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Blue chips give up early gains; oil prices slip

KUALA LUMPUR: The local bourse moved into negative territory less than an hour into the morning session as blue chips gave up early gains and Maybank weighed. Regionally, equity markets were in the red as Wall Street came under pressure from declining oil prices.  US energy stocks including General Electric brought US indexes lower as oil prices slipped from 28-month highs achieved last week. At midday, the FBM KLCI was 1. (30-0)

Bursa ends lower on profit-taking

2017-11-10 themalaymailonline
KUALA LUMPUR, Nov 10 — Bursa Malaysia finished the week lower on profit-taking in selected heavyweights and trade and services counters, dealers said. (7-0)

KL shares higher in early trade

2017-11-06 themalaymailonline
Market breadth was positive with gainers outpacing decliners 227 to 124 while 224 counters were unchanged, 1,239 untraded and 29 others were suspended. — Bernama picKUALA LUMPUR, Nov 6 — Bursa Malaysia opened higher on Monday prompted by buying interest for selected heavyweights. (11-0)

Trading ideas: HLFG, Sasbadi, UEM Edgenta, ECS ICT, Kronologi

KUALA LUMPUR: Hong Leong Financial Group Bhd (HLFG), Sasbadi Holdings Bhd , UEM Edgenta, ECS ICT and Kronologi Asia Bhd are among the stocks to watch on Friday, according to JF Apex Research. (2-1)

Hong Leong plans large capital call

Hong Leong Financial Group Bhd (HLFG), which owns 65.7% of HLB, is looking to raise RM25bil via a perpetual notes and commercial papers programme. (6-1)

HFLG, Hong Leong Bank set up multi-billion ringgit debt programmes

Tags / Keywords: Corporate News , Banking , Hong Leong Financial Group Bhd , Hong Leong Bank Bhd (2-1)

RAM Ratings upgrades HLB, HLISB and HLIB ratings to AAA

2017-11-02 themalaymailonline
KUALA LUMPUR, Nov 2 — RAM Ratings Services Bhd has upgraded Hong Leong Bank Bhd (HLB), Hong Leong Islamic Bank Bhd and Hong Leong Investment Bank Bhd’s long-term financial institution ratings to AAA from AA1, with a stable outlook. (2-1)

Bursa Malaysia ends higher on bargain hunting

2017-10-03 themalaymailonline
KUALA LUMPUR, Oct 3 — The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded to close higher today, ending a 10-day losing streak, on bargain hunting in selected heavyweights. (16-2)

Bursa mixed at mid-afternoon

2017-10-03 themalaymailonline
On a broader market, losers surpassed gainers 370 to 334, with 386 counters unchanged, 746 untraded and 18 others suspended. — Bernama picKUALA LUMPUR, Oct 3 — Bursa Malaysia was mixed at mid-afternoon today on lack of catalysts.   (12-1)

Limitation in the value of Teh and Quek’s shareholding

TAN Sri Teh Hong Piow and Tan Sri Quek Leng Chan, the owners of two Chinese banks are multi-billionaires.

Public Bank game changer

For instance, try walking into any Public Bank branch and you will find the familiar photograph of Tan Sri Teh Hong Piow, the 87-year-old founder, framed on the wall of the banking hall.

KL shares higher at mid-day

2017-08-02 themalaymailonline
KUALA LUMPUR, Aug 2 — Gains in heavyweights pushed the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to end higher at mid-day today, amid weak sentiment in the broader market.

KLCI, most key Asian markets in the red

KUALA LUMPUR: Bursa Malaysia saw a follow through in selling pressure at midday which took the benchmark index lower.  At midday, the FBM KLCI eased 3.78 points, or 0.21% to 1,790.29. The benchmark index moved between 1,775.72 and 1,782.09 throughout the session. On the broader market, losers thumped gainers 554 to 217, while 337 counters were unchanged. Turnover stood at 799.77 million shares worth RM809.

FBM KLCI ends morning session higher

2017-06-16 themalaymailonline
An investor monitors share market prices at a brokerage firm in Kuala Lumpur, Malaysia, August 24, 2015. — Reuters picKUALA LUMPUR, June 16 — The market bellwether FBM KLCI ended the morning session higher on the back of buying momentum in selected heavyweights.    

Bursa opens higher

2017-06-15 themalaymailonline
KUALA LUMPUR, June 15 — Bursa Malaysia opened higher today, spurred by persistent buying in selected heavyweights, said a dealer.