DBS Group Holdings Ltd’s shares are set to close out their best year since 2009, with some analysts predicting the rally could extend, driven by the bank’s burgeoning wealth management business.

DBS shares’ 43% rally seen having more legs as wealth fees rise

Taiwan Semiconductor Manufacturing Co’s (TSMC) US-listed shares cost almost 25% more than those in its domestic market at the end of last week, a sign that global investors are still willing to pay up for stocks that can benefit from the artificial intelligence (AI) boom.

US investors pay biggest premium for TSMC shares in two months

In a Vanity Fair video last month, Lisa, a member of mega K-pop band Blackpink, shared her obsession with toys from Chinese company Pop Mart International Group Ltd.

China's hottest stock Pop Mart rockets 370% on craze for collectibles

KUALA LUMPUR (Dec 20): Analysts cut Aeon Credit Service (M) Bhd’s (KL:AEONCR) earnings projections due to elevated credit costs.

Analysts cut Aeon Credit’s earnings, TPs, on higher credit costs

KUALA LUMPUR (Dec 18): Kenanga Research has initiated coverage on Time Dotcom Bhd (KL:TIMECOM) with an “outperform” call and a target price of RM5.91, citing the company’s potential to capitalise on the booming demand for internet traffic and data transmission.

Kenanga Research initiates coverage on Time Dotcom with a target price of RM5.91

Xiaomi Corp is rapidly closing in on a new all-time-high share price, having cracked the crowded market for electric vehicles (EVs) in a repeat of its earlier success with smartphones.

Xiaomi’s 103% rally puts EV dark horse on brink of stock record

Astro Malaysia Holdings Bhd (KL:ASTRO) is still not out of the woods as weak revenue clouds its outlook, analysts said on Thursday while the pay-television operator’s stock hovered near record lows.

Astro's outlook shrouded by weak revenue, tax case as shares hover near record lows

KUALA LUMPUR (Dec 12): Analysts have maintained their outlook on Axiata Group Bhd (KL:AXIATA) following the recent merger between XL Axiata and Smartfren Telecom, suggesting that potential benefits may take time to materialise.

Analysts maintain outlook on Axiata, flag delayed benefits from XL-Smartfren merger

KUALA LUMPUR (Dec 11): Shares of Dagang NeXchange Bhd (KL:DNEX) climbed to their highest in four months amid high volume trade, following news of its joint venture (JV) with Gamuda Bhd (KL:GAMUDA) to provide Google Cloud services in Malaysia.

Dagang NeXchange shares climb to four-month high following news of JV with Gamuda, analysts cautious

KUALA LUMPUR (Dec 10): Shares of Gamuda Bhd (KL:GAMUDA) still have strong upside in the next 12 months, RHB Investment Bank (RHB IB) said on Tuesday, flagging strong earnings and more job wins ahead.

Gamuda still has strong upside ahead, RHB IB says in raising consensus-topping target

The recent pullback at Tenaga Nasional Bhd or TNB (KL:TENAGA) represents a buying opportunity, said CGS International, which expects above-average demand growth to translate into higher regulated capital expenditure (capex) requirements for the utility player in the next three years.

Higher TNB capex seen in 2025-2027, says CGS International

MN Holdings Bhd's (KL:MNHLDG) contract wins and financial performance in its current financial year are expected to hit a new record, supported by strong order book and record-breaking tender prospects, said Phillip Capital.

“We believe MN is on track for FY2025 (financial year ending June 30, 2025) surpassing FY2024 new contract wins of RM349 million,” said Phillip Capital in its latest company note.

Phillip Capital sees record earnings, contract wins for MN Holdings in FY2025

Analysts are looking past VS Industry Bhd’s (KL:VS) weak first-quarter results, amid expectations of new sales orders, on top of the RM1.2 billion worth of orders at hand currently.

Analysts look past VS Industry’s 1Q miss on optimism towards new orders

KUALA LUMPUR (Dec 3): Sime Darby Property Bhd's (KL:SIMEPROP) earnings profile could significantly change in 2026-2027, when its data-centre projects’ rental earnings kick in, analysts said.

