KUALA LUMPUR: Analysts are revising their projections for Sime Darby Bhd following its takeover of UMW Holdings Bhd, which has been suspended from trading on Bursa Malaysia effective today.
KUALA LUMPUR: Following the previous day's rally, the benchmark FBM KLCI is expected to consolidate as the corporate results period comes to a close ahead of the Merdeka Day holiday.
KUALA LUMPUR: Malaysia's blue chips could stay range-bound pending firmer leads on infrastructure projects or policy announcements following the recent run-up in property and construction stocks.
KUALA LUMPUR: The sell-off on Wall Street overnight is expected to weigh on Bursa Malaysia as investors look ahead to US Fed chair Jerome Powell's comments later tonight as well as the final days of the corporate results period.