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Market

Bursa Malaysia's Key Index Ends Morning Session Higher

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia’s key index ended the morning session higher, supported by bargain hunting in selected blue-chip stocks amid cautious regional sentiment.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Nov 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives traded lower in the early session today.

Ringgit Opens Higher On Expectations Of OPR Normalisation

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Monday, supported by expectations of a possible overnight policy rate (OPR) normalisation ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting this Thursday.

Corporate

WM Senibong Secures AA-IS Rating From Marc Ratings

JOHOR BAHRU, Nov 2 (Bernama) -- WM Senibong Berhad (WM Senibong) announced that its wholly owned subsidiary, WM Senibong Capital Bhd, had its AA-IS rating with a stable outlook affirmed by MARC Ratings Berhad for its Islamic medium-term notes under the Sukuk Wakalah programme of up to RM1 billion.

Equinix Appoints Effendi Azmi As Managing Director For Malaysia 

KUALA LUMPUR, Nov 2 (Bernama) -- The world’s digital infrastructure company, Equinix Inc, has appointed Effendi Azmi Hashim as managing director for Malaysia, effective immediately. 

Mi Technovation Shares Fall Following Singapore Property Acquisition

KUALA LUMPUR, Nov 2 (Bernama) -- Mi Technovation Bhd’s shares fell in early trade on Monday following the group’s planned acquisition of a freehold industrial building in Singapore for S$103.88 million (RM331.8 million).