FBM KLCI falls on Middle East tensions; energy sector favoured, corporate updates include Sunway’s failed takeover and Reneuco’s delisting risk.
MALAKOF is expected to recover, with potential price increases if it surpasses RM0.880; failure to hold RM0.790 signals weakness.
Wall Street closed higher as traders bet on easing US-Iran conflict; Brent crude stays elevated, FBM KLCI retreats.
Kerjaya Prospek wins RM98.8m Seremban hospital job, boosting order book to RM4.3bn with strong earnings visibility.
Trump’s war update drives Brent crude to USD109; strategic buy positions in oil and commodity stocks gain fundamental support.
YTL POWER (BUY Maintained, TP:RM3.72) Data centres are gaining traction
Public Investment Bank values MTT Shipping and Logistics Berhad at RM1.23, citing a 10x PER due to its market position…
VS Industry Bhd faces substantial losses in the Philippines due to supply chain disruptions and geopolitical tensions, revising forecasts downward.
Bursa Malaysia gains as easing geopolitical tensions lift Asian markets.
Malaysia’s PMI hits 50.7, signaling growth; rising costs, weaker demand and energy shocks weigh on near‑term manufacturing outlook.
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