Bursa Malaysia Remains In The Red At Midday

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia remained in the red at midday, weighed down by continuous selling in selected heavyweights, led by financial services and utilities sectors. 

MIDF Amanah Downgrades CelcomDigi To 'Neutral'

KUALA LUMPUR, Nov 19 (Bernama) -- MIDF Amanah Investment Bank Bhd has downgraded CelcomDigi Bhd to a “neutral” call with a lower target price of RM3.53 based on the telecommunications company’s third quarter of 2024 (3Q 2024) results. 

CelcomDigi Posts Slightly Lower 3Q Profit Of RM436.98 Mln

KUALA LUMPUR, Nov 18 (Bernama) -- CelcomDigi Bhd posted a slightly lower net profit of RM436.98 million for the third quarter ended Sept 30, 2024 (3Q 2024) compared to RM455.72 million in the previous corresponding quarter.

Bursa Malaysia Rises Above 1,600 Mark At Midday

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia stopped for the midday break in upbeat mode, rising above the 1,600-point level as investors bought selected heavyweight stocks in industrial products and services, utilities, telecommunications and media.

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.

U Mobile's Selection As Second 5G Provider Set To Boost Competition In Malaysia's Telecom Sector - Analyst

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 4 (Bernama) -- U Mobile Sdn Bhd is envisioned to compete more robustly and narrow the gap with other major players in the country, creating a more equitable landscape in Malaysia's telecommunications sector.

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.

CelcomDigi Committed To Nation’s Transformation Into 5G AI-Powered Digital Society

KUALA LUMPUR, Nov 3 (Bernama) -- CelcomDigi remains committed to the sustainability of the industry and driving the nation’s transformation into a 5G-artificial intelligence (AI) powered digital society.

U Mobile To Reduce Foreign Majority Shareholdings To 20 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- U Mobile Sdn Bhd, which has been selected to implement the country’s second 5G network, will reduce its foreign majority shareholding to 20 per cent to ensure greater Malaysian control and invite participation from local investors.

Bursa Malaysia Ends Morning Session In Positive Territory

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, taking cues from the optimism in US markets overnight.

Bursa Malaysia Ends Lower In Sync With Most Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. 

FBM KLCI Pares Gains But Stays In Positive Territory

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia pared gains but stayed in positive territory at the close on Monday, on buying interest in banking, telecommunications and commodity-related stocks.