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KUALA LUMPUR: An air of uncertainty remains on the domestic market following two days of recovery as the tensions in the Middle East subside and investors digest the latest developments in the US economy.
The combined fortune of Malaysia’s top 50 wealthiest families and individuals increased by 2% to US$83.4bil for the year amid a weaker ringgit, according to Forbes Asia.
The upcoming targeted subsidy scheme is likely to have a positive impact on the downstream oil and gas sector in Malaysia, while the logistics and power utility sectors will likely see limited or a neutral impact on their operations.
KUALA LUMPUR: Maybank Investment Bank (Maybank IB) has adjusted downward QL Resources Group's earnings estimates for its fiscal year 2024 (FY24E) by 4.0 percent. This revision is attributed to short-term challenges faced by the company in its CVS sales and ...
With its new surimi processing plant in Indonesia opening soon, the outlook for QL Resources Bhd’s marine products manufacturing business segment remains positive in the medium term, says Maybank IB Research.
PETALING JAYA: Robust 2023 earnings have been pushing poultry-related stocks – with some counters having experienced a “mini bull run” on Bursa Malaysia especially since the beginning of the year.