Fri, 26 Apr 2019, 2:30 AM
ADVERTISE with The Malaysian Pulse!

Topic: Shares

Malay Mail:
Share
NEW YORK, April 25 — Microsoft hit the trillion-dollar value mark today for the first time, becoming the third technology giant to reach the symbolic milestone.
The Edge Markets:
Share
KUALA LUMPUR (April 25): MQ Technology Bhd’s independent auditors have expressed a qualified opinion on the group’s annual audited financial statements for its financial year ended Dec 31, 2018 (F...
The Edge Markets:
Share
KUALA LUMPUR (April 25): Tropicana Corp Bhd has inked four joint development agreements (JDA) to develop four pieces of land in Langkawi and Pekan Nenas, Johor, with total estimated gross development ...
The Edge Markets:
Share
KUALA LUMPUR (April 24): Kretam Holdings Bhd recorded a wider audited net loss of RM38.7 million for its financial year ended Dec 31, 2018 (FY18), compared to an unaudited net loss of RM29.31 million,...
Malay Mail:
Share
HELSINKI, April 25 — Finland’s Nokia plunged to a surprise quarterly loss after it failed to supply 5G telecoms equipment in time, and said the security dispute surrounding rival Huawei was creati...
Malay Mail:
Share
FRANKFURT, April 25 — Deutsche Bank and Commerzbank said their merger talks had ended, with execution risks, restructuring costs and capital requirements dashing German attempts to create a mega-ban...
The Star:
Share
LONDON: Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco.
Malay Mail:
Share
LONDON, April 25 — British shares were in the red today as Sainsbury’s shares soured after the company scrapped its proposed takeover of Walmart’s Asda while Taylor Wimpey’s warning on margins...
The Star:
Share
LG Electronics Inc said on April 25 it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals in reorganising production as they battle a slump in global demand.
The Star:
Share
SEOUL: SK Hynix Inc., a supplier to Apple Inc., posted a steep decline in operating profit but forecast a recovery in demand this quarter for memory chips used in smartphones and data centres.
The Edge Markets:
Share
KUALA LUMPUR (April 25): Shares in RHB Bank Bhd rose marginally at mid-morning today after the group said it expects two sizeable IPOs in the pipeline this year.
The Edge Markets:
Share
KUALA LUMPUR (April 25): Shares in Bumi Armada Bhd fell 3.70% in active trade this morning after the group refinanced its unsecured term loans of US$380 million (RM1.57 billion) and revolving credit f...
Malay Mail:
Share
NEW YORK, April 25 — Occidental Petroleum launched a campaign yesterday to buy Anadarko Petroleum in a hostile takeover, challenging Chevron's proposed acquisition in a battle over key US shale asse...
The Star:
Share
KUALA LUMPUR: Shares of HeiTech Padu Bhd rose almost 8% on Thursday morning after securing two smart-parking system concessions.
The Star:
Share
KUALA LUMPUR: Shares in Bumi Armada fell 7.4% in early trade Thursday after the company announced a refinancing deal to escapes liquidation.
Malay Mail:
Share
SAN FRANCISCO, April 25 — Facebook Inc yesterday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside US$3 bil...
Malay Mail:
Share
NEW YORK, April 25 — Tesla Inc lost US$700 million (RM2.89 billion) in the first quarter but predicted it would return to profit in the third quarter as it cuts costs and improves delivery after fac...
Malay Mail:
Share
NEW YORK, April 24 — Boeing today reported lower first-quarter profits as the global grounding of its 737 MAX plane following two crashes hit earnings.
The Edge Markets:
Share
KUALA LUMPUR (April 24): HeiTech Padu Bhd has bagged two contracts to develop and manage smart parking systems on Penang Island and Seberang Perai.
The Edge Markets:
Share
KUALA LUMPUR (April 24): Texchem Resources Bhd reported a net profit of RM2.42 million for its first quarter ended March 31, 2019 (1QFY19), as it recorded an exceptional income of RM4.54 million versu...
The Star:
Share
Snap said that the number of daily active Snapchat users rose to 190 million in the first quarter from 186 million in the prior period, but remained below the 191 million it had a year earlier.
Malay Mail:
Share
SHANGHAI, April 24 — Equity markets in Asia faltered today amid losses in South Korea and uncertainty over China's plans for further stimulus as the economy shows signs of regaining its footing.
