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XiDeLang Holdings Ltd s (KLSE:XDL) Popularity With Investors Is Under Threat From Overpricing

With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Luxury industry in Malaysia, you could be.

Bursa opens lower over ongoing tensions in Ukraine

Bursa Malaysia opened slightly lower on Monday (Feb 21), tracking weaker performance on Wall Street as ongoing tensions in Ukraine continued to dominate market directions with all major indices slumping, a dealer said.

Bursa turns mixed in mid-morning

KUALA LUMPUR (March 1): Bursa Malaysia turned mixed in the mid-morning with the key index rising 0.25%, lifted by advances in heavyweights.  At 11.05am, the benchmark FBM KLCI had risen 4.44 points to 1,582.19 from 1,577.75 at last Friday’s closing. The key index opened 0.95 of a point higher at 1,578.70. Market breadth was negative with losers leading gainers 550 to 483, while 389 counters were unchanged, 721 untraded and 14 others suspended.   Total volume stood at 3.85 billion units worth RM2.27 billion. Among the heavyweights, IHH Healthcare Bhd jumped 24 sen to RM5.32, Public Bank Bhd and Malayan Banking Bhd (Maybank) advanced eight sen each to RM4.24 and RM8.11 respectively and Petronas Chemicals Group Bhd (PetChem) surged 17 sen to RM2.28, while Tenaga Nasional Bhd (TNB) soared 20 sen to RM10.30 and Press Metal Aluminium Holdings Bhd appreciated 11 sen to RM9.80. 

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