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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 11 July | SUNWAY Was the Top Gainer of FBM KLCI
SUNWAY was the top gainer, rising 4.33 percent to close at RM 4.100. The top loser was NESTLE, losing 1.55 percent to end at RM 120.800.
QL Resources Bonus Share Issuance Could Heighten Trading Volume
QL Resources Berhad has proposed a one-for-two bonus share issuance aimed at rewarding shareholders, according to MIDF Amanah Investment Bank reported today (July 11, Thursday).
QL Resources' Proposed Bonus Issue Looks Positive -- Market Talk
QL Resources' proposed one-for-two bonus issue as a reward to existing shareholders is a positive move, Public Investment Bank analyst Wong Ling Ling says in a note.
QL Shares Surge to Near Four-year High Following Planned Bonus Share Issue
Shares in QL Resources (KL:QL) surged to their highest in nearly four years, after the agroculture company proposed one-for-two bonus share issuance.
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