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Will Bank Negara Malaysia’s Monetary Policy Committee follow its Indonesian counterparts by raising interest rates when it holds its next meeting on Wednesday and Thursday?
Despite the suspension of operations by chip giant Taiwan Semiconductor Manufacturing Company (TSMC), following a significant earthquake on Wednesday, the Malaysian semiconductor industry is not anticipated to face immediate repercussions, as this precautionary measure, along with available inventory, suggests minimal impact.
AmInvestment Bank Bhd has selected Hong Leong Bank Bhd, IOI Properties Group Bhd and Greatech Technology Bhd as its new top stocks to buy.
These three counters replaced its earlier picks namely CIMB Group Holdings Bhd, Mah Sing Group Bhd and Sunway Bhd, after their share prices have reached near or above the research house’s fair values, said AmInvestment Bank Bhd in a note released on April 2.
KUALA LUMPUR: Companies that recently made headlines include Sime Darby Property, IOI, Telekom, Mi Tech, Greatech, Malakoff, Matrix, Sports Toto and SAM, said Apex Securities Research.