KLCI slides on trade fears, Nestle snaps four days of gains

14 Mar 2018 - The Star Online
KUALA LUMPUR: The local benchmark index pulled was weighed down by Nestle, which pulled back after four consecutive sessions of gains. At 12.30pm, stocks on the FBM KLCI dropped 6.20 points to 1,857.83 points amid a broader dip in Asian markets as US President Donald Trump fired his Secretary of State ...
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Consumer stocks top performers, Nestle, F&N record highs

13 Mar 2018 - The Star Online
KUALA LUMPUR: Consumer stocks continued their strong performance on Tuesday, with Nestle – which is part of the FBM KLCI – surging to fresh record high, and other stocks riding on the bullish sentiment. At 5pm, the KLCI was up 2.81 points or 0.15% to 1,864.03. Turnover was steady at 2.29 billion shares ...
klse:4707

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Blue chips steady early Tuesday as Public Bank, Sime Plantation advance

13 Mar 2018 - The Star Online
KUALA LUMPUR: Blue chips managed to snap back from the early profit taking on Tuesday on fund buying of Nestle, Public Bank and Sime Plantation. At 9.20am, the FBM KLCI was down 1.18 points or 0.06% to 1,860.04. Turnover was 270.49 million shares valued at RM97.90mil. However, the broader market was ...
klse:4707 klse:1295

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Bursa climbs early Monday, takes cue from key Asian markets

12 Mar 2018 - The Star Online
KUALA LUMPUR: Bursa Malaysia advanced early Monday, with the FBM KLCI up nearly 10 points led by Nestle and Hong Leong Bank amid a firmer broader market as sentiment was given a boost by key Asian bourses. At 9.11am, the KLCI was up 9.68 points or 0.52% to 1,853.60. Turnover was 241.76 million shares ...
klse:4707 klse:5819

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Consumer stocks top gainer, Nestle hit record high

8 Mar 2018 - The Star Online
KUALA LUMPUR: Consumer staple stocks continue to hold up well, dominating the gainers’ list on Bursa Malaysia in early trade. Consumer counters like Nestle (M) Bhd , Dutch Lady Milk Industries Bhd and Fraser & Neave Holdings Bhd (F&N) have been hitting historical highs. Nestle, which has been on an uptrend, ...
klse:4707 klse:3026

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Nestle, Public Bank scale to record highs again

6 Mar 2018 - The Star Online
KUALA LUMPUR: Key Asian markets rebounded on Tuesday as worries about a US trade war eased while at Bursa Malaysia, Nestle and Public Bank hit record levels again on fund buying. At 5pm, the KLCI was up 5.75 points or 0.31% to 1,848.37. Turnover was 2.77 billion shares valued at RM2.78bil. There were ...
klse:4707 klse:1295

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Affin Hwang maintains sell on Nestle as price runs ahead of fundamentals

5 Mar 2018 - The Star Online
KUALA LUMPUR: Nestle Malaysia Bhd 's 2018 earnings are expected to be stronger on the back of a recovery in consumer spending, lower materials costs and the strengthening of the ringgit, but the share price may have run too far ahead of fundamentals. Affin Hwang Capital Research said the earnings upsides ...
klse:4707

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Kenanga upgrades Nestle to market perform with higher TP

21 Feb 2018 - The Star Online
KUALA LUMPUR: Kenanga Research upgraded Nestle (Malaysia) Bhd to market perform with a higher target price of RM114.30 from RM81.10 on revised price-earnings of 32.0x and roll over of earnings per share (EPS) base. "Post-results, we raise our FY18E net profit by 5% following more bullish tweaks to the ...
klse:4707

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Nestle Malaysia proposes higher payout

20 Feb 2018 - The Star Online
KUALA LUMPUR: Nestle (Malaysia) Bhd has proposed a higher final dividend payout for the year ended Dec 31, 2017 after the company reported a surge in net profit in the last quarter. Earnings in the fourth quarter rose to RM133.5mil from RM66.9mil made a year ago on lower spending on marketing as well ...
klse:4707

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Nestle, Public Bank, F&N at fresh record highs again

29 Jan 2018 - The Star Online
KUALA LUMPUR: Nestle, Public Bank and Fraser & Neave Holdings are among the stocks which are at record highs again in late Monday afternoon trade. At 3.38pm, the FBM KLCI is up 14.03 points or 0.76% to 1,867.95. Turnover is 2.13 billion shares valued at RM1.48bil. However, the broader market is more ...
klse:4707 sgx:f99 klse:1295 klse:3689

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