Top 68 Brokerages Latest News Alerts.
KLCI +0.2%; 1360 Immediate Resistance Eyed - (29 Jul 2010)
[Updated] KLCI +0.2% at 1357.54 in moderate volume of 540 million shares. Trading mixed with some profit-taking after 4 days of gains, but "positive trend is still intact," dealer with local bank-backed brokerage says. Tips 1360 as immediate resistance; 1350 support likely intact. Advancers, decline
Measat +7.1%; MYR4.20 Buyout Offer Fair-Kenanga - (29 Jul 2010)
[Updated] Measat Global (3875.KU) +7.1% at MYR4.07, off morning high of MYR4.09, after major shareholder Measat Global Network Systems (which currently owns 59.6% stake in Measat) seeks to take firm private, offers to buy out other shareholders at MYR4.20/share. "The stock could rise further to test
STI +0.1%; 3000 Cap; Genting, Kreuz In Demand - (29 Jul 2010)
[Updated] Singapore stocks off to shaky start as sentiment cautious after Wall Street's retreat, although some pockets of strength evident. STI +0.1% at 2989.79 after opening tad lower; immediate resistance at 3000, with support at 2950. Key gainers among STI components include Genting Singapore (G1
Sumitomo Mitsui Q1 net nearly triples - (29 Jul 2010)
TOKYO: Japanese megabank Sumitomo Mitsui Financial Group (SMFG) yesterday posted a net profit of 212 billion yen (100 yen = RM3.64) for the first quarter ended June, nearly triple the amount
Measat gets RM4.20 a share buyout offer - (29 Jul 2010)
Shareholders stand to get RM4.20 for each share held, which is a 10.5 per cent premium over the stock's last traded price of RM3.80.
If successful, it will be the second company controlled
China Shares End Higher Led By Brokerages, Cement Makers - (28 Jul 2010)
SHANGHAI (Updated)--China's shares ended at a fresh two-month high Thursday, as brokerages gained on hopes of higher fee income while cement makers strengthened after the state-run Xinhua News Agency said Beijing will soon launch supportive plans for the
Tokyo Shares End Off 0.6%; Shippers Soar, Panasonic Plunges - (28 Jul 2010)
By Brad Frischkorn
Of Updated NEWSWIRES
TOKYO (Updated)--Tokyo stocks fell Thursday as profit-taking took hold following sharp gains in the prior session, with even steeper losses curtailed by rosy earnings and outlook revisions from Nippon Yuse
Ringgit Declines on Signs US Economic Recovery Is Faltering - BusinessWeek - (28 Jul 2010)
= UPDATE: Asian Shares Mixed; Sanyo Electric Surges 27% - (28 Jul 2010)
(Adds information, quotes, updates/adds market levels)
By Colin Ng and Matthew Allen
Of Updated NEWSWIRES
SINGAPORE (Updated)--Asian stocks were mixed Thursday with sentiment dampened by concerns over the U.S
ASEAN Markets to Open Lower - Live Trading News - (28 Jul 2010)
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ASEAN Markets to Open LowerLive Trading NewsPenang-based Ivory Properties Group Bhd, which made a strong debut on Bursa Malaysia this morning, hopes to expand its operations to Kuala Lumpur in the ...and more » |
= UPDATE: US Stocks Slip; Beige Book, Durable-Goods Data Weigh - (28 Jul 2010)
(Adds additional company information, beginning in the seventh paragraph.)
By Donna Kardos Yesalavich
Of Updated NEWSWIRES
NEW YORK (Updated)--U.S. stocks fell Wednesday as a report from the Federal Reserve pointed to signs that the eco
VEGOILS-Palm oil firm on output worry, India demand weighs - Reuters Africa - (28 Jul 2010)
Kossan Rubber, Supermax rated 'buy' - (28 Jul 2010)
Kossan Rubber Industries Bhd and Supermax Corp were rated “buy” in new coverage by Citigroup Inc analysts Fiona Leong and Lawrence Ye, who said the companies are trading at undemanding val
Asean Stock Market News - Live Trading News - (27 Jul 2010)
Patsystems posts H1 results.. - Finextra - (27 Jul 2010)
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Patsystems posts H1 results..FinextraBursa Malaysia selecting our order management system and the Indonesian Commodity and Derivatives Exchange successfully launching new contracts with our ...and more » |
Long-term broadband growth - (27 Jul 2010)
PETALING JAYA: The Malaysian broadband sector offers industry players long term growth given the number of postpaid cellular voice subscribers in the country, according to HwangDBS Vickers Research.
