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These Return Metrics Don't Make Genting Singapore (SGX:G13) Look Too Strong
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 16 July | MRDIY Was the Top Gainer of FBM KLCI
MRDIY was the top gainer, rising 5.61 percent to close at RM 2.070. The top loser was SIME, losing 3.25 percent to end at RM 2.680.
Malaysia Shares Edge Higher Amid Wall Street's Gains -- Market Talk
Malaysia's benchmark Kuala Lumpur Composite Index is 0.1% higher at 1630.85, tracking Wall Street's overnight gains.
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.
Genting's Target Price May Be Raised on TauRx Bet, Says Maybank IB
Maybank Investment Bank (IB) expressed "last calls for bets" in a note on Monday for Genting Bhd (KL:GENTING), whose sum-of-parts (SOP)-based target price (TP) may be raised to RM9.35, if its 20%-owned TauRx Pharmaceuticals ends up getting valued at US$15 billion (RM70.11 billion).
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