Stock Market & Investment News

KUALA LUMPUR: Teo Seng Capital Bhd returned to the black with a net profit of RM12.05mil for the fourth quarter ended Dec 31, 2021 (4Q21) from a net loss of RM2.14mil, thanks to the improved selling price of eggs. Read full story

KUALA LUMPUR: MR DIY Group Bhd posted a higher net profit of RM431.83 million for the financial year ended Dec 31, 2021 (FY2021) compared with RM337.16 million in the previous year. Read full story

KUALA LUMPUR: Gas Malaysia Bhd’s net profit improved marginally to RM69.29 million in the fourth quarter ended Dec 31, 2021 (Q4 2021), versus RM69.23 million in Q4 2020. Read full story

KUALA LUMPUR: AirAsia X Bhd (AAX) posted a net loss of RM11.94 million for the second quarter ended Dec 31, 2021 (Q2 FY2022) on the back of revenue of RM119.31 million. Read full story

KUALA LUMPUR: Batu Kawan Bhd’s net profit jumped 72.8% to RM330.72mil in the first quarter ended Dec 31, 2021 (1Q22) from RM191.35mil a year ago. Read full story

Home improvement retailer poised for steady expansion Read full story

HONG KONG: Investors are betting on the fastest pace of interest-rate hikes since 2010 across the world’s biggest developed markets, pressuring policy makers who want to slow inflation without crash landing their economies. Read full story