By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 3 (Bernama) -- Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s overnight rally despite rising trade tensions between China and the United States (US).
From Nor Baizura Basri
SAN FRANCISCO, June 2 (Bernama) -- Snowflake, a global cloud computing company, views Malaysia as one of its top priority markets and among the most important economies in ASEAN for expanding operations, especially amid rising interest from the world’s top companies looking to invest in open data and data centres in the country.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 30 (Bernama) -- Bursa Malaysia failed to sustain earlier gains and ended the week on a weaker note, weighed down by continued selling pressure in heavyweight and midcap stocks amid downbeat regional sentiment.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia bucked the regional trend to settle lower on Thursday, as selling pressure in selected banking heavyweights dampened sentiment, in the absence of fresh domestic catalysts coupled with an unexciting batch of corporate earnings releases, said an analyst.
KUALA LUMPUR, May 28 (Bernama) -- Telekom Malaysia Bhd (TM) recorded a lower net profit of RM401.25 million in the first quarter ended March 31, 2025, compared with RM424.81 million in the corresponding quarter last year.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia failed to sustain earlier gains recorded for most part of the day to end lower on late selling, amid a mixed performance across regional markets.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 27 (Bernama) -- Bursa Malaysia ended lower as profit-taking in financial services counters weighed on the market, amid cautious sentiment across the regional market.
KUALA LUMPUR, May 27 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has been selected as a key technology partner by Tampnet, a global leader in offshore high-capacity connectivity, low-latency connectivity and network services.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed flat on Monday with the key index down slightly, weighed by selling in telecommunication counters.
KUALA LUMPUR, May 26 (Bernama) -- The government will ensure that telecommunication companies (telcos) deliver their promises of faster and cheaper services, guided by the Mandatory Standard on Access Pricing (MSAP), said Communications Minister Datuk Fahmi Fadzil.
KUALA LUMPUR, May 26 (Bernama) -- Local institutions ended their four-week selling streak in Bursa Malaysia with net inflows amounting to RM222.9 million last week, bringing their year-to-date (YTD) net buying to RM7.9 billion.
