Kenanga IB Foresees FBM KLCI To Hit 1,840 Mark This Year
KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year.
KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit is expected to trade in a tight range, hovering around RM3.95 to RM3.96 next week as the market anticipates more catalysts, including the upcoming US economic data.
KUALA LUMPUR, Jan 30 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) said the recently released Petronas Activity Outlook (2026-2028) is largely neutral about the upstream services sector due to ageing vessels and rig supply in the local market.
KUALA LUMPUR, Jan 9 (Bernama) -- The utilities sector remains a key beneficiary of Malaysia’s accelerating data centre roll-out, underpinned by resilient electricity demand growth and long-term recurring income streams.
KUALA LUMPUR, Jan 5 (Bernama) -- Petrochemical prices in 2026 could enter a short-term bull cycle despite a weak near-term macroeconomic backdrop, according to Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, Jan 2 (Bernama) -- Kenanga Investment Bank Bhd maintains its 2025 gross domestic product (GDP) growth forecast at 4.8 per cent and projects a moderation to 4.2 per cent in 2026, supported by a stable Manufacturing Purchasing Managers’ Index (PMI).
KUALA LUMPUR, Jan 2 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the first quarter of 2026 (1Q 2026) to usher in a busy period for the renewable energy sector, potentially marked by the rollout of solar bids under the Large-Scale Solar (LSS) 6 programme.
KUALA LUMPUR, Dec 23 (Bernama) -- Malaysia’s gross domestic product (GDP) growth in 2026 is expected to moderate to 4.2 per cent from an estimated 4.8 per cent in 2025, according to Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, Sept 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained a 'market perform' call on Bermaz Auto Bhd (BAUTO), citing strong near-term earnings visibility.
KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) is maintaining its 2025 manufacturing growth forecast for Malaysia at 3.9 per cent, down from 4.3 per cent last year, citing a cautious outlook for external trade.
KUALA LUMPUR, Aug 1 (Bernama) -- The reduction in United States (US) import tariffs on Malaysian goods from 25 per cent to 19 per cent is expected to provide a timely boost for Malaysia’s export-oriented manufacturers, said Kenanga Investment Bank Bhd (Kenanga IB).
By Siti Radziah Hamzah
KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).