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KUALA LUMPUR: Bursa Malaysia closed higher on Thursday supported by bottom-fishing activities on selected index heavyweights.At 5pm, FTSE Bursa Malaysia (FBM) KLCI was up 0.28 per cent or 4.34 points to 1,544.76 versus Wednesday's close of 1,540.42.The key index which opened ...
KUALA LUMPUR: Investors could take note of recent developments in PetChem, PetDag, United Plantations, Inari, AMMB, LPI, FGV, D&O, Takaful, Cahya Mata, Allianz and SKP, said APex Securities Research.
PETALING JAYA: LPI Capital Bhd says since the implementation of the phased liberalisation of Malaysia’s general insurance industry, there has been greater price competition which is likely to exert pressure on underwriting margins.
LPI Capital Bhd's net profit for the fourth quarter ended Dec 31, 2023 (4QFY2023) jumped 44% year-on-year (y-o-y) to RM78.6 million from RM54.6 million, primarily due to the absence of the one-off Cukai Makmur or prosperity tax that was imposed in FY2022.
KUALA LUMPUR: LPI Capital Bhd said since the implementation of the phased liberalisation of Malaysia’s general insurance industry, there has been greater price competition which is likely to exert pressure on underwriting margins.
KUALA LUMPUR: Bursa Malaysia stayed slightly positive at midday as regional markets fought to stay optimistic over Beijing's attempts to shore up the ailing economy.
The corporate earnings reporting season picks up steam this week with British American Tobacco (Malaysia) Bhd, LPI Capital Bhd, KLCCP Stapled Group, MNRB Holdings Bhd and Malaysia Marine & Heavy Engineering Holdings Bhd among the companies expected to release their financial results for the O...