The Star:
Share
KUALA LUMPUR: Shares of plantation giant FGV Holdings Bhd rose to a high of RM1.32 on Wednesday, the highest since November 2018 on fresh corporate news and also it was upgraded to a buy.
The Edge Markets:
Share
KUALA LUMPUR (April 24): Shares of Sinotop Holdings Bhd rose as much as 47% this morning after the company announced that its major shareholder will inject a construction company into the group for RM...
The Edge Markets:
Share
KUALA LUMPUR (April 24): Syarikat Takaful Malaysia Keluarga Bhd shares rose 32 sen or 6.05% to RM5.61, as Malaysia's benchmark index advanced.
The Edge Markets:
Share
KUALA LUMPUR (April 24): Shares in Cycle & Carriage Bintang Bhd fell 3.33% this morning after it recorded a wider net loss of RM4.36 million in its first quarter ended March 31, 2019, compared with a ...
The Edge Markets:
Share
KUALA LUMPUR (April 24): Shares in Frontken Corp Bhd rose 2.29% this morning after its net profit more than doubled to RM15.04 million in its first quarter ended March 31, 2019 from RM6.3 million a ye...
The Star:
Share
KUALA LUMPUR: Shares in Barakah Offshore Petroleum Bhd were hotly traded in early trade Wednesday with over 20 million shares, exchanging hands, making it most actively traded counter.
Malaysiakini:
Share
US President Donald Trump met with Twitter Inc Chief Executive Jack Dorsey on Tuesday and spent a significant time questioning him about why he had lost some Twitter followers, a person briefed on the...
The Star:
Share
NEW YORK: Global equity markets rallied on Tuesday as the U.S. Nasdaq and S&P 500 stock indexes marched toward record highs, while European energy shares posted their biggest daily gain since January as crude prices surged.
The Edge Markets:
Share
KUALA LUMPUR (April 23): Ire-tex Corp Bhd saw 10 million shares or a 6.81% stake in the group traded off-market in two direct business transactions today, as three directors resigned from its board.
The Edge Markets:
Share
KUALA LUMPUR (April 23): Seacera Group Bhd said today that it has detected unusual market activities concerning the trading of its securities.
The Edge Markets:
Share
KUALA LUMPUR (April 23): APFT Bhd’s independent and non-executive chairman Datuk Md Ismail Hamdan has resigned from his post, along with two other directors, amid a longstanding boardroom tussle.
The Edge Markets:
Share
KUALA LUMPUR (April 23): Cycle & Carriage Bintang Bhd (C&C) recorded a wider net loss of RM4.36 million in its first quarter ended March 31, 2019, compared with a net loss of RM3.19 million a year ago...
The Edge Markets:
Share
KUALA LUMPUR (April 23): Sedania Innovator Bhd announced today that it has appointed Nisa Ismail as the new chief executive officer for its wholly-owned fintech subsidiary Sedania As Salam Capital.
The Edge Markets:
Share
KUALA LUMPUR (April 23): United Plantations Bhd's net profit declined 33.4% in the first quarter ended March 31, 2019 (1QFY19) to RM66.92 million from RM100.50 million in the previous corresponding qu...
The Edge Markets:
Share
KUALA LUMPUR (April 23): Destini Avia Technique Sdn Bhd (DAT), a 50:50 joint venture between Destini Bhd and UK-based Avia Technique Ltd, will undertake repair and overhaul activities on aircraft safe...
The Edge Markets:
Share
KUALA LUMPUR (April 23): MCA-linked Matang Bhd independent non-executive chairman Datuk Teh Kean Ming has resigned from his post effective immediately.
Malay Mail:
Share
KUALA LUMPUR, April 23 — Bursa Malaysia closed firmer today, lifted by positive investor sentiment in selected counters, namely Malaysia Airports, Tenaga, Hartalega and Top Glove, dealers said.
The Edge Markets:
Share
KUALA LUMPUR (April 23): Hartalega Holdings Bhd shares rose 7.69%, more than any full-day gain since Jan 17, as Malaysia's benchmark index advanced.
Malay Mail:
Share
KUALA LUMPUR, April 23 — Bursa Malaysia was firmer at mid-day today, lifted by buying interest in selected heavyweight stocks, namely Malaysia Airports and Tenaga, dealers said.
