FBM KLCI Extends Rebound but Weak Breadth Tests Conviction
The FBM KLCI extended its rebound after Budget 2027, but weak breadth and foreign selling show that gains remain narrowly concentrated.
Trusted Insights. Asian Perspective.
The FBM KLCI extended its rebound after Budget 2027, but weak breadth and foreign selling show that gains remain narrowly concentrated.
Jati Tinggi says market volatility has not materially changed its operations, pointing to a RM1.1 billion order book and its focus on power infrastructure delivery.
LFG has bought the Japanese-built LFG Cengal for US$23 million, bringing its ultramax fleet to three vessels as it expands its dry bulk shipping business.
Century Software has secured a two-year SKM financial management system contract, including a RM3.7 million subscription component before service tax.
Bank gains kept the FBM KLCI slightly higher, but a technology rout and heavily negative breadth showed that Malaysian market confidence remained narrow.
Deleum's proposed RM13 million disposal of its technology-solutions stake to Ocean Vantage highlights portfolio strategy and execution risk.
: Genting’s shares fell 15.97%, prompting a Bursa intraday short-selling suspension as investors assessed a RM1.25 billion rights issue and planned debt repayment.
Reports of potential government support have intensified scrutiny of AirAsia's liquidity, refinancing plans and exposure to sharply higher jet fuel costs.
PMB Technology is planning a RM650 million silicon-aluminium alloy plant as it confronts losses and weak conventional silicon economics.
Unisem's proposed Gopeng expansion targets advanced packaging demand, while utilisation and financing remain decisive for returns.