ETFs: To invest or not to invest? - (26 Jul 2010)
EXCHANGE-Traded Funds (ETFs) have been mushrooming on foreign stock markets, attracting billions of dollars from keen investors wanting to gain exposure to the broad market or to emphasise a certain s
This week Wall Street needs more good earnings report to keep up the rally - (26 Jul 2010)
WALL Street enters this week on the cusp of a breakout in US stocks, but it will need another spate of convincing earnings reports to feed the rally that sprouted at the end of last week.
China, India, Malaysia, Taiwan, Thailand: Asian Bonds, Currencies Preview - Bloomberg - (25 Jul 2010)
CPO prices buoyant on strong demand - (24 Jul 2010)
PETALING JAYA: Strong overseas demand for palm oil ahead of the upcoming Ramadan month will keep prices on Bursa Derivatives buoyant, while traders gauge the potential impact of erratic weather pattern on output from local plantations.
VEGOILS-Palm oil ends lows on weaker exports; weather eyed - Reuters Africa - (23 Jul 2010)
Korea Electric to invest in Indonesian coal miner - (22 Jul 2010)
SEOUL: Korea Electric Power Corp (Kepco) plans to invest 618 billion won, or about US$512.3 million (US$1 = RM3.22), to buy a 20 per cent stake in Indonesia's Bayan Resources to secure more
Morgan Stanley Q2 results beat forecasts easily - (22 Jul 2010)
NEW YORK: Morgan Stanley said yesterday its second-quarter net income rose to US$1.58 billion (US$1 = RM3.22), easily topping forecasts as its Smith Barney brokerage helped the bank recover fr
Optimism on auto sector running high - (22 Jul 2010)
PETALING JAYA: Analysts are upbeat about the outlook of the local automotive industry for 2010, saying âthe current state of the auto industry is one of optimism not seen since 2005.â
Should M'sia hire grandmothers and pregnant ladies to fight unscrupulous brokers? - (21 Jul 2010)
REPORTS that Hong Kongâs financial regulators were hiring grandmothers, retired actors and pregnant ladies in the fight against unscrupulous brokers has raised the question if a similar programme can be effected here.
China, India, Malaysia, Thailand: Asian Bonds, Currency Preview - BusinessWeek - (20 Jul 2010)
Public Bank Q2 profit up 20% - (20 Jul 2010)
PETALING JAYA: Public Bank Bhdâs net profit for the second quarter ended June 30, 2010 rose 20.2% to RM734.1mil versus the same quarter of 2009 on the back of strong loans and deposits growth and improved asset quality.
KLCCP earnings to get a lift - (20 Jul 2010)
PETALING JAYA: KLCC Property Holdings Bhd (KLCCP) can look forward to higher income streams with the completion of the Lot C retail podium and a new office block next year despite the weaker performance of its hotel property business, analysts said.
Why the excitement over ETFs? - (19 Jul 2010)
THERE are attractive companies in every industry, be it biotechnology, pharmaceuticals, telecommunications, energy or financial services, and these companies are all vying for a portion of your invest
Scomi Eng shares soar - (17 Jul 2010)
KUALA LUMPUR: Scomi Engineering Bhd shares hit their highest levels since October 2009 on record volume yesterday after the company announced a special dividend of 29.5 sen a share on Thursday.
Hong Leong extends EONCap offer deadline - (16 Jul 2010)
Hong Leong Bank Bhd (
5819) has extended its deadline for EON Capital Bhd (EONCap) to accept
Asian markets rise on investorsâ upbeat mood - (15 Jul 2010)
PETALING JAYA: Asian stock markets roared yesterday, with Singaporeâs stunning growth providing fresh evidence that the regionâs economy is doing well despite lingering concern about potential fallout from the eurozone debt crisis and a fledgling recovery in the United States.
Asian markets rise on investors' upbeat mood - Malaysia Star (blog) - (14 Jul 2010)
Asia Roundup: Bullish sentiment evaporates - (14 Jul 2010)
HONG KONG: Asian shares sank yesterday as optimism about US corporate earnings tapered off and China denied it was easing restrictions aimed at curbing its red-hot property market.
