1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Gamuda Bhd’s share price on Bursa Malaysia was higher at mid-morning after its consortium was appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia recovered from yesterday's sharp losses, thanks to bargain hunting among blue chip stocks, despite mixed Wall Street performance overnight.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia continued its downtrend at mid-afternoon as selling persisted in the utilities and financial services sectors.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia ended the morning session in the red due to continuous selling in heavyweight stocks, led by utilities and financial services counters.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia’s benchmark index opened lower on Monday, tracking Wall Street’s losses as markets anticipated a further slowdown in the US Federal Reserve’s interest rate easing cycle.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Bursa Malaysia rebounded to positive territory in early Friday trading, driven by bargain hunting as investors seized opportunities after recent declines.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia opened higher on Thursday but retreated thereafter due to extended profit taking in selected heavyweights as investors remained on the sidelines due to the lack of fresh leads, dealers said.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- Bursa Malaysia closed the midday session lower due to continuous selling in selected heavyweights and small-caps stocks amidst mixed sentiment in regional peers.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).