FBM KLCI Hits Intraday High At The Close On Bargain-hunting Activities
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia’s benchmark index ended higher, amid an overall cautious market sentiment, on bargain-hunting activities, said an analyst.
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KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia’s benchmark index ended higher, amid an overall cautious market sentiment, on bargain-hunting activities, said an analyst.
KUALA LUMPUR, April 2 (Bernama) -- OCK Group Bhd does not anticipate any major long-term impact on its operations or business performance in Myanmar following the magnitude 7.7 earthquake that struck last Friday.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia closed lower today on profit-taking after a strong three-day rally, and investor sentiment was further shaken in the late afternoon session following news of an earthquake in Myanmar with tremors felt in neighbouring Thailand, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia stayed in negative territory at the midday break as profit-taking after recent rallies weighed on industrial product, telecommunication, and banking counters.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia extended its winning streak for a third consecutive day today, buoyed by renewed investor confidence and strategic repositioning, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.
By Rosemarie Khoo
KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia continued its upward trend for a second straight day today, thanks to buying in telecommunications and consumer stocks.
KUALA LUMPUR, March 26 (Bernama) -- Axiata Group Bhd and Sinar Mas announced that shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom (SmartTel) have formally approved the merger of the three companies into XLSMART.
KUALA LUMPUR, March 25 (Bernama) -- YTL Communications Sdn Bhd has inked two memorandums of understanding (MOUs) with Equinix Inc and Transcelestial to bring cutting-edge technology solutions to businesses in Malaysia by enhancing connectivity and artificial intelligence (AI) capabilities across the nation.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia closed higher today, boosted by bargain hunting following yesterday’s weakness and supported by positive cues from Wall Street overnight.
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia ended the morning session higher, buoyed by renewed buying in heavyweight banking and telecommunications stocks amid improved market sentiment.
KUALA LUMPUR, March 25 (Bernama) -- Malaysia should seize the opportunity to differentiate itself positively in political and policy stability among emerging markets (EMs) by accelerating foreign and domestic direct investment, leveraging a broadly favourable global backdrop.
By Abdul Hamid A Rahman
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia closed in negative territory today, erasing earlier gains as late selling pressure weighed on the market, while investors remained cautious ahead of upcoming tariff announcements by United States (US) President Donald Trump.