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Thematic plays to rule market in second half - Vimarsana News

Thematic plays to rule market in second half

. “The upcoming results season is expected to usher in re-rating catalysts in the form of strong quarter on quarter earnings growth or fat dividends for all of these stocks except Sunway, ” UOB added. has been a significant laggard and should appeal to longer-term investors. Meanwhile, in its report to clients yesterday, Hong Leong Investment Bank Research (HLIB Research) said on the whole, the Permai stimulus which was announced on Monday, “seems to be largely targeted at both the rakyat and SMEs that have been hit by the negative ramifications of Covid-19.” “From a market perspec...

MGS, MGII lead bond foreign inflow for 7th straight month | Daily Express Online - Vimarsana News

MGS, MGII lead bond foreign inflow for 7th straight month | Daily Express Online

Published on: Saturday, December 19, 2020 By: Bernama Text Size: Kuala Lumpur: The Malaysian bond market charted its seventh consecutive month of net foreign inflow in November at RM1.9 billion, led by Malaysian Government Securities (MGS) and Malaysian Government Investment Issues (MGII) at RM2.7 billion. RAM Ratings Services Bhd in a statement Friday said that the sturdy foreign appetite lifted the year-to-date inflow to RM14.8 billion as of end-November 2020, 25 per cent higher than the corresponding period in the previous year. “Foreign holdings as a percentage of total bonds outstandin...

Malaysian bond market sees seventh straight month of net foreign inflow in Nov | Daily Express Online - Vimarsana News

Malaysian bond market sees seventh straight month of net foreign inflow in Nov | Daily Express Online

Published on: Saturday, December 19, 2020 By: Bernama Text Size: Kuala Lumpur: The Malaysian bond market charted its seventh consecutive month of net foreign inflow in November at RM1.9 billion, led by Malaysian Government Securities (MGS) and Malaysian Government Investment Issues (MGII) at RM2.7 billion. RAM Ratings Services Bhd in a statement Friday said that the sturdy foreign appetite lifted the year-to-date inflow to RM14.8 billion as of end-November 2020, 25 per cent higher than the corresponding period in the previous year. “Foreign holdings as a percentage of total bonds outstandin...

Newsbreak: SPAN approves Air Selangor's RM35.4 bil capex - Vimarsana News

Newsbreak: SPAN approves Air Selangor's RM35.4 bil capex

SURUHANJAYA Perkhidmatan Air Negara (SPAN) is understood to have approved Air Selangor Sdn Bhd’s business plan, which entails the state-controlled entity undertaking a capital expenditure of RM35.4 billion over the next 30 years. It is understood that the business plan, which was submitted to SPAN in December last year, had to be revised recently in October to account for the Covid-19 pandemic, and was approved on Nov 13. Details of the revision, however, are not known. Some aspects of the capex are understood to have commenced in January this year, prior to SPAN’s approval. SPAN is the r...

MyEG falls after proposing new share placement - Vimarsana News

MyEG falls after proposing new share placement

KUALA LUMPUR (Dec 10): MyEG Services Bhd's share price fell more than 4% in morning trade on Bursa Malaysia today after the e-government services provider announced yesterday its proposed placement of up to 220 million (220,000,000) new shares to raise funds to finance, among others, the company’s purchase of fixed assets and related solutions for its e-government concession. At 9.07am today, MyEG’s share price was nine sen or 4.59% lower at RM1.87 as investors weighed the prospect of earnings per share (EPS) dilution for the company as a result of an increase in the number of its share...