The higher average selling prices (ASPs) that lifted Hartalega Holdings Bhd's (KL:HARTA) second-quarter earnings may be difficult to sustain in the coming quarter, as easing crude oil prices threaten to reverse the recent improvement in the rubber glove maker's margins, according to analysts.

Hartalega's average selling price-driven 2Q boost is difficult to sustain — analysts

The recent sell-off in YTL Power International Bhd (KL:YTLPOWR) appears excessive as its colocation data centre business continues to support the group's valuation, said CGS International.

CGS International says YTL Power sell-off overdone, stays upbeat on data centre prospects

KUALA LUMPUR (Nov 10): The proposed RM2.50-a-share privatisation of Yinson Holdings Bhd (KL:YINSON) offers minority shareholders an exit opportunity above CIMB Securities’ valuation, as heavy gearing and costly financing could constrain growth and dilute returns from new projects, the research house said.

Yinson buyout offers exit opportunity, CIMB Securities advises shareholder to vote in favour

KUALA LUMPUR (Nov 10): MISC Bhd’s (KL:MISC) proposed RM3.03 billion investment in Yinson Holdings Bhd (KL:YINSON) would increase its financial risk, even under a structure designed to keep Yinson’s substantial debt off the shipping group’s balance sheet, CGS International said.

MISC’s RM3.03 bil bet to take Yinson private exposes shareholders to higher risks — CGS

Bursa Malaysia’s 20 largest technology stocks shed over RM4.46 billion in market value on Friday as a global sell-off in artificial intelligence (AI)-related counters spread to the country’s chipmakers and equipment suppliers.

Global AI sell-off wipes RM4.46 bil off Bursa’s 20 largest tech stocks

CGS International called on Sunway Construction Group Bhd (KL:SUNCON) to diversify away from data centre (DC) projects as return on average equity declines.

Sunway Construction should diversify away from data centres, says CGS International

Velesto Energy Bhd (KL:VELESTO) is now more attractive with a stronger earnings outlook as the last of its idle drilling rig returns to work, analysts said on Thursday.

Velesto now more attractive as Naga 3 returns to work, analysts upgrade

Oriental Kopi Holdings Bhd (KL:KOPI) appears unscathed from a public uproar over its menu language, with little impact on revenue and minimal cost, said an analyst.

Business as usual at Oriental Kopi despite menu language uproar — analyst

Sime Darby Property Bhd (KL:SIMEPROP) is laying the groundwork for its future growth, as it explores two primary avenues for expansion, including a potential real estate investment trust (REIT) listing by 2028, according to Maybank Investment Bank.

Sime Darby Property mulls REIT listing by 2028, to bank on heavy industrial parks, says Maybank IB

CelcomDigi Bhd’s (KL:CDB) core earnings for the financial year ending Dec 31, 2026 (FY2026) to FY2028 are expected to take a small hit, between 1% to 4%, following an assignment to boost its network capacity and coverage, according to CIMB Securities.

CIMB Securities trims CelcomDigi’s FY2026-FY2028 earnings forecasts on spectrum cost

RHB Bank Bhd's (KL:RHBBANK) dividend payout appears secure for the year with the fourth-largest bank by assets unfazed by rising bond yields, an analyst said on Monday.

RHB Bank’s dividends intact, not swayed by rising bond yields — analyst

MBSB Research remains positive on YTL Power International Bhd’s (KL:YTLPOWR) longer-term growth prospects, underpinned by the ramp-up of its data centre operations in Kulai, Johor, the planned expansion into Sedenak Tech Park West (STeP West), and rising opportunities in the power and digital infrastructure sectors.

MBSB Research sees potential for 4GW data centre campus at YTL Power’s Bukit Kerayong site

A stronger-than-expected earnings report propelled Nestlé (Malaysia) Bhd (KL:NESTLE) higher on Wednesday, extending the stock's rally as analysts raised their target prices.