SimeProp earnings profile to leap by 2027 with data-centre push, analysts say

EVENING 5: ASB’s FY24 distribution at RM10.1 bil, highest since 2018

EVENING 5: Five things you need to know today

Any attempts to sow division or actions that trigger racial discord must be avoided, said Prime Minister Datuk Seri Anwar Ibrahim.

In a Facebook post on Tuesday, in conjunction with Christmas, which will be celebrated by Christians on Wednesday, Anwar emphasised that all Malaysians need each other and complement one another, particularly in efforts to build a successful and distinguished national identity.

Any attempts to incite racial discord must be avoided — PM

Nestcon Bhd’s (KL:NESTCON) wholly owned subsidiary Nestcon Infra Sdn Bhd is set to develop a large-scale solar photovoltaic plant (LSSPV) with 14.99 megawatts of alternating current (MWac) in Bongawan, Kimanis, Sabah.

Nestcon wins bids to develop 18.99 MWac LSS power plant projects in Sabah

The Road Transport Department (JPJ) has initiated a comprehensive investigation and safety audit on the vehicle companies involved in the fatal accident at KM204 of the North-South Expressway (PLUS) northbound in Melaka on Monday night.

JPJ launches investigation, safety audit over KM204 fatal crash

KKB Engineering Bhd (KL:KKB) has initiated adjudication proceedings under the Construction Industry Payment and Adjudication Act against a contractor over outstanding claims amounting to RM10.1 million.

KKB Engineering sues glove factory project contractor over unpaid claims

Permodalan Nasional Bhd (PNB) remains optimistic about the outlook for Malaysia's economy and the local bourse next year, underpinned, among others, by clear economic policies and steady inflows of foreign direct investments (FDIs).

PNB remains optimistic about Malaysian economy, KLCI next year

Registered paddy farmers nationwide are encouraged to join the Paddy Crop Takaful Scheme (STTP) as protection against unforeseen disasters.

In a statement on Tuesday, Agrobank highlighted that the STTP is crucial for farmers, especially when facing natural disaster risks such as floods or drought and pest and disease infestations.

Agrobank urges paddy farmers to join takaful scheme

The Madani government will continue to fully support efforts to safeguard the safety and well-being of children and will not tolerate any crimes that threaten their future, said Communications Minister Fahmi Fadzil.

Madani govt stays committed to protecting child safety — Fahmi

Despite the popularity of online shopping platforms, malls were nevertheless crowded with locals and foreigners alike making last-minute preparations for Christmas on Wednesday.

Malls overflowing as shoppers grab last-minute deals for Christmas 

Amanah Saham Nasional Bhd (ASNB), a wholly owned unit trust company of Permodalan Nasional Bhd (PNB), has declared a total income distribution of 5.75 sen per unit, amounting to a total income payout of RM10.1 billion for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2024 (FY2024).

ASB's FY2024 distribution at RM10.1b or 5.75 sen per unit, highest since 2018

Rain and thunderstorms are expected to hit Selangor, Negeri Sembilan, Sabah, and Sarawak on Christmas morning.

Rain, thunderstorms expected to hit four states on Christmas morning — MetMalaysia

The government has removed the 85% demand capacity cap for non-domestic users under its self-consumption (SelCo) programme, and to allow the installation of solar panels on the ground and over bodies of water.

Quota abolished for solar panel installation under self-consumption mechanism — energy ministry

Malaysia’s utilities stocks still have room to run as electricity demand surges from the proliferation of data centres and electric vehicles, Apex Securities said and told investors to "overweight" the sector.

Utilities stocks still have room to run as electricity demand surges, Apex joins coverage with 'overweight' call

FBM KLCI’s upside in 2025 could be limited by a slowdown in foreign inflow and the strengthening US dollar, Phillip Capital warned and recommended that investors look at small- to mid-cap stocks.

Phillip Capital says KLCI has limited upside in 2025, recommends small-mid cap stocks

The High Court has dismissed Muar Member of Parliament Syed Saddiq Syed Abdul Rahman's leave (permission) application to commence legal action against Prime Minister Datuk Seri Anwar Ibrahim and the government over RM730,300 in allocations for his constituency.

