RHB maintains 'overweight' on tech sector, top pick Inari, MPI
KUALA LUMPUR: Inari Amertron Bhd and Malaysian Pacific Industries Bhd (MPI) are RHB Research’s top pick for the technology sector. Read full story
Stock Market & Investment News
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Foreign funds step up buying on Bursa Malaysia
KUALA LUMPUR: The pace of foreign buying on Bursa Malaysia accelerated with US$280.98mil net of equities purchased over the past trading week, according to MIDF Research. Read full story
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OGSE industry records lower industry revenue in 2020
KUALA LUMPUR: The oil and gas services and equipment (OGSE) industry recorded a significantly lower total industry revenue of RM56.2 billion in 2020 (FY2020) from RM65.1 billion in 2019 as the overall oil and gas industry was badly hit by low oil prices and COVID-19. Read full story
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KLCI pares loss, stays in red as banks drag
KUALA LUMPUR: The FBM KLCI pared some of its loss but was still in the red at midday dragged by the decline in Maybank Public Bank and Tenaga. Read full story
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Moody's: Asean banks making progress, but facing challenges to decarbonise finance
KUALA LUMPUR: The Association of Southeast Asian Nations (ASEAN) banks have to navigate a challenging path amid pressure from investors, regulators and social forces to decarbonise their loan books and meet country-level net-zero emission targets that go beyond 2050, Moody’s Investors Service said. Read full story
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