Rakuten Trade

Bursa Malaysia snaps 4-day losing streak to end higher

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[ KUALA LUMPUR: Bursa Malaysia snapped four consecutive days of losses to end higher today as bargain hunting emerged following the recent sell-off, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.42 points, or 0.35 per cent, to 1,540.42 from Tuesday’s close of 1,535.0. The benchmark index, which opened … Read more

Trading ideas: Bermaz Auto, CTOS, Eversendai, LSK and Reservoir Link Energy

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[ KUALA LUMPUR: Companies that made the headlines include Bermaz Auto, CTOS, Eversendai, LSK and Reservoir Link Energy, said Rakuten Trade in its daily market report. Bermaz Auto, which mainly assembles Mazda-branded vehicles, reported its 3QFY10/24 net profit fell 19.23% YoY to RM70.5m compared with RM87.29m dragged by lower sales. Retirement Fund Inc (KWAP) emerged … Read more