[ad_1] KUALA LUMPUR: Foreign investors maintained their net buying stance on Bursa Malaysia for the second consecutive week, which saw a net inflow of RM676.7mil for the week ended Oct…
Tag: MIDF
MIDF Research expects Malaysia’s GDP growth to improve to 4.7% in 2024
[ad_1] KUALA LUMPUR: MIDF Research expects Malaysia’s gross domestic product (GDP) growth rate to improve to 4.7 per cent in 2024, supported by the recovery in external trade and sustained…
IHH to continue on recovery path
[ad_1] KUALA LUMPUR: IHH Healthcare Bhd‘s nine-month results were below market forecasts despite an improved topline, as weak profits in its Singapore and Turkiye operations weighed on earnings. On a…
Foreign funds continue to pick up Malaysian equities
[ad_1] KUALA LUMPUR: The inflow of foreign funds into Bursa Malaysia continued for a fourth straight week to the tune of RM382.8mil, significantly higher than a net inflow of RM172.4mil…
Bursa Malaysia’s net foreign inflow continues for third consecutive week
[ad_1] KUALA LUMPUR: Foreign investors remained net buyers of local equities for a third straight week, although the pace slowed to RM172.4mil from RM676.7mil in the previous week. During the…
MIDF Research foresees construction sector to continue growth in 4Q
[ad_1] KUALA LUMPUR: The Malaysian construction sector is expected to continue registering strong growth in the fourth quarter of 2023 (Q4CY23), underpinned by the government’s expansionary fiscal spending and further…
Swift doubles net profit in 3Q on one-off gains
[ad_1] PETALING JAYA: Swift Haulage Bhd’s encouraging quarterly results may have excited some investor, but analysts have a different view. The company more than doubled its net profit to RM28.39mil…
MIDF retains Malaysia’s 2023 GDP growth forecast at 4.2%
[ad_1] KUALA LUMPUR: MIDF Research has reiterated its forecast that Malaysia’s gross domestic product (GDP) will grow 4.2% in 2023 before picking up to 4.7% next year following the narrower…
Foreign investors bring RM550.9mil into Bursa Malaysia, highest in 8 weeks
[ad_1] KUALA LUMPUR: Foreign investors continued to net buy on Bursa Malaysia at RM550.9mil last week, which was 2.3 times higher than RM235.1mil recorded in the week prior. “It was…
EcoWorld Malaysia opens on a slight lead after results announcement
[ad_1] KUALA LUMPUR: The trading stock of Eco World Development Group Bhd (EcoWorld) opened one sen higher at RM1.11 a share on Friday following the release of its third-quarter earnings.…