Pelaburan Terjamin

Pelaburan Terjamin =

Trading ideas: Coastal, Citaglobal, Crest Builder, Magna Prima, FSBM, Tune Protect, IOIPG, SKP, MISC, TM, Apex Healthcar...
25/11/2025

Trading ideas: Coastal, Citaglobal, Crest Builder, Magna Prima, FSBM, Tune Protect, IOIPG, SKP, MISC, TM, Apex Healthcare, Well Chip, CMS

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Coastal Contract Bhd's JV company in Mexico, Coastoil Dynamic SA De CV has signed an addendum to its contract with Petroleos Mexicanos to extend the existing gas sweetening services contract up to the end of 2027, which is worth RM323.8mn.

Citaglobal Bhd’s wholly owned subsidiary, Citaglobal Property Development Sdn Bhd, entered into a joint venture agreement with Varia Crest Sdn Bhd to jointly undertake a mixed development with an estimated GDV of RM600.0mn.

Crest Builder Holdings Bhd’s wholly owned subsidiary, Crest Builder Sdn Bhd, secured a RM299.4mn LoA from Perdana Parkcity Sdn Bhd for the construction of an office tower with podium and retail spaces at Desa Parkcity.

FBM KLCI stays range-bound in absence of fresh catalystsKUALA LUMPUR: The FBM KLCI started the week on a slightly positi...
24/11/2025

FBM KLCI stays range-bound in absence of fresh catalysts

KUALA LUMPUR: The FBM KLCI started the week on a slightly positive footing following the previous week's strong selling pressure as investors' expectations of a US rate cut for December dimmed.

The benchmark index was up 2.57 points to 1,620.14, hovering above the 50-day simple moving average and suggesting the likelihood of sideways trading.

"Following last week's volatility, technical momentum and trend indicators

on the FBM KLCI remain muted, suggesting a range-bound trajectory in the near term.

FBM KLCI slightly lower as Asian peers plunge on tech sell-offKUALA LUMPUR: Asian markets started sharply lower as equit...
21/11/2025

FBM KLCI slightly lower as Asian peers plunge on tech sell-off

KUALA LUMPUR: Asian markets started sharply lower as equities prices tracked Wall Street's steep decline that saw the Nasdaq falling more than 2% in a tech sell-off.

This followed a US jobs report that poured cold water on the chances the US Federal Reserve will cut the interest rate in December.

Back home, the benchmark FBM KLCI showed resilience despite the widespread selling in global equities, losing just 1.24 points to 1,617.72 at the open even as tech shares dragged on regional markets.

Comparatively, Japan's Nikkei was down 2.07% to 48,780 and South Korea's Kopsi plunged 3.7% to 3,873. Australia's ASX200 fell 1.37% to 8,435.

Trading ideas: Public Bank, CelcomDigi, Kitacon, LSH Capital, Infomina, AWC, Keyfield, 99 Speed Mart, TH PlantationsKUAL...
18/11/2025

Trading ideas: Public Bank, CelcomDigi, Kitacon, LSH Capital, Infomina, AWC, Keyfield, 99 Speed Mart, TH Plantations

KUALA LUMPUR: Public Bank Bhd, CelcomDigi Bhd, Kumpulan Kitacon Bhd, Hibiscus Petroleum Bhd, Lim Seong Hai Capital Bhd (LSH Capital), Infomina Bhd, AWC Bhd, Keyfield International Bhd, 99 Speed Mart Retail Holdings Bhd and TH Plantations Bhd are among the stocks to watch on Tuesday.

Public Bank posted a net profit of RM1.84bil in the third quarter ended Sept 30, down from RM1.91bil a year ago, while quarterly revenue rose about 9% to RM7.4bil.

For the nine months to Sept 30, net profit was flat at RM5.35bil, with revenue up 9.62% to RM22bil.

Kumpulan Kitacon's wholly-owned subsidiary, Kitacon Sdn Bhd, has accepted RM60.805mil letter of award from Sime Darby Property (Lagong) Sdn Bhd for main building works at Taman Perdagangan Elmina in Rawang, Selangor.

Trading ideas: ARK Resources, Perak Corp, Tan Chong Motor, HI Mobility, CrescendoKUALA LUMPUR: Stocks to watch today inc...
17/11/2025

Trading ideas: ARK Resources, Perak Corp, Tan Chong Motor, HI Mobility, Crescendo

KUALA LUMPUR: Stocks to watch today include ARK Resources Holdings Bhd, Perak Corp Bhd, Tan Chong Motor Holdings Bhd, HI Mobility Bhd and Crescendo Corp Bhd.

ARK, through its wholly-owned subsidiary Ark Resources Bhd, has entered into a joint venture with Premium Flame Development Sdn Bhd to develop a 500-unit residential project on 9,472.8 sqm of land in Barat Daya, Mukim 10, Pulau Pinang, with a gross development value of about RM275mil and an estimated development cost of RM226mil.

Perak Corp has entered into a collaboration agreement with Megaconn Technologies Sdn Bhd (MTSB) to jointly procure and secure a concession award for the development and implementation of smart water meter initiative in Perak.

Tan Chong Motor Holdings Bhd said its sub-subsidiary Tan Chong Motor Assemblies Sdn Bhd (TCMA) had entered into a letter of intent with Perodua Sales Sdn Bhd with regards to services provided for a Perodua battery electric vehicle project.

Ringgit opens firmer for 10th session, ahead of 3Q GDPKUALA LUMPUR: The ringgit opened higher against the US dollar for ...
14/11/2025

Ringgit opens firmer for 10th session, ahead of 3Q GDP

KUALA LUMPUR: The ringgit opened higher against the US dollar for a 10th straight session this morning, extending its gains ahead of Malaysia’s third-quarter (3Q) 2025 gross domestic product (GDP) data, due this afternoon, an analyst said.

