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Monday, 2 January 2017

Hap Seng Consolidated Bhd is the Bursa Malaysia benchmark index’s best performing stock this year with a total return of 36.73 per cent.

Hap Seng, a diversified company with businesses in plantations, property holding and development, credit financing, automotive, fertilisers trading and building materials.
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Multi Management and Future Solutions Malaysia: Hap Seng Consolidated Bhd is the Bursa Malaysia benchmark file's best performing stock this year with an aggregate return of 36.73 for every penny, while Axiata Group Bhd is the most noticeably bad entertainer. 

Hap Seng, a broadened organization with organizations in manors, property holding and advancement, credit financing, car, manures exchanging and constructing materials — was additionally the best stock in 2014 with an aggregate return of 39.74 for every penny. 

A year ago, it came next after Petronas Dagangan Bhd, which increased 45.31 for each penny amid the year. 

On the last exchanging day this year, Hap Seng — which has solid verifiable development in income and benefit with expanded salary base — shut 33 sen, or 3.87 for every penny higher, to RM8.86 from Thursday's RM8.53. It had a value profit (PE) proportion of 20.99 starting yesterday. 

The organization had a compound yearly development rate of 10.6 for each penny on its income and 27.3 for each penny in the course of the last five year. 

Hap Seng was trailed by KLCCP Stapled Group Bhd with an aggregate return of 17.56 for every penny and Genting Bhd with 8.99 for every penny amid the year. 

Malayan Banking Bhd and Tenaga Nasional Bhd, the two biggest stocks by market capitalisation, had an aggregate return of - 2.38 for every penny and 4.35 for each penny individually. 

Every one of the four media transmission goliath stocks are among the most exceedingly bad entertainers in the 30-stock parts of the benchmark FTSE Bursa Malaysia KLCI this year. 

Axiata Group was the most exceedingly terrible entertainer, losing 26.37 for every penny since the start of the year, speedier than the key list's 3.56 for each penny decay. 

This takes after the telco's income plunge, incompletely because of higher fund cost and unpredictable monetary forms as it works in 10 nations internationally. 

Axiata's PE proportion dropped to its least in four years. 

Toward the end of the last exchanging day, Axiata picked up 15 sen, or 3.28 for every penny, to close at RM4.72. 

Telekom Malaysia Bhd, Maxis Bhd and DiGi.Com Bhd lost 12.24 for every penny, 12.06 for each penny and 10.56 for each penny amid the year. 

The most exceedingly terrible entertainers list additionally incorporate multinational organization British American Tobacco (M) Bhd, which contracted 20.47 for each penny. 

The organization keeps on torment poor deals because of a climb in extract obligation last November and unlawful cigarette exchanges. 

Prior this year, the nation's greatest cigarette creator declared that it was closing down its plant in Malaysia by mid-2017.

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