Aon to acquire Hewitt for US$4.9b - (13 Jul 2010)
BANGALORE:Aon Corp the world’s largest insurance brokerage, said it will acquire human-resource service company Hewitt Associates Inc for about US$4.9 billion (US$1 = RM3.20) in cash a
Mergers seen as key to survival in India mobile mart - (12 Jul 2010)
NEW DELHI: Mergers are the only way forward in India's crowded mobile phone market, where 14 operators are slugging it out for subscribers by offering the cheapest rates in the world, analyst
Citigroup: Emerging marts to rebound in second half - (10 Jul 2010)
BANGALORE: Citigroup forecast emerging markets rebounding in the second half of the year as the strongest part of the global economy, with 6.8 per cent growth in gross domestic product in 20
Sumitomo in Japan's first Islamic funding deal - (9 Jul 2010)
SUMITOMO Corp is arranging the first Islamic funding deal in Japan, which could pave the way for other Japanese issuers to tap the US$1 trillion (RM3.20 trillion) industry, a source with knowledge
Hong Kong: Fired up by Wall Street rally - (9 Jul 2010)
SHARES rose 0.97 per cent yesterday boosted by gains on Wall Street, traders said. The benchmark Hang Seng Index closed up 193.49 points at 20,050.56.
Alvin Cheung, associate director at
Sunway REIT attracts huge foreign funds - (9 Jul 2010)
KUALA LUMPUR: Sunway Real Estate Investment Trust (REIT), the largest property trust in Asia excluding Japan since 2007, has attracted a significant amount of funds from foreign institutional investors.
Japan, India, Malaysia, South Korea, Taiwan: Asia Bonds, Currency Preview - Bloomberg - (7 Jul 2010)
 AFP |
Japan, India, Malaysia, South Korea, Taiwan: Asia Bonds, Currency PreviewBloombergThe yield on the 3.835 percent debt maturing in August 2015 was 3.48 percent, according to Bursa Malaysia. The ringgit was at 3.22. South Korea: The central ...Japan, China, India, Malaysia, Philippines: Asian Bonds, Currency Preview Bloomberg all 98 news articles » |
EONCap moves into uncharted waters - (7 Jul 2010)
EONCap, in a stock exchange filing late yesterday, said the Kuala Lumpur High Court, which opened the case yesterday, had fixed the matter for trial beginning September 20 this year.
This r
Tesco among bidders for Carrefour units - (7 Jul 2010)
KUALA LUMPUR: UKâs Tesco Plc, Japanâs Aeon Co, Hong Kongâs Dairy Farm International Holdings Ltd and Thailandâs Big C Supercenter Pcl may be putting in bids for Carrefour SAâs Malaysia, Singapore and Thailand assets, Bloomberg reported, quoting sources.
Nomura plans sukuk sale in Malaysia - (6 Jul 2010)
Nomura Holdings Inc plans the first sale of dollar-denominated Islamic bonds in Malaysia by a Japanese company, supporting its expansion in an industry with US$1 trillion of assets.
JapanR
KBC sells Asian derivatives unit for US$1b - (6 Jul 2010)
BRUSSELS/TOKYO: Belgian banking and insurance group KBC sold its Asian derivatives unit for around US$1 billion (RM3.22 billion), as part of the restructuring it promised in return for state
Reliance Natural Resources shares dive after merger - (6 Jul 2010)
MUMBAI: Shares of Indian tycoon Anil Ambani's Reliance Natural Resources Ltd (RNRL) plunged by nearly 30 per cent yesterday, a day after it announced a merger with group firm Reliance Power.
Wilmar buys CSR's sugar arm for US$1.5b - (6 Jul 2010)
SYDNEY/SINGAPORE: Singapore's Wilmar International is buying Sydney-based CSR's sugar business for US$1.5 billion (US$1 = RM3.22) in a surprise deal that trumps China's Bright Food Group and
Palm futures moving sideways to downward - (2 Jul 2010)
CPO FUTURES
MALAYSIAN crude palm oil futures fell more than 1 per cent yesterday, tracking volatile crude oil and equity markets, on signs China’s economic growth was slowing.
Fortis launches US$3.1b bid for Parkway - (2 Jul 2010)
SINGAPORE/NEW DELHI: India's Fortis Healthcare and its founding family launched a bid valuing Singapore hospital operator Parkway Holdings at $3.1 billion (RM10 billion), topping a rival offe
Financial firms hiring again as Wall St rebuilds - (29 Jun 2010)
NEW YORK: Leverage is back on Wall Street - and this time it's the bankers who have it.
Firms are adding jobs for the first time in two years, rebuilding businesses cut during the finan
What lies ahead this week in M'sian and global market? - (28 Jun 2010)
WORRIES about a fragile state of the global economy will keep investors on their toes this week as the market heads towards the end of a torrid first half of the year and starts an unpredictable second half.
