Bursa Malaysia Rebounds To End At Intraday High On Bargain Hunting, Ci Up 1.32 Pct

KUALA LUMPUR, Feb 26 (Bernama) -- Bursa Malaysia snapped two days of losses to end at its intraday high today, with the composite index gaining 1.32 per cent, driven by bargain hunting following the recent heavy sell-off. 

Axiata Returns To The Black With RM946.82 Mln Net Profit In FY2024

KUALA LUMPUR, Feb 26 (Bernama) -- Axiata Group Bhd returned to the black after posting a net profit of RM946.82 million in the financial year ended Dec 31, 2024 (FY2024), against a net loss of RM1.99 billion in the FY2023.

TM Net Profit Rises 7.8 Pct To RM2 Bln, Declares 2nd Interim And Special Dividends 

KUALA LUMPUR, Feb 25 (Bernama) -- Telekom Malaysia Bhd’s (TM) net profit rose 7.8 per cent to RM2.01 billion for the financial year ended Dec 31, 2024 (FY2024) from RM1.87 billion recorded a year ago, due to lower net finance costs and the recognition of remaining one-off tax credits.

Bursa Malaysia Ends Lower In Sync With Regional Market

By Karina Imran

KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia extended its losses for a second straight day today, in tandem with the weak regional market performance following negative cues from global equities, said an analyst.

Bursa Malaysia Ends Lower In Tandem With Most Regional Peers 

By Karina Imran

KUALA LUMPUR, Feb 24 (Bernama) -- Bursa Malaysia ended in negative territory on Monday after a lacklustre trading session in tandem with the downbeat performance in most regional markets.

FBM KLCI Expected To Remain Range-bound Between 1,570 And 1,600 Next Week

KUALA LUMPUR, Feb 22 (Bernama) -- Bursa Malaysia’s main index is expected to trade within a range of 1,570-1,600 next week, due to a lack of fresh catalysts, an analyst said.

Bursa Malaysia Rebounds To End At Intraday High On Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia rebounded to end at an intraday high today as bargain hunting emerged following a series of sell-offs, amid the upbeat regional market performance.

SeRenE, Megamas Resources Partner To Establish Semarak MIS JV

KUALA LUMPUR, Feb 21 (Bernama) -- Semarak Renewable Energy Sdn Bhd (SeRenE) has inked a memorandum of agreement (MoA) with Megamas Resources, a Singapore-based marine and offshore services provider, to establish a new joint venture company, Semarak MIS Sdn Bhd. 

Bursa Malaysia Ends Lower Amid Cautious Regional Sentiment

KUALA LUMPUR, Feb 20 (Bernama) -- Bursa Malaysia ended lower for the second consecutive day on Thursday, dragged down by weakness in selected Petronas-related, telco and banking heavyweights, reflecting the cautious sentiment that continues to weigh on regional markets.

Bursa Malaysia Ends Lower On Cautious Sentiment Ahead Of US FOMC Meeting Minutes

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia pulled back from yesterday’s modest gains to close slightly lower on Wednesday, with weakness observed in more than half of the key index components, as investor sentiment remained uncertain ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.

Late Buying Lifts Bursa Malaysia To End At Intraday High

KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia’s main index pared its earlier losses to end at its intraday high on Tuesday, driven by late buying in heavyweights and in line with most regional markets.

Maxis' FY2024 Net Profit Jumps 40.6 Pct To RM1.4 Bln, With Service Revenue At Record High

KUALA LUMPUR, Feb 18 (Bernama) -- Maxis Bhd chalked up a 40.6 per cent surge in net profit for the financial year ended Dec 31, 2024 (FY2024) to RM1.4 billion versus RM993 million in the previous year, bolstered by stronger revenue growth and cost optimisation.