The Edge Markets:
Share
KUALA LUMPUR (April 23): Axiata Group Bhd could swing to a loss in its financial year ending Dec 31, 2019 (FY19), depending on the outcome of the appeal of its 80%-owned unit against the Nepal Supreme...
The Edge Markets:
Share
KUALA LUMPUR (April 23): Shares in Destini Bhd rose 3.28% this morning after Hong Leong IB Research said the worst is over for the stock as the share price is hovering above SMA200. At 9.22am, Destini...
The Edge Markets:
Share
KUALA LUMPUR (April 23): Shares in Velesto Energy Bhd rose 3.28% in active trade this morning after it bagged four contracts from Petronas Carigali Sdn Bhd with an estimated combined value of US$104.6...
The Edge Markets:
Share
KUALA LUMPUR (April 23): Shares in Chemical Company of Malaysia Bhd (CCM) rose 6.90% this morning after it accepted a Letter of  Award from Petroliam Nasional Bhd (Petronas) to supply up to 351,000 t...
The Star:
Share
KUALA LUMPUR: Chocolate demand in Asia is booming, and this Malaysian company sits at the epicentre.
The Star:
Share
KUALA LUMPUR: Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd, two listed firms controlled by Tan Sri Lim Kang Hoo, have issued separate statements to Bursa Malaysia to clarify that they are not involved in the revived Bandar Malaysia project.
EdgeProp.my:
Share
KUALA LUMPUR (April 22): The revival of the Bandar Malaysia project is not only breathing new life into the share prices of big construction companies, but also building material players and even a du...
The Edge Markets:
Share
KUALA LUMPUR (Apr 22): Trading in the shares of Sinotop Holdings Bhd will be suspended tomorrow pending an announcement relating to a "very substantial acqusition" to be made by the company.
The Edge Markets:
Share
KUALA LUMPUR (April 22): Ekovest Bhd, whose shares surged today on optimism that it would benefit from the revival of Bandar Malaysia, has denied that it is involved in the reinstatement of the projec...
Malay Mail:
Share
KUALA LUMPUR, April 22 — Bursa Malaysia ended almost unchanged today as news on the revival of the Bandar Malaysia mega project last Friday drove optimism in the market with buying support mainly se...
The Edge Markets:
Share
KUALA LUMPUR (April 22): The revival of the Bandar Malaysia project is not only breathing new life into the share prices of big construction companies, but also building material players and even a du...
The Star:
Share
KUALA LUMPUR: Chocolate demand in Asia is booming, and this Malaysian company sits at the epicenter.
EdgeProp.my:
Share
KUALA LUMPUR (April 22): Shares in Gadang Holdings Bhd and DWL Resources Bhd rose this morning after the duo entered into a pre-bid consortium agreement to jointly tender for and undertake infrastruct...
The Edge Markets:
Share
KUALA LUMPUR (April 22): Shares in KNM Group Bhd fell 3.12% this morning after it proposed to raise up to RM36.36 million via a private placement to third party investors to be identified later, to fi...
The Edge Markets:
Share
KUALA LUMPUR (April 22): Shares in Gadang Holdings Bhd and DWL Resources Bhd rose this morning after the duo entered into a pre-bid consortium agreement to jointly tender for and undertake infrastruct...
The Star:
Share
KUALA LUMPUR: Shares of Ekovest Bhd and Iskandar Waterfront City (IWC) rallied in early trade Monday following the announcement of the revival of Bandar Malaysia project last Friday.
The Star:
Share
TOKYO: Nintendo Co shares jumped after China’s Tencent Holdings Ltd won approval to distribute one of the company’s games for its Switch console, a sign the Japanese company may benefit from growth in the world’s largest games market.
The Edge Markets:
Share
KUALA LUMPUR (April 19): The FBM KLCI ended a choppy trading week higher, inching up 0.14% or 2.34 points to 1,622.07, as investors reacted to speculation that the Government will revive the stalled B...
The Star:
Share
Nintendo Co shares jumped after China’s Tencent Holdings Ltd won approval to distribute one of the company’s games for its Switch console, a sign the Japanese company may benefit from growth in the world’s largest games market.
The Edge Markets:
Share
KUALA LUMPUR (April 19): The FBM KLCI eked out slim gains at the midday break today, against the backdrop of mixed regional markets.
