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theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Thursday. Five showed positive momentum, while another two showed negative momentum.
KUALA LUMPUR: Bursa Malaysia meneruskan momentum positif apabila ditutup lebih tinggi hari ini, sejajar dengan prestasi pasaran serantau berikutan aktiviti belian saham pada harga rendah di pasaran meluas.
Uchi Technologies Bhd is expected to face potential headwinds such as rising macroeconomic uncertainties in core markets, demand-side risks, external cost pressures, and higher electricity tariffs in the second half of 2025 (2H25).
The ringgit's rally in recent weeks will benefit businesses that import a lot and have large US dollar debt exposure, while those with large US dollar sales exposure are likely to face profit headwinds.
THE financial year ended 2024 was a great year for investors, as many Malaysian corporates paid out higher dividends, as well as special dividends, proving that not just big-cap blue chips can afford to give generous dividends.
Many agree that the higher dividends are largely att...
OPTIMISM that recently announced US tariffs will be implemented in a more gradual manner gave some support last week to data centre and artificial intelligence (AI) linked stocks on Bursa Malaysia following a bout of heavy selling after former US president Joe Biden announced AI chip export curbs on Jan 13.
Original design manufacturer Uchi Technologies Bhd (KL:UCHITEC) said its second-quarter net profit grew 13.38% to RM32.17 million from RM28.37 million a year earlier, driven by the US dollar's appreciation against the ringgit.
KUALA LUMPUR (July 12): CGS International maintained its “neutral” rating on the technology sector, following a Penang visit revealing that the tech companies are steadily ramping up production in high growth areas.
CGS International has upgraded the Malaysian technology sector to "neutral" as earnings risks reduce on improving industry outlook and the introduction of the National Semiconductor Strategy (NSS).