Page 35 - Analyst Reports News Today

KUALA LUMPUR: Having secured the distributorship for BYD vehicles in Malaysia, Sime Darby Bhd has strengthened its lead as the company with the most comprehensive electric vehicle (EV) offerings in the country.

KUALA LUMPUR: Astro Malaysia Holdings Bhd’s second quarter ended July 31 (2Q23) earnings missed expectations, which has led to analysts cutting estimates for the financial year 2023-2023 (FY23-24).

KUALA LUMPUR: Stocks in focus on Wednesday include Nestco, Top Glove, SCIB, Citaglobal, TVuriya and SKP Resources, said Apex Research.

KUALA LUMPUR: Stocks that are expected to see trading interest on Tuesday include T7 Global, Opcom, Reservoir Link Energy, Yinson and EP Manufacturing, said Apex Research.

KUALA LUMPUR: TA Securities Research opines that Budget 2023 will be a non-event for the gaming sector.

KUALA LUMPUR: Bank Negara Malaysia (BNM) is likely to continue its monetary tightening bias until at least the first quarter of 2023, supported by the improvement in the Malaysian labour market and the country’s robust economic recovery, said Kenanga Investment Bank Bhd (Kenanga).

KUALA LUMPUR: Stocks in focus on Tuesday according to JF Apex Research include Kelington, Inta Bina, JAG, Sapura Energy, Leong Hup International, South Malaysia Industries and Reneuco.

KUALA LUMPUR: The earnings growth of Asia-Pacific (APAC) emerging market (EM) companies is set to outperform that of developed market (DM) companies, Moody's Investors Service said.

KUALA LUMPUR: Investors should remain cautious moving forward despite the better-than-expected performance of companies in the second quarter of the year, as the market is expected to stay defensive, says CGS-CIMB Research.

KUALA LUMPUR: Public Investment Bank Bhd has maintained its ‘neutral’ call on Sime Darby Plantation Bhd (SDP) with an unchanged target price of RM4.80 after SDP recorded an improved financial performance for the first half of 2022 (1H 2022) ended June 30, 2022.