FBM KLCI Recoups Most Of Earlier Losses At Midday, Lifted By Public Bank, Axiata

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index recovered almost all of its earlier losses at midday, boosted mainly by Public Bank and Axiata.

Stronger Turnaround For Capital A In 4Q 2024 Expected -- Research Houses

KUALA LUMPUR, Nov 29 (Bernama) -- Research houses are anticipating a strong turnaround for Capital A Bhd in the fourth quarter of 2024 (4Q 2024), given the seasonally stronger demand and yields, lower jet fuel price and a weakened US dollar. 

FBM KLCI Futures Easier In Early Trade

KUALA LUMPUR, Nov 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were easier on Friday’s early trading.

Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.

Wasco Records Net Profit Of RM25.02 Mln In 3q

KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.

CPO Futures End Higher Due To Recent East Coast Flood

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 28 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued its rally for the fourth day to end higher on Thursday due to concerns about the recent east coast flood, a dealer said.

High-quality Corporate Reporting Helps Malaysia's Economy To 'Raise The Ceiling' - Amir Hamzah

KUALA LUMPUR, Nov 28 (Bernama) -- High-quality corporate reporting could play a role within the MADANI Economy framework, where Malaysia aims to 'raise the ceiling' by expanding the economic pie, fostering broader participation and increasing the complexity of our economy. 

Gold Futures Close Lower 

KUALA LUMPUR, Nov 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today amid subdued demand, despite positive momentum in the United States COMEX gold market.

EcoWorld's Unit Issues RM300 Mln Sukuk Wakalah

KUALA LUMPUR, Nov 28 (Bernama) -- Eco World Development Group Bhd’s (EcoWorld Malaysia) wholly-owned subsidiary, Eco World Capital Bhd, has issued a RM300 million sukuk wakalah.

TNB Net Profit Almost Doubles To RM1.58 Bln In 3Q Amid Higher Electricity Sales

KUALA LUMPUR, Nov 28 (Bernama) -- Tenaga Nasional Bhd’s (TNB) net profit almost doubled to RM1.58 billion in the third quarter ended Sept 30, 2024 (3Q 2024) from RM856.20 million in the same quarter last year, thanks to gains in foreign exchange translation, higher electricity sales and improved operational performance.

PPB Group 3Q Net Profit Falls To RM208.12 Mln

KUALA LUMPUR, Nov 28 (Bernama) -- PPB Group Bhd’s net profit fell to RM208.12 million in the third quarter ended Sept 30, 2024 (3Q 2024), from RM372.56 million posted in the same quarter last year.

FBM KLCI Futures Close Lower In Tandem With Cash Market

KUALA LUMPUR, Nov 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today in tandem with the underlying cash market.