Nestlé Malaysia extends gain towards two-month high after 3Q beat, analysts raise target prices

AMMB Holdings Bhd (KL:AMBANK) will likely shrug off rising bond yields, and it may be time to start buying shares of the sixth-largest bank in Malaysia again, an analyst said.

AMMB on track with earnings, time to ‘buy’ again — analyst

WASHINGTON (Nov 12): Members of US President Donald Trump's AI task force met on Thursday and discussed ways to encourage critical US sectors to report AI-powered cyberattacks, according to a Trump administration spokesperson.

Trump's AI task force met Thursday, discussed AI-powered cyberattacks

KUALA LUMPUR (Nov 13): Ministry of Investment, Trade and Industry said on Friday that it has never cleared Singapore-based Megaspeed International Pte Ltd or its Malaysian affiliate Speedmatrix Sdn Bhd.

More to come

Read also:

Miti says never cleared Megaspeed or Malaysian affiliate Speedmatrix

(Nov 13): The Justice Department is probing Alice Huang, the woman US officials suspect as a possible spy targeting the ousted head of Nvidia Corp, over whether entities linked to her were involved in efforts to smuggle products made by Super Micro Computer Inc to China, according to a person familiar with the matter.

US probes if Alice Huang helped smuggle Super Micro products — Bloomberg

(Nov 13): Samsung Electronics Co is in talks to acquire Modine Manufacturing Co, a maker of cooling systems for data centres, according to people familiar with the matter.

Samsung in talks to acquire data centre cooling firm Modine — Bloomberg

New World Development Co is considering a rights issue to help shore up its finances after Bain Capital decided against investing in the property company, according to people familiar with the situation.

New World considering rights issue as Bain walks away — Bloomberg

TOKYO (Nov 13): Japan's government will respond appropriately to currency volatility, Japanese Finance Minister Satsuki Katayama said on Friday, renewing her warning as the yen briefly crossed the key 160 per dollar threshold.

Japan's finance minister vows action as yen breaches 160 threshold

NEW YORK (Nov 12): Federal Reserve Bank of New York president John Williams said on Thursday that more interest rate increases are likely as the US central bank seeks to lower high levels of inflation in an otherwise healthy economy.

Fed's Williams says central bank has 'work to do' to get inflation back on target

Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim faces his third electoral test this year when the state of Melaka goes to the polls on Saturday, after a frantic week in which a key minister quit over the controversial transfer of jailed former PM Datuk Seri Najib Razak to house arrest.

Anwar faces voter test after turbulent week in Malaysia politics

SINGAPORE (Nov 13): Stocks in Asia were on steadier footing on Friday after a turbulent week dominated by revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to the global AI boom he helped advance.

Stocks recover from Nvidia whiplash, dollar climbs with US yields

Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday.

Pharmaniaga, Hartalega, Johor Plantations, Keyfield, PIE, Hektar REIT, Eco World & Rimbunan Sawit

Microsoft Corp struggled to restore access to some of its workplace software hours after an outage began, saying users may still fail to connect to products like email and chat services.

Microsoft struggles to fix Outlook, Copilot, hours into outage

(Nov 13):&nbsp;Earlier this year, Malaysia’s Zetrix AI Bhd (KL:ZETRIX) was preparing to list its artificial intelligence unit on Nasdaq and had even built an AI avatar of Prime Minister Anwar Ibrahim. Now the onetime digital infrastructure star has lost more than 90% of its market value, is mired in debt and risks defaulting on its Islamic bonds.

Ex-Malaysia digital star that built PM’s avatar is mired in debt

SINGAPORE (Nov 13): Stocks in Asia were on steadier footing on Friday after a turbulent week dominated by revelations of extramarital affairs involving Nvidia CEO Jensen Huang that culminated in his resignation, in a blow to the global AI boom he helped advance.

Nvidia Corp’s stock plunged at the open on Thursday, taking the chipmaker’s market capitalisation below US$4 trillion (RM16.28 trillion) for the first time since 2025, after chief executive officer Jensen Huang resigned following the revelation of two affairs, one with a suspected Chinese spy.