The Edge Markets:
Share
KUALA LUMPUR (April 19): Genting Malaysia Bhd shares rose 3.6 percent, more than any full-day gain since Dec 19, as Malaysia's benchmark index advanced.
The Edge Markets:
Share
KUALA LUMPUR (April 19): Shares in Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd have risen this morning, following optimism over mega infrastructure projects such as the East Coast Rail Link ...
The Star:
Share
KUALA LUMPUR: Shares of Evokest and Iskandar Waterfront City (IWC) rallied on Friday on news reports that the stalled Bandar Malaysia project could be revived very soon.
The Edge Markets:
Share
KUALA LUMPUR (April 19): Shares in Success Transformer Corp Bhd shot up to a six-month high of 89.5 sen in early trade today after CIMB Research initiated coverage on the stock with a favourable outlo...
The Edge Markets:
Share
KUALA LUMPUR (April 19): Shares in Seacera Group Bhd slid 2 sen or 5.97% in active trade this morning after the group's management said yesterday that it may default on loans if its proposed debt-to-e...
The Edge Markets:
Share
KUALA LUMPUR (April 19): Shares in Pentamaster Corp Bhd rose 2.17% at mid-morning today following a positive technical outlook on the stock.
The Edge Markets:
Share
KUALA LUMPUR (April 19): The FBM KLCI notched up limited gains at mid-morning today, tracking the modest rise at regional markets.
The Edge Markets:
Share
KUALA LUMPUR (April 19): The FBM KLCI erased its meagre gains and retreated this morning, weighed by select index-linked stocks including Public Bank Bhd and Axiata Group Bhd, while regional markets s...
The Star:
Share
SAO PAULO: Shares of Brazilian card payment processors Cielo SA, PagSeguro Digital Ltd and StoneCo Ltd fell sharply on Thursday after rival Itaú Unibanco Holding SA's card-processing unit cut interest rates for small- and medium-sized merchants.
The Edge Markets:
Share
KUALA LUMPUR (April 18): Peterlabs Holdings Bhd’s director Lau Kin Wai, who wants to revamp the board, has trimmed his stake in the company.
The Edge Markets:
Share
KUALA LUMPUR (April 18): UEM Sunrise Bhd has been served a notice of arbitraton by Ireka Corp Bhd’s unit, seeking a declaration sum of RM29.25 million in relation to disputes and differences arising...
EdgeProp.my:
Share
KUALA LUMPUR (April 18): Bintai Kinden Corp Bhd’s plan to jointly develop a Melaka project, with an estimated gross development value (GDV) of RM350 million, has been dropped following the lapse of ...
The Edge Markets:
Share
KUALA LUMPUR (April 18): Bintai Kinden Corp Bhd’s plan to jointly develop a Melaka project, with an estimated gross development value (GDV) of RM350 million, has been dropped following the lapse of ...
Malay Mail:
Share
NEW YORK, April 18 ― United Continental still expects to receive new Boeing 737 MAX planes in 2019 and does not expect a fight with the manufacturer over recovering costs from the planes' grounding,...
The Star:
Share
MUMBAI: Lessors to India’s Jet Airways Ltd have applied to deregister another four Boeing Co 737 planes, the Indian aviation regulator said on its website , even as the embattled carrier seeks emergency funding from its lenders.
The Edge Markets:
Share
KUALA LUMPUR (Apr 17): Guocoland (Malaysia) Bhd has sunk into its fourth straight quarter of losses, posting a net loss of RM6.96 million in its third financial quarter ended March 31, 2019 (3QFY19), ...
The Star:
Share
Meitu Inc, the Chinese firm best known for its selfie image-enhancing app, said on April 17 it is venturing into the offline skincare market as it attempts to offset the impact of dwindling app users and a money-losing smartphone business.
The Edge Markets:
Share
KUALA LUMPUR (April 17): Shares in Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd continue to decline in active trade today as investors took profit after last week's surge on positive construc...
The Star:
Share
KUALA LUMPUR: Shares of Malayan Banking Bhd (Maybank) fell to a low of RM9.01 on Wednesday in a knee-jerk reaction to news that Singapore's PUB would take over Hyflux's Tuaspring desalination plant in the island nation.
