Bursa Malaysia Closes Lower Amid Continued Profit-taking
By Abdul Hamid A Rahman
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia closed lower on Wednesday on profit-taking activity, extending its loss for the second straight session.
| LATEST NEWS | Ringgit eased to 3.9415/9480 against US dollar at the close from 3.9395/9465 on Wednesday | MADANI Govt is committed to enhancing grants to all states every year, benefitting all the people regardless of state -- PM Anwar | In conjunction with Visit Malaysia 2026, the federal government will channel 100 per cent of Tourism Tax collections to the respective states -- PM Anwar | The Federal Govt expects to provide state development grants totalling RM10.5 bln this year compared with RM10.3 bln in 2025 -- PM Anwar | Bank Negara Malaysia maintains the Overnight Policy Rate at 2.75 pct at its Monetary Policy Committee meeting today | |
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Bursa Malaysia Ends Morning Session Flat
KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia ended the morning trading session slightly lower, weighed down by selling pressure in selected heavyweight counters, particularly in the utilities, transportation, and healthcare sectors.
Globaltec To Generate First Revenue From Indonesian Coalbed Methane Venture This Year
From Nur Aiman Najwa Dzamae
JAKARTA, Jan 8 (Bernama) -- Globaltec Formation Bhd’s 70 per cent-owned subsidiary NuEnergy Gas Ltd expects its coalbed methane (CBM) venture in Indonesia to yield its first revenue of about US$2 million (US$1=RM4.05) this year, driven by initial gas production from the Tanjung Enim Plan of Development 1 (POD 1) in South Sumatra.