Court dismisses Syed Saddiq's bid to challenge unpaid MP allocations as application deadline missed

Taiwan Semiconductor Manufacturing Co (TSMC) shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock performance in 25 years.

TSMC shares touch record high, eyeing best year since 1999 on AI

Permodalan Nasional Bhd (PNB) remains optimistic about the outlook for Malaysia's economy and the local bourse next year, underpinned, among others, by clear economic policies and steady inflows of foreign direct investments (FDIs).

theedgemalaysia.com&nbsp;highlighted three stocks with positive momentum and two stocks with negative momentum at Bursa Malaysia's afternoon close on Tuesday.

Stocks with momentum on Dec 24, 2024: Genetec, Sarawak Cable, Tuju Setia, MNC Wireless, AME Elite

<h3>Banks</h3>

Overweight (maintain)

RHB RESEARCH (DEC 10): We think market volatility will likely persist amid uncertainties with respect to US policies and the US federal funds...

Brokers Digest: Local Equities - Banks, Inari Amertron Bhd, SkyWorld Development Bhd, Dialog Group Bhd

Donald Trump hinted he still wants to buy Greenland, a self-ruling territory of Denmark, saying that US ownership and control of the island is an “absolute necessity” for national security.

Trump reiterates he wants to buy Greenland for US security

<h2>Notable filings</h2>

Over the week of Dec 2 to 6, among the notable changes in shareholding for companies listed on Bursa Malaysia were those at auto parts manufacturer and distributor EP Manufacturing Bhd (KL:EPMB).

Bermaz Capital Sdn Bhd (formerly Bermaz Anshin...

Insider Moves: EP Manufacturing Bhd, Eastern & Oriental Bhd, Aurelius Technologies Bhd, Central Global Bhd, Yinson Holdings Bhd, RHB Bank Bhd 

British confectionery giant Cadbury has lost its status as supplier to the British Royal Family after 170 years and six monarchs, reported Sputnik/RIA Novosti, citing the Daily Mail.

Candy maker Cadbury loses royal supplier status after 170 years — reports

MMAG Holdings Bhd (KL:MMAG), which is involved in the sales of digital devices and logistic services, said on Tuesday it has acquired a Boeing B737-400SF aircraft from Japan-based JPA No 161 Co Ltd for US$4.61 million (RM20.76 million) cash.

MMAG buys aircraft for RM20 mil to expand air cargo capacity

IN a bid to accelerate the adoption of renewable energy (RE) and ahead of the upcoming fifth large-scale solar (LSS5) programme, the government has opened up the installation of battery energy storage systems (BESS) to third parties, under concession agreements, according to documents sighted by ...

BESS programme: A game changer for the Malaysian energy landscape?

BYD Co has severed ties with a construction firm after Brazilian authorities halted construction of a new electric vehicle (EV) plant where workers were found working and living in “slavery”-like conditions.

Brazil halts BYD site after workers found in ‘slave’ conditions

Coastal Contracts Bhd’s (KL:COASTAL) maiden foray into the renewable energy (RE) sector is timely while providing long-term income visibility for the oil-and-gas services firm, said RHB Investment Bank (RHB IB).

Coastal Contracts' foray into renewable energy timely, helps cut reliance on Pemex — RHB IB

Boustead Heavy Industries Corp Bhd (KL:BHIC) shareholders have given the nod for the fabrication and engineering company to dispose of its 51% equity stake in Contraves Advanced Devices Sdn Bhd (CAD) to German defence firm Rheinmetall AG for RM54 million.

BHIC shareholders approve RM54m sale of 51% stake in LCS subcontractor

Malaysia’s economy sustained strong growth in the first three quarters of 2024 (9M2024), expanding by 5.2% from January to September, said the Department of Statistics Malaysia.

Malaysia's economy up 5.2% in 9M2024, official data show

Prolintas Infra Business Trust (KL:PLINTAS) said it has settled its dispute with KL-Kuala Selangor Expressway Bhd (Latar) over a cost-sharing agreement, for an undisclosed amount.

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