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Tag Archives: Technical Analysis
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MP Corp tumbles on getting winding-up petition from RHB Bank
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp) shares tumbled 33.33% this morning after it was served with a winding-up petition by RHB…
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Nestle hits record high after posting 4Q results but analysts mixed on ratings
KUALA LUMPUR (Feb 21): Nestle (Malaysia) Bhd shares surged 1.07% to a record high after posting its highest fourth quarter net profit of RM133.54 million…
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MSM 4Q net profit declines 9.1% on lower revenue
KUALA LUMPUR (Feb 21): MSM Malaysia Holdings Bhd, the country’s largest refined sugar producer, saw a decline in its net profit by 9.1% to RM13.1…
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MBSB, Euro, Inta, LeeSK, YKGI
KUALA LUMPUR (Feb 21): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia’s afternoon market close today. It showed one with positive momentum and four…
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Final version of Trans-Pacific trade deal released, rules pushed by US on ice
WELLINGTON/SYDNEY (Feb 21): The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific’s fastest-growing economies was released on…
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MAHB 4Q profit slips 16% on higher costs, proposes 8 sen dividend
KUALA LUMPUR (Feb 21): Higher total costs dragged airports operator Malaysia Airports Holdings Bhd’s (MAHB) net profit in the fourth quarter ended Dec 31, 2017…
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Malakoff's 4Q earnings slump 52% to RM43.7m, proposes 3.7 sen dividend
KUALA LUMPUR (Feb 21): Malakoff Corp Bhd’s net profit for the fourth quarter ended Dec 31, 2017 (4QFY17) slumped 52% to RM43.72 million from RM90.23…
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XE Market Analysis: Europe – Feb 19, 2018
The dollar traded generally firmer today in low volumes with a number of Asian nations enjoying public holidays today, including China, Hong Kong and Taiwan. North American markets will also be absent today. EUR-USD logging a two-session low of 1.2392, and USD-JPY recouped above 106.60, extending a rebound from Friday’s 15-month low at 105.52. The […]
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U.K. Has a Secret Plan to Hold Brexit Cash If EU Refuses to Trade
(Feb 20): Prime Minister Theresa May’s team has drawn up a secret contingency plan to withhold billions of pounds in Brexit payments in order to…
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Singapore Matches More Problems With More Money: Budget Snapshot
(Feb 20): Singapore’s budget on Monday was all about boosting government revenue through higher taxes in order to pay for rising spending needs. While the city…
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Cryptocurrencies won’t disrupt financial markets for now, says S&P
KUALA LUMPUR (Feb 20): While financial markets are abuzz with questions regarding the nature and viability of digital currencies, cryptocurrencies would need some regulation and…