Banking Stocks Drag Bursa Malaysia Below 1,600 Level

KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.

Axiata Returns To Black With RM976.67 Mln Net Profit In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.

Bursa Malaysia Higher At Midday, In Sync With Regional Market Trends

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index turned higher at midday, in tandem with regional market trends and ongoing buying in selected heavyweights, particularly in the industrial products and services, as well as the financial services sectors. 

Bursa Malaysia Opens Higher Tracking Wall Street

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia's key index was higher in early trade today, tracking Wall Street which closed on a strong note with the Dow Jones Industrial Average (DJIA) hitting a record high of 44,000 last Friday as stocks stayed firmly bullish, said an analyst. 

Axiata Group's Hans Wijayasuriya To step Down And Become Chief Advisor To Sri Lankan President

KUALA LUMPUR, Nov 1 (Bernama) -- Axiata Group Bhd (Axiata) chief executive officer of telecommunications business and group executive director Dr Hans Wijayasuriya will step down from the company on Jan 15, 2025, having accepted an invitation to be the chief advisor to the Sri Lankan President on digital economy.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Bursa Malaysia Trims Loss At Midday, Bargain Hunting Lifts Key Index Above 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks. 

Bursa Pares Some Losses, Trades Remain Below 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index reversed some of its losses at mid-morning as some blue-chips and mid-caps recovered from earlier weaknesses, led by Axiata and SD Guthrie.

Bursa Malaysia Ends Higher On Budget 2025 Optimism

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia ended the week on a higher note buoyed by optimism surrounding Budget 2025 and widespread buying across the board, said an analyst.

Bursa Malaysia Higher Across The Board At Midday

KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia was higher across the board at midday today, in line with most regional peers and tracking Wall Street’s positive overnight performance, said an analyst. 

Bursa Malaysia Opens Higher On Mild Bargain Hunting

KUALA LUMPUR, Oct 17 (Bernama) -- Bursa Malaysia opened higher as mild bargain hunting emerged in most heavyweights led by consumer and industrial products and services stocks, said an analyst.

Bursa Malaysia Opens Higher On Robust US Stock Market

 KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened higher today on the back of robust US stock performance overnight, said an analyst.