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Malaysia's Benchmark KLCI Likely to Test 1730 by End-2024
Malaysia's benchmark Kuala Lumpur Composite Index is likely to hit 1730 by end-2024, up from 1660 previously expected, supported by a P/E ratio of 16.5 times and projected earnings growth of 16%, says Kenny Yee, Rakuten Trade's head of research.
Malaysia Closing Bell on 15 July | AXIATA Was the Top Gainer of FBM KLCI
AXIATA was the top gainer, rising 3.27 percent to close at RM 2.530. The top loser was PCHEM, losing 0.82 percent to end at RM 6.060.
Malaysia Closing Bell on 12 July | SIME Was the Top Gainer of FBM KLCI
SIME was the top gainer, rising 1.48 percent to close at RM 2.750. The top loser was YTLPOWR, losing 3.88 percent to end at RM 4.950.
RHB BANK ADAPTS TO DIGITAL AGE WITH ONLINE AND OPEN BANKING INITIATIVES
KUALA LUMPUR, July 12 (Bernama) -- RHB Bank Bhd is embracing digitaIl transformation by supplementing its traditional sales and branch distribution models with digital online acquisition and open banking partnerships.
Malaysia Closing Bell on 10 July | TM Was the Top Gainer of FBM KLCI
TM was the top gainer, rising 1.76 percent to close at RM 6.940. The top loser was AXIATA, losing 1.97 percent to end at RM 2.490.
Triple Digit Revenue Expected From OCK In Next 2 Years
OCK Group maintained its BUY recommendation from RHB Investment Bank (RHB), with an upgraded target price of RM0.82, indicating a potential upside of 33% alongside a projected 2% yield for FY24.
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