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KLCI ekes out limited gains as sentiment turns tepid


KUALA LUMPUR (Feb 10): The main index at Bursa Malaysia eked out limited gains at the midday break today as investor sentiment turned tepid.
At 12.30pm, the FBM KLCI was up 1.05 points at 1,587.18. The index had earlier risen to a high of 1,592.27.
Losers led gainers by 443 to 274, while 731 counters traded unchanged. Trading volume was 2.97 billion shares valued at RM1.83 billion.
The gainers included Ann Joo Resources Bhd, Hartalega Holdings Bhd, Cymao Holdings Bhd, Euro Holdings Bhd, Widetech (M) Bhd, Aeon Credit Service (M) Bhd and Paragon Union Bhd.
The actively traded stocks included Dagang NeXchange Bhd, AirAsia X Bhd, EA Holdings Bhd, Velesto Energy Bhd, Iris Corp Bhd, Lion Industries Bhd, Opcom Holdings Bhd, AirAsia Group Bhd, Yong Tai Bhd and Foundpac Group Bhd. ....

Kuala Lumpur , United States , Nestlem Bhd , Mesiniaga Bhd , Airasiax Bhd , Widetechm Bhd , Yong Tai Bhd , Vstecs Bhd , Dagang Nexchange Bhd , Cymao Holdings Bhd , Ea Holdings Bhd , Opcom Holdings Bhd , Hartalega Holdings Bhd , My Eg Services Bhd , Foundpac Group Bhd , Holdings Bhd , Lion Industries Bhd , Iris Corp Bhd , Paragon Union Bhd , Health Ministry , Aeon Credit Servicem Bhd , Malaysia National Immunisation Plan , Airasia Group Bhd , Velesto Energy Bhd , Hong Leong Ib Research , Bursa Malaysia ,

Eng Kah, Eupe, Globaltech Formation, Malaysia Smelting Corp, Multi-Usage, Paragon Union, Rhone Ma, Sarawak Consolidated Industries, Scicom


The stocks with negative momentum were:
Eng Kah Corp Bhd up five sen at RM1.97
Eupe Corp Bhd up five sen at 94 sen
Globaltech Formation Bhd up six sen at 51 sen
Malaysia Smelting Corp Bhd up 16 sen at RM1.74
Multi-Usage Holdings Bhd up three sen at 65.5 sen
Paragon Union bhd up 23 sen at RM1.20
Rhone Ma Holdings Bhd up 2.5 sen at 87.5 sen
Sarawak Consolidated Industries Bhd up five sen at RM2.19
Scicom (MSC) Bhd down 1.5 sen at 98.5 sen
The list of stocks with momentum is generated using a proprietary mathematical algorithm highlighting stocks with a build-up in trading volume and price. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum. ....

Kuala Lumpur , Eupe Corp Bhd , Usage Holdings Bhd , Rhone Ma Holdings Bhd , Paragon Union , Sarawak Consolidated Industries Bhd , Malaysia Smelting Corp Bhd , Eng Kah Corp Bhd , Bursa Malaysia , Kah Corp Bhd , Corp Bhd , Formation Bhd , Smelting Corp Bhd , Consolidated Industries Bhd , குவாலா லம்பூர் , பயன்பாடு ஹோல்டிங்ஸ் ப்ட் , ரோன் மா ஹோல்டிங்ஸ் ப்ட் , பாராகான் தொழிற்சங்கம் , சரவாக் தொகுக்கப்பட்டு தொழில்கள் ப்ட் , மலேசியா கரைத்தல் கார்ப் ப்ட் , எஂக் கா கார்ப் ப்ட் , கா கார்ப் ப்ட் , கார்ப் ப்ட் , உருவாக்கம் ப்ட் , கரைத்தல் கார்ப் ப்ட் , தொகுக்கப்பட்டு தொழில்கள் ப்ட் ,

Hartalega, IGB REIT, Bioalpha, Key ASIC, KNM, Sunsuria, Kerjaya Prospek Property, Bintai Kinden, Ge-Shen, Awantec, Paragon Union, Censof, DNeX


KUALA LUMPUR (Jan 25): Based on corporate announcements and news flow today, stocks that may be in focus on Tuesday (Jan 26) include Hartalega Holdings Bhd, IGB Real Estate Investment Trust, Bioalpha Holdings Bhd, Key ASIC Bhd, KNM Group Bhd, Sunsuria Bhd, Kerjaya Prospek Property Bhd, Bintai Kinden Corp Bhd, Ge-Shen Corp Bhd, AwanBiru Technology Bhd, Paragon Union Bhd, Censof Holdings Bhd and Dagang NeXchange Bhd.
Hartalega Holdings Bhd announced its net profit for the third quarter ended Dec 31, 2020 (3QFY21) leapt to a record high of RM1 billion, up nearly 84% against RM544.96 million in the preceding quarter, 2QFY21. Its revenue grew by 58.2% to RM2.13 billion quarter-on-quarter against RM1.35 billion in 2QFY21. The brisk glove sales boosted Hartalega s cash pile to RM2.14 billion. Quarterly earnings per share (EPS) ballooned to 29.31 sen, from 15.95 sen in the preceding quarter. This brings the cumulative EPS to 51.68 sen, from 9.49 sen. Hartalega declared a second interi ....

Kuala Lumpur , Malaysia General , United States , Johor Bahru , Pakatan Harapan , Dagang Nexchange Bhd Dne , Koon Hoi Chun , Samudera Mbiantu Sesami , Bintai Kinden , Dagang Nexchange Bhd , Sdn Bhd , Sunsuria Bhd , Kerjaya Prospek , Desa Cemerlang , Censof Holdings Bhd , Asian Business Software Solutions Pte Ltd , Real Estate Investment Trust , Hong Leong Investment Bank Bhd , Sunsuria Group , International Equities Corp Ltd , Group Bhd Italian , Hartalega Holdings Bhd , Awanbiru Technology Bhd , Group Bhd , Ministry Of Health Mo , Bioalpha Holdings Bhd ,

Paragon Union pares gains after hitting limit up at record high


KUALA LUMPUR (Jan 25): Paragon Union Bhd s share price pared gains in afternoon trades today after rising 30 sen or 30.93% to hit limit up at its record high of RM1.27 as investors weighed news on the emergence of AKK Capital Sdn Bhd, which is owned by Koon Hoi Chun, as a new controlling shareholder of carpet manufacturer Paragon Union.
On Bursa Malaysia, Paragon Union s share price pared gains at RM1.17 at 3.10pm after rising to RM1.27 this morning on news that Koon via AKK is buying a 60.41% stake in Paragon Union from major shareholders in an off-market deal which led to a planned unconditional mandatory takeover offer from the buyer to acquire the remaining shares in Paragon Union at 55 sen each. ....

Kuala Lumpur , Sdn Bhd , Koon Hoi Chun , Hong Leong Investment Bank Bhd , Paragon Union Bursa , Paragon Union , Paragon Union Bhd , Bursa Malaysia , குவாலா லம்பூர் , ஸ்டன் ப்ட் , கூன் ஹோய் சுன் , ஹாங் லியோங் முதலீடு வங்கி ப்ட் , பாராகான் தொழிற்சங்கம் , பாராகான் தொழிற்சங்கம் ப்ட் ,