Business News
Johor Plantations posts 32.0% fall in 2Q net profit despite higher revenue
Johor Plantations Group Bhd’s net profit fell 32.0% year-on-year to RM51.2m for the second quarter ended June 30, 2026 (2QFY2026
Category: Stocks and Markets
Bursa Malaysia
Malaysian equities likely to trade cautiously as global sentiment weakens
Malaysian equities may trade cautiously amid weaker global markets and geopolitical risks, with investors advised to lock in gains selectively.
Eurozone
Eurozone investor morale strengthens beyond expectations
Eurozone investor sentiment strengthened in August, exceeding expectations as improving economic conditions and business confidence raised hopes for a gradual recovery.
Stocks and Markets
HE Group Experiencing A Solid Quarter
HE Group Berhad's 2QFY26 profit increased significantly, but 1HFY26 results fell short; expecting improvement in 2HFY26.
Stocks and Markets
Sports Toto: Earnings Lifted By IT-Related Contribution
Sports Toto's 4QFY26 profit rose 55% to RM62.5m, but forecasts are cut due to ongoing challenges.
Stocks and Markets
Powerwell Rally Narrows Upside
US indices fell as investors grew wary ahead of retail earnings and Iran-US developments. Europe also declined while Asia closed higher earlier.
Stocks and Markets
KERJAYA Raises ES Sunlogy Stake Above 31%
KERJAYA increases its ES Sunlogy stake to 31%, strengthening M&E and renewable-energy exposure while maintaining a manageable balance-sheet position.
Analyst Report
Malaysia Inflation Eases, but Cost Pressures Keep Risks Elevated
Malaysia’s inflation eased to 1.8% in July as transport costs moderated, but food, producer prices and supply risks keep the inflation outlook tilted upward.
Stocks and Markets
Global Markets Turn Cautious on Middle East Tensions
US indices fell as investors grew wary ahead of retail earnings and Iran-US developments. Europe also declined while Asia closed higher earlier.
Stocks and Markets
KLCI Faces Resistance Near 1,750 Level
Index closed at 1,725.89, above longer averages but weak near-term. Break below 1,720 risks deeper pullback toward 1,700 support.
Business News
KLCI Outlook Cautious Amid Geopolitical Risks
Immediate environment stays cautious, not bearish. Investors favour selective stock-picking in defensives, construction and tech while watching external risks closely.
Analyst Report
Feature Report: Expect 2Q GDP Growth at +5.9%yoy, Slightly Above Advance Estimate
We anticipate Malaysia’s economy to grow by +5.9%yoy in 2QCY26, slightly above the +5.8% advance estimate. Domestic demand should remain an important growth anchor,…
Bursa Malaysia
KLCI Consolidates as Investors Stay Cautious
KLCI faces profit taking as global inflation eases, but geopolitical tensions and elevated oil prices keep investors cautious.
Analyst Report
Malaysia Smelting: Earnings Surge (SMELT MK, Outperform, TP: RM3.10)
Malaysia Smelting Corporation Bhd (MSC) reported a more than two-fold YoY increase in 2QFY26 net profit to RM34.0m, mainly driven by higher average tin…
Analyst Report
Sunway REIT: Steady Performance (SREIT MK, Neutral, TP: RM2.35
Sunway REIT’s (SREIT) 2QFY26 realised net profit came in at RM106.5m (+10.3% YoY, -2.3% QoQ) which was slightly ahead of our estimates but largely…
Analyst Report
Kerjaya Prospek: Secures RM223m Building Contract in Johor (KPG MK, Outperform, TP: RM3.30)
Kerjaya Prospek Group (KPGB), through its wholly-owned subsidiary Kerjaya Prospek (M) Sdn Bhd, has accepted a RM223m fixed lump sum contract from Sunway Majestic…