Nvidia market cap sinks below US$4 tril following Huang's resignation

Here's a heads up on what to look out for today.

YOUR DAY AHEAD: Nov 13, 2026 

Prime Minister Datuk Seri Anwar Ibrahim has been ranked 13th in the 2027 edition of The Muslim 500: The world's 500 most influential Muslims, published by the Jordan-based Royal Islamic Strategic Studies Centre (RISSC).

Anwar ranked 13th in 2027 list of world’s 500 most influential Muslims

The US budget gap widened to US$404 billion in October, up 42% from the same period a year earlier, Treasury Department data showed Thursday.&nbsp;

US logs US$404 bil deficit in first month of fiscal year

Malaysia is now enjoying greater respect and a positive image internationally, reflecting the country's growing prominence and role on the global stage, Prime Minister Datuk Seri Anwar Ibrahim said.&nbsp;

Malaysia enjoying greater international respect, positive global image — Anwar

A leadership crisis at Nvidia Corp. curbed the appetite for riskier corners on Wall Street, with stocks also declining as a rally in oil prices lifted Treasury yields.

Stocks fall on Nvidia rout as oil jump sinks bonds

BENGALURU (Nov 13): Shares in Singapore Telecommunications (Singtel) gained the most in three months after posting a 10% rise in first-half underlying net profit on Friday, and raising its forecast for annual operating earnings from its core units.

Singtel posts biggest gain since August on 1H profit rise, upgraded annual outlook

KUALA LUMPUR (Nov 13): PIE Industrial Bhd (KL:PIE) jumped on Friday after the electronic manufacturing services firm reported a stronger than expected quarter.

PIE Industrial surges after better than expected results

Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim faces his third electoral test this year when the state of Melaka goes to the polls on Saturday, after a frantic week in which a key minister quit over the controversial transfer of jailed former PM Datuk Seri Najib Razak to house arrest.

The government is expected to launch the second phase of the Refugee Registration Document (DPP) programme soon, targeting United Nations High Commissioner for Refugees (UNHCR) cardholders not held at Immigration Detention Depots (DTIs).

Second phase of registration of Myanmar refugees expected to start soon — Ahmad Zahid

New York City's fire department reported on Thursday that more victims had been found after a three-story residential building collapsed, raising the death toll to at least eight, with 19 injured.

Eight dead in New York building collapse

WASHINGTON (Nov 12): US Senate Banking Committee chairman Tim Scott sent letters on Thursday to Commerce Secretary Howard Lutnick and Nvidia's&nbsp;former CEO Jensen Huang, asking them to testify over recent developments at the company.

US Senate Banking Committee chair calls on Jensen Huang, Lutnick to testify

US previously owned home sales fell last month to a 16-year low as a cascade of negative news on mortgage rates and inflation deterred would-be buyers.

Existing US home sales tumble to lowest level since 2010

WASHINGTON (Nov 12): US Attorney General Todd Blanche said on Thursday that the Justice Department has not yet reached a conclusion on whether Alice Huang, the Chinese businesswoman who had an affair with former Nvidia CEO Jensen Huang, was a Chinese spy.

US Justice Department has not concluded Alice Huang was Chinese spy, Blanche says

Pakatan Harapan (PH) is a tested political coalition that remains strong, built on trust and mutual respect among its component parties, says its secretary general Datuk Seri Saifuddin Nasution Ismail.

PH remains strong through trust and mutual respect — Saifuddin

(Nov 12): Agile Robots has raised $500 million ‌in a funding round led by SoftBank, valuing the German robotics company ​at $8.5 billion, it said on ​Thursday. Nvidia&nbsp;and Hitachi&nbsp;also ⁠took part.

The Munich-based maker of ​humanoid robots and robotic arms said ​it would use th...

Stock Focus

‌
‌

Stock Focus

‌‌

‌
‌