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KLSE:TM

4 stories mentioning KLSE:TMUpdated 29d ago

Every FINWIRES story that references KLSE:TM, newest first.

Research

MIDF Amanah Upgrades Telekom Malaysia to Buy from Neutral; Price Target is MYR8.31

Telekom Malaysia (KLSE:TM) has an average rating of overweight and mean price target of 5.82 baht, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

KLSE:TM
Asia Markets

Malaysian Shares Snap 7-Day Slump to End Week in Green; JF Technology Rises 5%

Malaysian shares rebounded on Friday, snapping a seven-session losing streak, mirroring regional upward momentum amid macro optimism that a Pakistan-mediated diplomatic intervention could help de-escalate geopolitical flashpoints across the Middle East.The FTSE Bursa Malaysia KLCI gained 4.31 points to end nearly 0.3% higher at 1,712.67. The day range was between 1,710.30 and 1,715.71.In local news, Malaysia is moving to strengthen its energy buffer with the goal of extending supply security through December, as global disruptions continue to strain economic and energy networks, The Star reported, citing Deputy Prime Minister Fadillah Yusof.In corporate news, shares of JF Technology (KLSE:JFTECH) rose over 5% on today's close after it booked a record quarterly revenue of 23.2 million ringgit in its fiscal third quarter. Meanwhile, nine-month revenue amounted to 59.3 million ringgit, marking its strongest performance to date.Shares of Telekom Malaysia (KLSE:TM) gained about 2% on Friday's close after its profit attributable to shareholders fell to 321.5 million ringgit in the first quarter, from 401.3 million ringgit a year earlier.

FTSE Bursa Malaysia KLCIKLSE:JFTECHKLSE:TM
Asia

Telekom Malaysia's Profit Drops in Q1 Despite Rise in Operating Revenue

Telekom Malaysia's (KLSE:TM) profit attributable to shareholders fell to 321.5 million ringgit in the first quarter, from 401.3 million ringgit a year earlier, according to a Thursday Malaysian bourse filing.Shares gained over 2% in Friday's midday trade.Earnings per share declined to 0.084 ringgit from 0.105 ringgit in the same period last year.Operating revenue rose to 2.93 billion ringgit from 2.85 billion ringgit a year earlier.The board declared a dividend of 0.065 ringgit per share.

KLSE:TM
Research

BIMB Securities Upgrades Telekom Malaysia to Buy from Hold; Price Target is MYR7.78

Telekom Malaysia (KLSE:TM) has an average rating of overweight and mean price target of 7.97 ringgit, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

KLSE:TM

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