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Bursa extends loss on profit-taking despite positive momentum in regional markets

Bursa Malaysia extended Monday's (Jan 16) losses to open lower on Tuesday, driven by continued profit-taking against selected heavyweights, despite the positive momentum in regional markets, dealers said.

Revenue, PLS Plantations, Binasat Communications, KAB, Suria Capital, BHIC, Wellspire, GIIB, Saudee and K Seng Seng

Here is a brief recap of some corporate announcements that made the news on Monday (Jan 16). They involved Revenue Group Bhd, PLS Plantations Bhd, Binasat Communications Bhd, Kejuruteraan Asastera Bhd, Suria Capital Holdings Bhd, Boustead Heavy Industries Corp Bhd, Wellspire Holdings Bhd, GIIB Holdings Bhd, Saudee Group Bhd and K Seng Seng Corp Bhd.

Trading ideas: Revenue Group Berjaya Coep, Comintel, Pan Malaysia, Yong Tai and CSH Alliance

KUALA LUMPUR: Stocks in focus on Monday include Revenue Group, Berjaya Corp, Comintel, Pan Malaysia, Yong Tai and CSH Alliance, said Apex Research.

BCorp, Allianz Malaysia, Comintel, Revenue Group, Pan Malaysia, Yong Tai, Classita, Bintai Kinden, Serba Dinamik, CSH Alliance, Star Media and Top Glove

Here is a brief recap of some corporate announcements that made the news on Friday (Jan 6) involving Berjaya Corp Bhd, Allianz Malaysia Bhd, Comintel Corporation Bhd, Revenue Group Bhd, Pan Malaysia Holdings Bhd, Yong Tai Bhd, Classita Holdings Bhd, Bintai Kinden Corp Bhd, Serba Dinamik Holdings Bhd, CSH Alliance Bhd, Star Media Group Bhd and Top Glove Corporation Bhd.

Bursa on downtrend at midday

Bursa Malaysia remained on a downtrend at midday on Friday (Jan 6), amid profit-taking activities after Thursday's strong rally. At lunchbreak, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 5.23 points to 1,475.7 from Thursday's close of 1,480.93.

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