KUALA LUMPUR, Jan 11 — Bursa Malaysia opened higher but turned marginally lower thereafter, taking the cue from the mixed regional market performances amid improved overnight performance on Wall Street, said a dealer.
KUALA LUMPUR, Jan 10 — Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday amid mixed sentiments on Wall Street overnight following the United States (US) Federal Reserve’s projection that interest rates may exceed five per cent this year, a dealer said.
KUALA LUMPUR, Jan 9 — Bursa Malaysia opened higher on Monday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising 0.31 per cent to 1,485.14 points on renewed buying interest, lifted mainly by gains in transportation and logistics stocks, said a dealer.
KUALA LUMPUR, Jan 6 — Top Glove Corporation Bhd has appointed Chong Su-Lin and Rowina Ghazali Seth as its independent directors effective today.
KUALA LUMPUR, Jan 4 — Bursa Malaysia Bhd (Bursa Malaysia) and the Department of Statistics Malaysia (DOSM) have signed a memorandum of understanding (MoU) to share macroeconomic data in order to identify key trends and insights for the development of the capital market.
KUALA LUMPUR, Dec 26 — At the beginning of 2022, the outlook for both the ringgit and Bursa Malaysia looked promising as pandemic threats had shrunk.
KUALA LUMPUR, Dec 24 — Tenaga Nasional Bhd (TNB) stock remains favourable among analysts given its stable earnings and dividend payout.
KUALA LUMPUR, Dec 22 — GDB Holdings Bhd’s wholly owned subsidiary Grand Dynamic Builders Sdn Bhd (GDBSB) has secured a design and build contract to construct a logistic hub in Klang, Selangor, worth RM247 million from SDPLOG 1 (Industrial Asset I) Sdn Bhd.
KUALA LUMPUR, Dec 14 — Top Glove Corporation Bhd (Top Glove) recorded a net loss of RM168.24 million in the first quarter ended November 30, 2022 (Q1 2023) against a net profit of RM185.72 million in Q1 2022, as its sales volume eased by about 48 per cent year-on-year (y-o-y) due to persistent headwinds.
In a statement today, Public Bank Bhd said Teh founded the bank in 1965 at the age of 35.
KUALA LUMPUR, Dec 12 — Foreign investors remained net sellers for the fourth consecutive week as they disposed of RM731.8 million worth of stocks on Bursa Malaysia, more than double the amount net sold in the previous week (RM301.2 million), according to MIDF Research.
KUALA LUMPUR, Dec 10 — Bursa Malaysia is likely to trend higher next week, with the key index to hover in the 1,470-1,500 range next week, said an analyst.
KUALA LUMPUR, Dec 9 — Eighteen companies listed on Bursa Malaysia’s Main Board were hit by malware infections and 478 companies suffered data leaks in November 2022, according to the ‘Listed Malaysian Companies Cybersecurity Ratings’ study by cybersecurity company, LGMS Bhd.
KUALA LUMPUR, Dec 1 — Sime Darby Plantation Bhd (SDP) is disposing of three parcels of land totalling 948.83 acres in Klang, Selangor to Sime Darby Property (Bukit Tunku) Sdn Bhd (SDPBT) for RM618 million.
KUALA LUMPUR, Nov 30 — Malaysia Airports Holdings Bhd's (MAHB) passenger movements for its network of airports continued to grow steadily with 8.3 million movements recorded in October 2022, reaching 71.1 per cent of October 2019 levels.
KUALA LUMPUR, Nov 29 — Foreign investors continued to be net sellers last week with a net outflow of RM81.9 million compared with a net outflow of RM59.9 million in the previous week, said MIDF Research.
KUALA LUMPUR, Nov 25 — CGS-CIMB Securities has raised its end-2022 forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,602 points from 1,484 points on the back of easing political instability, as the market is likely to react positively to the newly-formed government.
KAJANG, Nov 24 — Prime Minister Datuk Seri Anwar Ibrahim today announced that Monday (November 28) will be a public holiday in conjunction with the formation of a unity government and his appointment as the country’s 10th Prime Minister, today.
KUALA LUMPUR, Nov 21 — Malaysia Airports Holdings Bhd (MAHB) has sought the Malaysian government to 'structure better terms' to increase domestic and foreign direct investments which pertain to the remaining short tenure of the land lease.
KUALA LUMPUR, Nov 20 — The just-concluded 15th General Election (GE15) has brought Malaysia to unchartered waters with a hung parliament, wherein neither coalition crossed the indispensable line of 112 simple majority to form the next government independently.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.