Axiata Shareholders Approve XL Axiata-Smartfren Merger
KUALA LUMPUR, March 24 (Bernama) -- Axiata Group Bhd’s shareholders have approved the proposed merger between PT XL Axiata (XL Axiata) and PT Smartfren Telecom Tbk (Smartfren).
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Bursa Malaysia Ends At Intraday Low, CI Down 0.70 Pct
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia ended at an intraday low today weighed down by persistent selling in selected heavyweights, led by utilities, telecommunications and media, as well as financial services sectors.
Bursa Malaysia Remains Lower At Midday
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia remained lower at midday on selling pressure in selected heavyweights, led by the utilities, consumer products and services as well as transportation and logistics sectors.
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.
Bursa Malaysia Ends Marginally Lower On Concerns Over Trump's Tariffs
KUALA LUMPUR, Feb 10 (Bernama) -- Gains in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.
Bursa Malaysia Pares Loss As Banking And Telecom Stocks Recover
KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia pared losses mid-afternoon as telecom and banking counters continued their mild recovery.
Bursa Malaysia Trims Losses At Midday With CI Down 1.9 Pts
KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia trimmed its losses at midday, supported by gains in telecommunication heavyweights amid persistent concerns about United States (US) inflation and President Donald Trump’s reciprocal tariff threat.
Malaysia, Indonesia Committed To Ensure Continued Cooperation Between Petronas And Pertamina -- PM Anwar
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia and Indonesia remain committed to ensuring continued cooperation between the countries’ oil giants Petroliam Nasional Bhd (Petronas) and PT Pertamina (Persero).
U Mobile Likely To Collaborate To Defray 5G Capex Estimated At RM3 Bln-RM4 Bln -- RHB Investment Bank
KUALA LUMPUR, Jan 10 (Bernama) -- U Mobile Sdn Bhd is likely to enter into network collaborations to defray 5G capital expenditure (capex) estimated at RM3 billion-RM4 billion following its selection as the second 5G network access provider, said RHB Investment Bank Bhd.
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.
Axiata Shares Rises As Earnings Meet Market Expectations
KUALA LUMPUR, Nov 29 (Bernama) -- Axiata Group Bhd’s shares rose 3.4 per cent early Friday after the company's earnings for the third quarter of the financial year 2024 (3Q FY2024), in line with market expectations.
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.