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KUALA LUMPUR (April 5): theedgemalaysia.com highlighted four stocks with positive momentum and two stocks with negative momentum at Bursa Malaysia's afternoon close on Friday.
The stocks with positive momentum were:
KSL Holdings Bhd — up 11 sen or 6.59% ...
A sizeable pool of Bursa Malaysia’s largest companies and known good dividend payers delivered bumper dividends to shareholders — including government-linked investment companies (GLICs) — on the back of improved financial performance in 2023. A majority gave higher dividends in FY2023 versus FY2...
KEDAH-based property developer Eupe Corp Bhd, which has total unbilled sales of RM720 million, is currently relying on its two ongoing projects in the Klang Valley — Est8 @ Seputeh in Kuala Lumpur and Helix2 @ PJ South in Petaling Jaya — as the company’s main money-spinners.
By next yea...
The Financial Markets Committee (FMC), at a meeting on Friday, concurred with the assessment that the ringgit at its current level is deemed undervalued, particularly as Malaysia’s economic fundamentals continue to be strong and the economic prospect is positive.
KUALA LUMPUR: Bank Negara Malaysia today said greater coordination between the central bank and the government has had an immediate impact on market flows and an increased market interest in buying ringgit. In a statement by BNM's Financial Markets ...
KUALA LUMPUR: The Financial Markets Committee (FMC) at Bank Negara concurred with the assessment that the current level of the ringgit is deemed undervalued, particularly as Malaysia's economic fundamentals remain strong, and the economic prospects are positive.