KUALA LUMPUR, March 17 — AirAsia Group Bhd has completed its private share placement exercise for the second tranche which comprises 100.37 million new shares or about three per cent of the company's issued shares.
KUALA LUMPUR, March 17 — Bursa Malaysia opened higher but retreated thereafter, tracking the cautious performance of Wall Street ahead of the conclusion of the US Federal Reserve's policy meeting on Wednesday.
KUALA LUMPUR, March 16 — Bursa Malaysia extended upward trend Tuesday, buoyed by hopes that the rollout of the Covid-19 vaccines will spur economic recovery soon.
KUALA LUMPUR, March 10 — Bursa Malaysia continued its upward momentum to open higher Wednesday, tracking the performance of the stronger overnight US equities with Nasdaq rallied to recoup previous session losses as US bond yields retreated.
KUALA LUMPUR, March 9 — Higher digitalisation and financial technology (fintech) collaborations can help strengthen the Islamic finance industry’s resilience and open new avenues for growth, said Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar.
KUALA LUMPUR, March 8 — Bursa Malaysia continued last Friday’s upward momentum, tracking the performance of its Asian peers over-optimism on the United States US$1.9 trillion stimulus package and higher crude oil prices.
KUALA LUMPUR, March 6 — The FBM KLCI is likely to trade higher next week on the back of energy and finance counters due to stronger oil prices and Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) at 1.75 per cent, according to an analyst.
KUALA LUMPUR, March 5 — The key index ended the week at an intraday high amid cautious sentiment in the broader market, lifted by selected heavyweights including banking stocks that benefited from Bank Negara Malaysia’s decision to maintain the Overnight Policy Rate at 1.75 per cent and amid stronger oil prices, said a dealer.
KUALA LUMPUR, March 4 — Bursa Malaysia ended in the negative territory today, with key index declining 0.45 per cent, weighed down by selling pressure in selected heavyweights led by Supermax and Sime Darby.
KUALA LUMPUR, Feb 27 — Bursa Malaysia is anticipated to re-test the 1,600-level next week, with recovery-theme and vaccine-related stocks likely to be in focus following the start of the National Covid-19 Immunisation Programme last Wednesday.
KUALA LUMPUR, Feb 26 — Bursa Malaysia opened flat on Friday, taking the cue from the overnight retreat on Wall Street.
KUALA LUMPUR, Feb 25 — Bursa Malaysia's key index breached the resistance level of 1,580 at the close as investors regained confidence following the official start of the National Covid-19 Immunisation Programme on Wednesday.
KUALA LUMPUR, Feb 25 — Sime Darby Property Bhd (SDP) has recorded a net loss of RM478.80 million for the financial year ended December 31, 2020 (FY20), as compared to a net profit of RM598.53 million recorded in FY19.
KUALA LUMPUR, Feb 25 — Bursa Malaysia rebounded from Wednesday’s losses to open higher on Thursday, as buyers emerged to buy on weakness after the benchmark index declined by almost 2.0 per cent on a week-on-week basis.
KUALA LUMPUR, Feb 24 — Bursa Malaysia rebounded from yesterday’s losses to open higher today as a spate of firm corporate results released on Tuesday provided positive market catalysts.
KUALA LUMPUR, Feb 23 — Petronas Chemicals Group Bhd's (PChem) net profit for its financial year ended December 31, 2020 slipped to RM1.62 billion from the RM2.81 billion recorded in the previous financial year.
KUALA LUMPUR, Feb 22 — Bursa Malaysia rebounded at the opening bell on Tuesday as traders picked up beaten-down stocks on Monday.
KUALA LUMPUR, Feb 20 — Bursa Malaysia is expected to trade higher next week, catapulting on Malaysia's vaccination drive which will start next week on Friday following the scheduled delivery of the vaccine on February 21, 2021.
KUALA LUMPUR, Feb 17 — The Securities Commission Malaysia (SC) and Bursa Malaysia Bhd today announced temporary relief measures for listed issuers in addition to those introduced in 2020.
KUALA LUMPUR, Feb 17 — Bursa Malaysia opened higher and retreated thereafter on Wednesday on profit-taking, coupled with subdued overnight Wall Street performance.
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