Banks to get OPR boost
Higher dividend payout likely with improved earnings
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KUALA LUMPUR, May 11 — MIDF Research has maintained its ‘positive’ rating on the plantation sector, with a crude palm oil (CPO) target price of RM4,300 per tonne for 2022. It believes that the CPO price will remain at elevated levels throughout the year, supported by higher prices of edibles...
KUALA LUMPUR, May 10 — MIDF Research has maintained the Industrial Production Index (IPI) growth forecast at 4.3 per cent this year, with production activities expected to continue expanding, as the manufacturing sector strengthened in April 2022 with Purchasing Managers’ Index (PMI) rising to...
KUALA LUMPUR: Foreign investors were net sellers on Bursa Malaysia in the holiday-shortened week ended May 6, 2022, with RM365.7mil net of equities sold.
KUALA LUMPUR, May 9 — Foreign investors were net sellers with net outflows of RM365.7 million for the week ended May 6, after being net buyers for a mere two weeks, said MIDF Amanah Investment Bank Bhd (MIDF Research). In its weekly Fund Flow Report today, the...