At 8 am, the ringgit strengthened to 4.1205/1335 against the US dollar, compared with Thursday’s close of 4.1260/1300.

The local currency moved over its 13-month high, last reached on Sept 30, 2024, when it closed at 4.1210.

IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said Bank Negara Malaysia’s 3Q economic report would serve as a key domestic catalyst.

FBM KLCI up slightly as consolidation pressures remainKUALA LUMPUR: Stocks bounced back slightly on Bursa Malaysia after...
13/11/2025

FBM KLCI up slightly as consolidation pressures remain

KUALA LUMPUR: Stocks bounced back slightly on Bursa Malaysia after the previous day's sell-off as investors awaited more concrete leads on earnings and interest rates.

According to TA Securities, the market remained in the grips of a consolidation phase amid a lack of domestic catalysts to spur buying activity.

However, it said in its outlook that stocks are expected to recover after private US data pointed to a weakening jobs market, which has bolstered expectations of another rate cut by the Federal Reserve in December.

At 9am, the FBM KLCI was up 2.18 points to 1,633.79 with some buying in bank counters.

Ringgit opens higher vs greenback on continued buying interestKUALA LUMPUR: The ringgit continued its momentum to open h...
11/11/2025

Ringgit opens higher vs greenback on continued buying interest

KUALA LUMPUR: The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.

At 8.01 am, the ringgit rose to 4.1540/1660 against the US dollar, compared with Monday’s close of 4.1555/1635.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid expects sentiment to continue today, which could result in the US dollar-ringgit pair lingering around RM4.15 and RM4.16 today.

He noted that the riskier assets, such as the equities market, rallied last night as talks of a possible end to the US government shutdown could materialise soon.

Shares rise on optimism over potential end to US government shutdownSINGAPORE: Global shares got a lift in Asia on Monda...
10/11/2025

Shares rise on optimism over potential end to US government shutdown

SINGAPORE: Global shares got a lift in Asia on Monday on optimism that an end to the historic U.S. government shutdown could be in sight, while the dollar was nursing losses from last week.

The U.S. Senate on Sunday moved toward a vote on reopening the federal government, a day after Senate Majority Leader John Thune said bipartisan talks in the chamber to end the shutdown have taken a positive turn.

The developments helped push Nasdaq futures up 0.8% while S&P 500 futures rose 0.5% in early trade.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5% and Japan's Nikkei rose 0.6%.

Ringgit opens steady vs greenback ahead of rate decisionsKUALA LUMPUR: The ringgit opened almost flat against the US dol...
05/11/2025

Ringgit opens steady vs greenback ahead of rate decisions

KUALA LUMPUR: The ringgit opened almost flat against the US dollar this morning as investors awaited lending rate decisions both domestically and in the United States.

Bank Negara Malaysia’s Monetary Policy Committee (MPC) is scheduled to announce its Overnight Policy Rate (OPR) decision tomorrow, while in the US, markets are looking ahead to the Federal Reserve (Fed)’s decision on the Federal Funds Rate (FFR) next month.

The narrowing gap between the two benchmark rates remains the main factor influencing the local note’s performance.

At 8 am, the ringgit stood at 4.1945/2050 against the US dollar, compared with Tuesday’s close of 4.1950/1985.

Ringgit rises as weaker US$ faces policy uncertaintiesKUALA LUMPUR: The ringgit opened higher against the US dollar and ...
04/11/2025

Ringgit rises as weaker US$ faces policy uncertainties

KUALA LUMPUR: The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.

At 8 am, the ringgit stood at 4.1900/2065 against the US dollar, compared with Monday’s close of 4.1980/2025.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US dollar-ringgit pair is expected to remain in a narrow range, hovering around the RM4.20 level today.

He said US Federal Reserve (Fed) Governor Lisa Cook acknowledged that the labour market is weakening but stopped short of giving rate guidance for the December meeting. Meanwhile, Fed Governor Stephen Miran, who voted for a 50-basis-point cut, described the current monetary policy stance as restrictive.

Ringgit opens near one-year high against US$ ahead of MPC meetingKUALA LUMPUR: The ringgit opened higher against the US ...
03/11/2025

Ringgit opens near one-year high against US$ ahead of MPC meeting

KUALA LUMPUR: The ringgit opened higher against the US dollar on the first trading day of November, nearing its one-year high, with traders anticipating an unchanged overnight policy rate (OPR) at 2.75 per cent.

At 8 am, the ringgit stood at 4.1795/2005 against the greenback, compared with last Friday’s close of 4.1860/1930.

The level was last seen on Oct 2, 2024, when the local note traded at RM4.1760.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is expected to maintain positive momentum ahead of the Bank Negara Malaysia’s monetary policy committee (MPC) decision on Nov 6.

"We expect the OPR to remain unchanged as the narrowing of interest rate differentials between the OPR and the developed countries’ policy rate is seen to be the key driver for the ringgit, especially when the BNM is anticipated to maintain their monetary stance in light of steady economic growth as well as benign inflation rate going forward,” he told Bernama.

Mohd Afzanizam further said that a strong commitment by the federal government to reduce the budget gap to 3.5 per cent of gross domestic product next year would be credit-positive, which would incentivise foreign investors to purchase government securities.

"Given that there is a lack of United States data due to the US government shutdown, traders would probably be looking at the domestic factors in order to form their opinion on the currency movement.

Address

Kuala Dungun

Website

Alerts

Be the first to know and let us send you an email when Pelaburan Terjamin posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Share