KUALA LUMPUR (April 14): Kenanga Investment Bank has initiated coverage on Well Chip Group Bhd (KL:WELLCHIP) with an 'outperform' call and a target price of RM2.00, implying a 53.8% upside from its current price of RM1.30.

KUALA LUMPUR (April 13): Malaysian plantation stocks outperformed on Monday, benefitting from strong palm oil demand and a rally in crude oil amid renewed US-Iran tensions.

KUALA LUMPUR: The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in the Middle East, said economists.

KUALA LUMPUR: Ringgit dijangka mengekalkan trajektori pengukuhan minggu depan dan berpotensi melepasi paras 3.95 dalam keadaan sentimen pelabur yang optimis namun kekal berhati-hati terhadap perkembangan di Asia Barat.

KUALA LUMPUR: The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in West Asia, said economists.

Kenanga Investment Bank Bhd (Kenanga IB) maintained its 2026 distributive trade forecast at 6.1%, though downside risks from the ongoing energy crisis may warrant a downward revision.

KUALA LUMPUR: Kenanga Investment Bank Bhd (Kenanga IB) believes trading momentum in Bursa Malaysia Bhd could remain supportive in the near term before gradually shifting towards recovery-driven investment themes following the stronger first quarter of 2026 (Q1) average daily value (ADV).

Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector's growth to remain steady in 2026, benefiting from booming eCommerce, supported by the global tech upcycle led by artificial intelligence data centre demand, a resilient US economy, and potential trade diversion amid US-China trade tensions.

New data centre projects may still stand a chance in Malaysia, even as energy prices rise with the protracted Middle East conflict, helping to keep construction firms busy, analysts said.

KUALA LUMPUR: Pasaran pertukaran mata wang asing dijangka kekal dalam sentimen berhati-hati minggu depan, termasuk kemungkinan ringgit dalam julat RM4.00 hingga RM4.05 berbanding dolar Amerika Syarikat (AS) susulan perang di Iran yang masuk minggu kelima.

KUALA LUMPUR: The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.

KUALA LUMPUR: The foreign exchange market is expected to remain cautious next week, with the ringgit likely to oscillate around 4.00 to 4.05 against the US dollar amid ongoing uncertainties over the war in Iran, which has entered its fifth week.

Kuala Lumpur: Tekanan ekonomi susulan konflik Asia Barat dijangka dapat dikurangkan melalui sokongan fiskal, antaranya Sumbangan Tunai Rahmah (STR) dan Sumbangan Asas Rahmah (SARA), ringgit yang lebih kukuh, serta ketahanan perbelanjaan dalam sektor makanan dan minuman, kata Kenanga Investment Bank ...

A new contract proves that IJM Corporation Bhd (KL:IJM) could hold its own in the construction industry amid a takeover offer by a larger peer, analysts said.

KUALA LUMPUR: IJM Corporation Bhd (IJM Corp) is expected to have a strong chance of securing a subsequent mechanical and electrical (M&E) package after its RM658 million hyperscale data centre contract win in Elmina Business Park, said Kenanga Investment Bank Bhd (Kenanga IB).

United Malacca Bhd (KL:UMCCA) may end its financial year with a surge in earnings thanks to stronger palm oil prices, analysts said following a set of results that beat estimates.

Kenanga Investment Bank Bhd has initiated coverage on Al-Aqar Healthcare REIT (KL:ALAQAR) with an 'outperform' call for its recession-proof portfolio, steady distribution per unit projections and decent visibility on sponsor-led assets injection pipeline.

Hibiscus Petroleum Bhd Target price: RM2.60 BUY

KUALA LUMPUR: The ringgit is expected to trade around the four level against the US dollar this week, as expectations of a prolonged West Asia conflict weigh on the currency.