Daily Industry News Update (11 January 2021)


Pandemic remains cloud hanging over real estate sector

RHB Investment Bank Bhd has maintained a neutral call on the real estate sector, as it selected Sime Darby Property Bhd and Mah Sing Group Bhd as one of the top picks with ‘Buy’ call. The investment bank also added that it is maintaining a less bearish view on the overall property

Further recovery expected

The blue-chip benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded from a one -month low a s bargain hunters bought sharp dips in key rubber glove counters after regulated short-selling pressure evaporated in the first trading week of this year. Banking stocks suffered

Congestion at Port Klang reduced after several immediate measures — PKA

The Port Klang Authority (PKA) said the congestion at Port Klang has shown improvement after several immediate measures implemented by a task force directed by the Transport Ministry since last month. PKA chairman Datuk Chong Sin Woon said the task force, headed by

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