Stock Market & Investment News

SINGAPORE: Asian refining margins for 10 ppm gasoil rose to a two-week high on Thursday, while cash premiums for the industrial fuel grade climbed as the April/May time spread widened its backwardated structure. Read full story

KUALA LUMPUR: Stocks that could see price movement on Friday include PA Resources, Bintai Kinden, Cypark Resources, Bintai Kinden, Datasonic, Solarvest, CIMB, Time dotCOm, MyNews, Poh Huat, Wong Engineering and Poh Kong, said JF Apex Research. Read full story

KUALA LUMPUR: The domestic market continued its rally in the wake of growing positive sentiment in global markets. Read full story

KUALA LUMPUR: While poised to benefit from further reopening of the economy, MyNews Holdings Bhd’s margins could be under pressure in the coming quarters due to higher depreciation and marketing expenses at its new outlets. Read full story

KUALA LUMPUR: The ringgit opened little changed against the US dollar today amid positive United States (US) economic data, an analyst said. Read full story

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has categorically denied reports and speculations on purported “talks with the government on a proposal to take a significant stake” in Sapura Energy Bhd (SEB). Read full story

KUALA LUMPUR: The full resumption of land travel between Malaysia and Singapore will catalyse business activities not only for the severely impacted tourism industry, but also provide a strong impetus for the post COVID-19 economic recovery. Read full story

KUALA LUMPUR: The FBM KCLI entered midday with a slight lead but was unable to make much headway past the 1,600-point psychological level. Read full story

KUALA LUMPUR: VS Industry Bhd’s net profit in the second quarter ended Jan 31, 2020, fell to RM44.49mil from RM63.79mil in the previous corresponding quarter on lower orders from key customers and disruptions in the global supply chain. Read full story