Morning Call; Buying Interest In The Technology Sector IS Expected Following Nasdaq’s Rally
Buying Interest In The Technology Sector IS Expected Following Nasdaq’s Rally
“The stockbroking firm said that It said that it is expecting a broad-based recovery on the local bourse that could extend in tandem with the rebound on Wall Street overnight following the release of retail sales data in April and optimism on China’s announcement on easing lockdowns.”
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Semi-Annual Review of FBM KLCI : RHB Research Market Strategy
“We expect the revised FBM KLCI reserve list, comprising the five highest-ranking non constituents of the index by market capitalisation, to be KLCC Property, QL Resources, Ambank, Batu Kawan and Malaysia Airports. The Reserve List, are stocks that would be used if one or more constituents are deleted from the FTSE Bursa Malaysia KLCI during the period until the next semi-annual review.”
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CTOS Expanding into CTOS Car Insurance
“CTOS Car Insurance, in its latest service, provides a fast, hassle-free opportunity to make price comparisons of policies from more than 10 insurance providers within minutes, allowing consumers to find the best deals in the market. By comparing quotes from a large range of insurers, consumers are able to find savings of up to RM1,000 from their current deals.”
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RHB Bank Announces Key Senior Management Changes
“Succeeding Taufik as Managing Director of Group International Business is Wendy Ting, who is currently the Head of Group Corporate Banking. Pursuant to the reorganisation, Wendy has been appointed as Managing Director of Group International Business & Group Corporate Banking.”
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MITEC Appoints Mala Dorasamy As Its New CEO
Commenting on the appointment, MITEC Chairman Tan Sri Abdul Rahman Mamat said, “We are pleased to have Mala as our Chief Executive Officer at a time when the industry faces tremendous challenges as we move to the endemic phase of the Covid-19 pandemic.”
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