Adviser: Khazanahâs partial takeover offer for Parkway ânot compellingâ - (24 Jun 2010)
KUALA LUMPUR: Khazanah Nasional Bhdâs partial takeover offer of Singapore-listed Parkway Holdings Ltd at S$3.78 per share is reasonable but ânot compellingâ, said independent financial adviser Morgan Stanley Asia (S) Pte.
EONCap stock outlook shaky amid lawsuit - (24 Jun 2010)
The outlook for EON Capital Bhd's (EONCap) (
5266) stock is shaky as investors await news on
Tanjong downgraded by Credit Suisse - (24 Jun 2010)
Tanjong Plc, a power and gaming group was cut to “neutral” from “outperform” by Credit Suisse Group AG analyst Tan Ting Min, who said the company will face “strong headwi
Khazanah still mum on sale of Pos Malaysia stake - (23 Jun 2010)
PETALING JAYA: Although news has surfaced that 11 parties are interested in bidding for Khazanah Nasional Bhdâs 32.2% stake in Pos Malaysia Bhd and that local bidders may team up with foreign ones, no further word has been forthcoming on how this plan is coming along.
KFH decision to drop RAM sparks speculation - (22 Jun 2010)
PETALING JAYA: Kuwait Finance House (M) Bhdâs (KFH) decision to discontinue the rating services by RAM Ratings Sdn Bhd has caused industry observers to speculate about the bankâs motives.
Morgan Stanley upgrades Malaysia to 'overweight' - (19 Jun 2010)
SINGAPORE: Russia replaced China as Morgan Stanley's top pick among the largest emerging stock markets in its developing-nation model as the brokerage advised investors to take on riskier asset
SGX: Down slightly in cautious trade - (18 Jun 2010)
STOCKS bucked the regional trend to close slightly weaker yesterday.
The Straits Times Index fell 0.11 per cent, or 2.99 points, to close at 2,843.95, turning lower after a 1 per cent gain on
BNM issues licences to 5 foreign banks - (18 Jun 2010)
Malaysia yesterday awarded commercial banking licences to five foreign banks, including two from Japan, in a move to further open up the sector and draw investments.
The five are France's BNP
Indiaâs Fortis hires banks as Parkway battle heats up - (16 Jun 2010)
NEW DELHI: India’s Fortis Healthcare has hired Macquarie and Religare Capital to raise funds for a possible battle with Khazanah Nasional Bhd over Singapore’s Parkway Holdings, two sources with knowledge of the matter told Reuters.
BSkyB says News Corpâs 700p per share too low - (16 Jun 2010)
LONDON: Rupert Murdochâs News Corp is proposing to pay US$12bil to take control of British satellite broadcaster BSkyB as it seeks to generate steadier earnings and make better use of its cash pile.
11pc of Scicom shares traded off market in RM18.9m deal - (16 Jun 2010)
SCICOM (MSC) Bhd, the country's largest call centre outsourcing service provider, had 11.19 per cent of its shares traded off market at a premium in a deal valued at RM18.9 million.
Four bloc
Fortis keeping options on Parkway open - (16 Jun 2010)
NEW DELHI/SINGAPORE: India's Fortis Healthcare said it was keeping its options open on Malaysian sovereign fund Khazanah Nasional Bhd's offer for Parkway, while sources said the Indian firm had
Sunway REIT IPO launched - (16 Jun 2010)
PETALING JAYA: Sunway City Bhd (SunCity) and Sunway REIT Management Sdn Bhd have launched the initial public offering (IPO) of 1.65 billion units in Sunway Real Estate Investment Trust (Sunway REIT).
Ishak no longer substantial shareholder of Kenmark - (15 Jun 2010)
PETALING JAYA: Datuk Ishak Ismail has netted an estimated RM5mil from selling shares in Kenmark Industrial Co (M) Bhd, a company that he had started buying into slightly over a week ago.
Bank Negara unlikely to be pressured over decision on Affin-EON Cap talks - (15 Jun 2010)
PETALING JAYA: The call by the Malay Consultative Council for Bank Negara to review its decision on not allowing Affin Holdings Bhdâs application to talk to EON Capital Bhd (EON Cap) and its major shareholders is seen as a political ploy.
Muted response to 10MP on KL stock market - (11 Jun 2010)
The benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 1.23 points to close the trading day at 1,291.31.
A closer look showed that 261 counters finished higher and
AirAsia X plans IPO next year - (9 Jun 2010)
SEPANG: Long-haul budget carrier AirAsia X Sdn Bhd is planning an initial public offering (IPO) in the second half of 2011, subject to market conditions.