Malay Mail:
Share
WELLINGTON, April 17 — New Zealand Prime Minister Jacinda Ardern said today her coalition government would not proceed with a proposal for a capital gains tax (CGT) due to a lack of consensus and ru...
The Edge Markets:
Share
KUALA LUMPUR (April 17): Dialog Group Bhd shares fell 2.2 percent, more than any full-day drop since Jan 7 and about triple Malaysia's benchmark index.
EdgeProp.my:
Share
KUALA LUMPUR (April 17): Ikhmas Jaya Group Bhd has for the third time deferred the construction of its new prefabricated building system manufacturing facility in Teluk Panglima Garang, Selangor.
The Star:
Share
KUALA LUMPUR: Shares of Gadang Holdings Bhd rose on Wednesday morning after securing RM38.5mil contract to build bridge in Tun Razak Exchange Development (TRX).
The Star:
Share
SYDNEY: Japan's Nippon Paint Holdings Co Ltd has proposed buying Australia's biggest paint maker Dulux Group Ltd for A$3.8 billion (US$2.7 billion), expanding its global footprint though entering Australia just as a housing boom falters.
Malay Mail:
Share
SYDNEY, April 17 — Asian share markets got off to a guarded start today as investors waited anxiously for a raft of Chinese data that might show policy stimulus is finally gaining traction in the wo...
Malay Mail:
Share
LOS ANGELES, April 17 — Netflix Inc gave a weak forecast yesterday that unnerved investors just as Walt Disney Co and others prepare to escalate Hollywood's streaming video wars, although the compan...
The Star:
Share
BENGALURU: International Business Machines Corp reported a bigger-than-expected drop in quarterly revenue on Tuesday, an indication that its efforts to pivot to newer businesses such as cloud, analytics, software and services remained patchy at best.
Malay Mail:
Share
WASHINGTON, April 17 — The US Justice Department has told T-Mobile US Inc and Sprint Corp that it opposes their planned US$26 billion (RM106.9 billion) merger in its current form, a source familiar ...
The Edge Markets:
Share
KUALA LUMPUR (April 16): Ikhmas Jaya Group Bhd has for the third time deferred the construction of its new prefabricated building system manufacturing facility in Teluk Panglima Garang, Selangor.
Malay Mail:
Share
NEW YORK, April 16 — Bank of America reported higher first-quarter earnings on lower expenses and loan growth today, with executives describing US growth as still solid.
The Star:
Share
BENGALURU: Most Southeast Asian stock markets ended higher on Tuesday, with Indonesia leading the pack, as investors remained optimistic about a recovery in China's economy ahead of the country's first-quarter growth pace set to be released on Wednesday.
The Edge Markets:
Share
KUALA LUMPUR (April 16): Shares of DRB-Hicom Bhd rose as much as 3.9% today, buoyed by continued positive sentiment on the turnaround of its biggest loss-maker, the 50.1%-owned subsidiary Proton Holdi...
Malay Mail:
Share
BERLIN, April 16 — Shares in Lufthansa tumbled as markets opened today before rebounding, after Europe’s largest airline group blamed a steep first-quarter operating loss on rising fuel prices.
The Star:
Share
Shares of Spotify Technology SA fell 4% on April 15 after a report said Amazon.com Inc was in talks to launch a free ad-supported music service, which is expected to intensify competition for the music streaming leader.
The Star:
Share
KUALA LUMPUR: Shares in CB Industrial Product Holding Bhd (CBIP) rose marginally in early trade Tuesday after securing RM71mil palm oil mills job.
The Edge Markets:
Share
KUALA LUMPUR (April 16): Shares in Barakah Offshore Petroleum Bhd fell 5% this morning after its group president and CEO Nik Hamdan Daud resigned.
The Edge Markets:
Share
KUALA LUMPUR (April 16): Shares in Prestariang Bhd fell 7.55% in active trade this morning after it filed a legal claim of RM732.86 million against the Government over the termination of the National ...
The Edge Markets:
Share
KUALA LUMPUR (April 16): The FBM KLCI got off to a muted start this morning as regional markets stalled.
The Star:
Share
KUALA LUMPUR: Shares in Prestariang Bhd fell 11.32% in early trade Tuesday after filing a legal claim of RM732.86mil against the Government over the termination of the National Immigration Control System (SKIN) project.