Malaysia consumer sector expected to remain robust
The consumer sector will continue its sturdy performance with resilient domestic demand and improvements in supply chain that will ease restocking activities.
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The consumer sector will continue its sturdy performance with resilient domestic demand and improvements in supply chain that will ease restocking activities.
KUALA LUMPUR (Dec 20): Here is a brief recap of some corporate announcements that made news on Tuesday (Dec 20), involving Scomi Group Bhd, UWC Bhd, Poh Kong Holdings Bhd, Opcom Holdings Bhd, PBA Holdings Bhd, JAKS Resources Bhd, TDM Bhd, GIIB Holdings Bhd, Citaglobal Bhd and Malaysia Airports Holdings Bhd (MAHB).
Theedgemarkets.com highlighted 10 stocks with momentum at Bursa Malaysia's afternoon close on Wednesday (Dec 21). Three stocks had positive momentum, while seven stocks showed negative momentum.
Bursa Malaysia retreated from its gains last week to open lower on Monday (Dec 19), due to cautious sentiments on the local bourse, taking its cue from the negative Wall Street performance last week, an analyst said. At 9.10am, the benchmark FBM KLCI had eased by 0.20% or 2.90 points to 1,475.64, from last Friday's closing at 1,478.54.
KUALA LUMPUR (Dec 19): The Malaysia Competition Commission (MyCC) has granted the units of Leong Hup International Bhd, PPB Group Bhd, and Malayan Flour Mills Bhd (MFM) the final extension to submit its representation in response to the alleged price-fixing of poultry feed case.