Renewed Bargain Hunting Lifts Bursa Malaysia, CI Up 1.25 Pct

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia started the final month of the year on a firmer footing, with the key index climbing 1.25 per cent at Monday’s close, supported by renewed bargain hunting and year-end portfolio rebalancing by institutional investors.  

Bargain-hunting Likely To Lift Bursa Malaysia Next Week

By Anas Abu Hassan

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia is expected to see bargain-hunting activity emerge next week after its recent consolidation, as investors reassess market sentiment ahead of key global macroeconomic signals.

Bursa Drifts Lower In Quiet Early Trade

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia’s benchmark index opened almost flat on Friday and drifted lower in early trade amid muted sentiment and the absence of fresh catalysts following Wall Street’s Thanksgiving closure.

Bursa Malaysia Pares Gains To Close Lower As Investors Sell Telecommunication Stocks

By Anas Abu Hassan

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia pared gains to end lower on Thursday, dragged down by selling in selected blue chips, especially those in the telecommunications sector, an analyst said.

GHS Holdings Receives Bursa Malaysia's Approval For ACE Market Listing

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia Securities Bhd has approved the listing of food product distributor and retailer Guan Huat Seng Holdings Bhd (GHS Holdings) on the ACE Market.

Bursa Malaysia Ends Easier In Consolidation Mode

By Anas Abu Hassan

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia closed lower in consolidation mode as investors continued to seek value on small-cap stocks amid cautious sentiment, despite mostly upbeat regional market performance, a dealer said.

SBS Nexus Inks Underwriting Agreement With M&A Securities For ACE Market IPO

KUALA LUMPUR, Nov 25 (Bernama) -- SBS Nexus has entered into an underwriting agreement with M&A Securities Sdn Bhd for the underwriting of 41.65 million new shares made available to the Malaysian public and eligible persons under pink form allocations for its upcoming initial public offering (IPO).

Polymer Link Targets Stronger Australia Returns With New Warehouse

KUALA LUMPUR, Nov 25 (Bernama) -- Plastic powder manufacturer Polymer Link Holdings Bhd expects a new warehouse in Australia, to be developed following its ACE Market debut, to bolster the group’s regional performance once operations begin.

Bursa Malaysia Opens Flat, Edges Higher In Early Trade

KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia opened almost flat on Tuesday and edged slightly higher in the early session amid renewed optimism, tracking Wall Street's overnight rally.

Semico Capital Inks Underwriting Agreement For IPO

KUALA LUMPUR, Nov 24 (Bernama) -- Semico Capital Bhd has signed an underwriting agreement with Affin Hwang Investment Bank Bhd for its upcoming initial public offering (IPO) en route to a listing on the ACE Market of Bursa Malaysia.

Bursa Malaysia's Key Index Regains Ground To End Marginally Higher

By Anas Abu Hassan

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia's benchmark index reversed earlier losses to close marginally higher on Monday, tracking positive movement on most regional markets amid renewed optimism on potential United States (US) interest rate cut.

Bursa Malaysia Likely To Trade Range-bound With Downside Bias Next Week - Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range with a downside bias next week amid heightened volatility in global markets, said an analyst.