Stock Market & Investment News
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‘Minimal’ impact seen on earnings from Singapore job
Gamuda portion of MRT project is worth RM1.45bil Read full story
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Insight – Biden’s Ukraine response is mired in oil
WHEN it comes to the Ukraine crisis and energy, we are less in a war of attrition than one of asymptotes. Read full story
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Insight – Jolt sees more consensus trades hitting the skids
THE new year is proving unkind to the global investor consensus yet again and low visibility now becomes a major problem. Read full story
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Malaysia the prime issuer of sustainability sukuk in Asean
KUALA LUMPUR: Malaysia leads in sustainable and responsible investing (SRI) sukuk issuance among the Asean6 countries, accounting for US$3.9bil (RM16.32bil) of issuance value or 56% of the total Asean SRI sukuk issuance as of November 2021, according to a recent research. Read full story
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GML sees rising demand for electric buses
JOHOR BARU: Johor-based bus and bus body manufacturer Gemilang International Ltd (GML) sees rising demand in the completely knocked down (CKD) segment as more countries, especially the United States, are looking to create or re-shore domestic manufacturing activities. Read full story
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SunCon’s FY21 net profit soars
KUALA LUMPUR: Sunway Construction Group Bhd’s (SunCon) net profit jumped to RM112.59mil in the financial year ended Dec 31, 2021 (FY21) from RM72.79mil posted a year ago. Read full story