Kenanga Investment Bank Bhd (Kenanga IB) has raised its financial year 2025 (FY2025) net profit forecast for Bintulu Port Holdings Bhd by 14 per cent on "stronger prospects" of a hike in tariffs for the port.
It also lifted the port operator's target price by 6 per cent to RM5.90 from RM5.55 and maintained its "market perform" call.
The research firm said the increase in FY2025 net profit was made based...

Good morning mooers! Here are things you need to know about today's market:
●U.S. stock indexes changed a little after Friday's shortened post-Thanksgiving session
●Malaysia posts 1.8% inflation in October, lowest since April 2021
●Stocks to watch: TNB, Sime Darby Plantation, Malakoff
-moomoo News MY
Wall Street Summary
U.S. stock indexes changed a little after last Friday's shortened p...

Good morning mooers! Here are things you need to know about today's market:
●U.S. stocks fell, extending August declines spurred in part by higher yields.
●Palm planters hit by weak demand
●Vehicle sales rise 28% year-on-year in July
●More developers to launch new projects in H2
●Stocks to watch: Bintulu Port
-moomoo News MY
Wall Street Summary
Federal Reserve officials still see inflation risks and the potential need for higher interest rates, a...