Malaysian Stock Market Higlights of feburary month

Bursa Malaysia Share Price Counter Specific 

• Petroliam Nasional Bhd (Petronas), which posted a net misfortune in the final quarter of 2015, might consider raising assets taking after its failure to meet its capital consumption (capex) and profit duty through income from operations. 
• Felda Global Ventures Holdings Bhd (FGV) reported a net benefit of RM117.12 million for the year finished Dec 31, 2015 – not as much as half of the RM325.48 million posted in 2014.Revenue for the entire year was climbed marginally to RM15.66 billion from RM15.25 billion preceding because of higher volumes of unrefined palm oil (CPO) sold. 
• Tenaga Nasional Bhd (TNB) has augmented the force buy understanding (PPA) with Powertek Bhd's Telok Gong power station until Dec 31, 2019, making ready for China General Nuclear Power Corp (CGN) to finish up the procurement of 1 Malaysia Development Bhd's (1MDB) power resources. 
• Sona Petroleum Bhd has figured out how to secure a half markdown for its qualifying resource obtaining, the organization reported in a documenting with Bursa Malaysia yesterday. 
• DRB-Hicom Bhd unit Malaysian Shipping Agencies (MSA) has been granted a US$52 million (RM219.4 million) cargo sending and related administrations work for Refinery and Petrochemical Integrated Development (Rapid) venture in Pengerang, Johor.
• KPJ Healthcare Bhd's net benefit for the final quarter finished Dec 31, 2015 split because of extra procurement for representative offer alternative plan (Esos) and limited issue to clinic specialists situated as per bookkeeping benchmarks. 
• The Malaysian Investment Development Authority (Mida) is focusing on RM121.5 billion worth of affirmed speculations for the assembling and administrations (barring land) divisions this year.The target is lower than the RM156 billion accomplished for the two areas a year ago. 
• Hibiscus Petroleum Bhd offers fell 2.78% in ahead of schedule exchange todau after its second quarter finished Dec 31, 2015 (2QFY16) net misfortune expanded to RM164.17 million, from RM10.66 million a year back, essentially on account of halfway disability on its Australia resource and weakening of enthusiasm for Lime Petroleum Norway AS. 
• Shares of Eversendai Corp Bhd fell 3.62% toward the beginning of today after its net benefit dropped 51.7% on-year to RM7.823 million or 1.01 sen for every offer in the final quarter finished Dec 31, 2015 (4QFY15) from RM16.2 million or 2.09 sen for every offer a year back, generally on higher expense of offers, account costs, and working and regulatory cost.

Fates Crude Palm Oil

• Malaysian palm oil fates ascended on Monday, developing increases for a third session, as dealers hope to see inventories plunge beneath the 2 million ton mark toward the end of February. 
• Chicago Board of Trade corn prospects fell on Monday for a fifth straight session, withdrawing from right on time propels as worries about powerless interest compelled the business sector, dealers said. 
• U.S. unrefined petroleum costs were consistent in right on time Asian exchanging on Tuesday after lower residential creation and additionally plunging yield from OPEC fixed the business sector pretty much as China further facilitated its financial approach in an offer to help utilization.