Gamuda, 99 Speed Mart Could Join FBM KLCI Constituents - CIMB Securities

KUALA LUMPUR, Nov 26 (Bernama) -- CIMB Securities Sdn Bhd through its analysis has indicated that Gamuda Bhd and 99 Speed Mart Retail Holdings Bhd may replace Genting Bhd and Genting Malaysia Bhd as FBM KLCI constituents in the upcoming review in December.

Petronas Dagangan Share Price Surges On Strong 3q Net Profit

KUALA LUMPUR, Nov 26 (Bernama) -- Petronas Dagangan Bhd's shares climbed nearly five per cent following a strong surge in net profit announced yesterday.

Petronas Chemicals' Shares Up At Mid-Morning Despite 3Q Net Loss

KUALA LUMPUR, Nov 21 (Bernama) -- Petronas Chemicals Group Bhd’s shares on Bursa Malaysia rose during the mid-morning session despite recording a RM789 million net loss in the third quarter ended Sept 30, 2024 (3Q 2024) compared with a net profit of RM424 million in the same period last year. 

Analysts Remain Bullish On Dialog, Keeping It At 'Buy'

KUALA LUMPUR, Nov 20 (Bernama) -- CIMB Securities Sdn Bhd has maintained its “buy” call for Dialog Group Bhd, with an unchanged target price of RM3, forecasting the group’s performance for financial year 2025 to remain stable, driven by sustained contributions from the upstream and midstream segments.

Global Tech Upcycle, Front-loading Activities To Support Malaysia's Trade Performance In 4Q 2024

KUALA LUMPUR, Nov 20 (Bernama) -- The global tech upcycle and front-loading activities will likely support Malaysia's trade performance in the fourth quarter of 2024 (4Q 2024), said CIMB Securities Sdn Bhd.

RM11 MAHB Privatisation Offer Provides Immediate Gains For Investors – CIMB

KUALA LUMPUR, Nov 18 (Bernama) -- The offer to privatise Malaysia Airports Holdings Bhd (MAHB) at RM11 per share provides an opportunity for investors to realise immediate gains, said CIMB Securities Sdn Bhd.

CIMB Securities Projects Stronger Throughput Growth For Westports In 2025 On Transhipment Recovery

KUALA LUMPUR, Nov 11 (Bernama) -- CIMB Securities Sdn Bhd expects stronger throughput volume growth in 2025 for Westports Holdings Bhd driven by a recovery in transhipment volumes and sustained gateway cargo volumes.

Analysts Expect Maxis To Continue Positive Momentum

KUALA LUMPUR, Nov 11 (Bernama) -- Maxis Bhd’s earnings performance is commendable despite the rather saturated market view with regards to competitive pricing, quota and speed offerings, said MIDF Amanah Investment Bank Bhd.

Trump Presidency To Enhance Malaysia's Export Potential, FDI Inflows -- CIMB Securities

KUALA LUMPUR, Nov 7 (Bernama) -- Donald Trump’s re-election as the United States (US) President is expected to accelerate the China Plus One strategy, benefitting Malaysia through higher investments and enhanced export potential, particularly in sectors such as electronics, machinery, and palm oil. 

Gamuda Likely To Oust Genting Malaysia From FBM KLCI

KUALA LUMPUR, Nov 6 (Bernama) -- CIMB Securities Sdn Bhd has indicated that Gamuda Bhd may replace Genting Malaysia Bhd in the FTSE Bursa Malaysia KLCI (FBM KLCI) in the index’s upcoming review next month.

Research Houses Reiterate 'Buy' Call On Mah Sing On Data Centre Joint Development

KUALA LUMPUR, Oct 29 (Bernama) -- Research houses have reiterated their “buy” call on Mah Sing Group Bhd after the company signed a second collaboration agreement with Bridge Data Centres Malaysia VII (BDC) for the joint development of data centres (DCs).

TNB’s Solid Financial Footing Critical For Its Service To The Rakyat

By M. Saraswathi

KUALA LUMPUR, Oct 22 (Bernama) -- For a utility company such as Tenaga Nasional Bhd (TNB), a solid financial position, underpinned by a healthy balance sheet, low debt, and strong cash flow, enables it to allocate capital towards infrastructure upgrades, research and development, and operational improvements that benefit end consumers.