Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.

Bursa Malaysia Maintains Upward Momentum Amid Mixed Regional Markets

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia keeps its momentum going at midday amid not-so-rosy regional markets as investors turn their attention to the upcoming US inflation report later tonight.

YTL Corp 1Q Net Profit Shrinks To RM333.713 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- YTL Corp Bhd’s net profit for the first quarter ended Sept 30, 2024 (1Q 2024), decreased to RM333.713 million from RM521.726 million in the same quarter last year.

Bursa Malaysia Bucks Regional Trend To End Higher, Blue Chips Keep CI Above 1,600

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia bucked the mostly weaker regional market trend at the close today, with a stellar performance by heavyweights supporting the key index to stay above the psychologically 1,600 level.

Gamuda, 99 Speed Mart Could Join FBM KLCI Constituents - CIMB Securities

KUALA LUMPUR, Nov 26 (Bernama) -- CIMB Securities Sdn Bhd through its analysis has indicated that Gamuda Bhd and 99 Speed Mart Retail Holdings Bhd may replace Genting Bhd and Genting Malaysia Bhd as FBM KLCI constituents in the upcoming review in December.

Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.

Bursa Malaysia In Negative Territory At Midday

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia was in negative territory at midday today, dragged down by continued selling activities led by the utilities stocks amid a lack of new catalysts, analysts said. 

Malaysia’s Second 5G Network Poised To Support IIoT, High-bandwidth Sectors - BMI

KUALA LUMPUR, Nov 7 (Bernama) -- BMI, a Fitch Solutions company, sees potential for Malaysia’s second 5G network to carve out a role as a niche connectivity provider, particularly supporting Industrial Internet of Things (IIoT) applications.

Kenanga Investment Bank Expects Rise In Demand For Cloud Services Due To Data Centre Investments

KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Bursa Malaysia Trims Loss At Midday, Bargain Hunting Lifts Key Index Above 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks. 

Bursa Pares Some Losses, Trades Remain Below 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index reversed some of its losses at mid-morning as some blue-chips and mid-caps recovered from earlier weaknesses, led by Axiata and SD Guthrie.