3m ago
KUALA LUMPUR, June 9 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” rating on the telecommunication (telco) sector after companies under its coverage delivered the first quarter of 2025 (1Q 2025) performance that largely tracked estimates.
4m ago
KUALA LUMPUR, May 14 (Bernama) -- Malaysian palm oil stocks are expected to rise 15 per cent month-on-month (m-o-m) in May 2025 to 2.15 million tonnes, driven by higher output, according to CIMB Securities Sdn Bhd.
4m ago
KUALA LUMPUR, May 13 (Bernama) -- Technology financing solution company ICT Zone Asia Bhd aims to raise RM26.6 million through its initial public offering (IPO) in conjunction with its transfer from the LEAP Market to the ACE Market of Bursa Malaysia.
4m ago
KUALA LUMPUR, May 8 (Bernama) -- Industrial products and services counters on Bursa Malaysia related to the artificial intelligence (AI) chip making have shown a mixed reaction to the latest plan announced by the Trump administration to rescind and replace Biden-era global AI chip export curbs.
4m ago
KUALA LUMPUR, May 6 (Bernama) -- Gamuda Bhd shares rose today after indirect subsidiary Gamuda DC Infrastructure Sdn Bhd (DCI) entered into contracts to dispose of 157.42 hectares for RM455.23 million and undertake works worth RM1.01 billion with Pearl Computing Malaysia Sdn Bhd.
4m ago
By Anas Abu Hassan
KUALA LUMPUR, May 3 (Bernama) -- The ringgit is likely to trade in a cautious mode next week as investors will focus on the monetary policy decisions domestically and from the United States (US), said an economist.
4m ago
KUALA LUMPUR, April 29 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,200 per tonne in 2025 due to a high price premium enjoyed by palm oil over soyabean oil in the first quarter of 2025 (1Q 2025), said Kenanga Investment Bank Bhd (Kenanga Research).
4m ago
KUALA LUMPUR, April 28 (Bernama) -- Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is expected to benefit the most from Malaysia’s automotive industry in 2025, driven by forward-buying interest due to the deferment of new excise duty regulations until the end of the year.
4m ago
KUALA LUMPUR, April 21 (Bernama) -- CGS International Securities Malaysia Sdn Bhd has revised Malaysia’s 2025 gross domestic product (GDP) growth forecast to 4.2 per cent year-on-year (y-o-y) from 4.6 per cent previously, below the official 4.5-5.5 per cent estimate.
5m ago
KUALA LUMPUR, April 16 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Keyfield International Bhd’s daily charter rate (DCR) in the local offshore support vessel (OSV) market to remain stable or slightly lower year-on-year, supported by tight supply and rising demand despite global macroeconomic challenges.
5m ago
KUALA LUMPUR, April 9 (Bernama) -- Drug maker Duopharma Biotech Bhd is favoured for its integrated business model, scale and reach, Kenanga Investment Bank Bhd said in a note today.
5m ago
KUALA LUMPUR, April 4 (Bernama) -- The ringgit is expected to remain defensive versus the US dollar, trading at a range of 4.42-4.45, barring surprises, said Kenanga Investment Bank Bhd (Kenanga IB).