MALAYSIAN shares are expected to rise today after Wall Street notched a higher close last week and investors are set to buy blue chips such as Maybank and Axiata which reported better than expected earnings.
“Most brokerages will upgrade earnings estimates for the big cap stocks as the earnings season was not a let down as many had initially thought,” said a trader with a local investment bank. “Oil and gas counters are going to rally in tandem with the strong gains in oil markets, so there is overall positive sentiment.” US stocks rose on Friday, capping their third straight monthly advance, as rising commodity prices lifted shares of natural resource companies, while a sliding dollar boosted the allure of multinationals, including Coca-Cola Co
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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