O&G Counters Remain In Focus Amid Persistent Oil Market Risks

KUALA LUMPUR, Sept 15 (Bernama) -- Oil and gas (O&G) counters remained in focus with investment banks maintaining a positive stance on the sector.

Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.

FBM KLCI Snaps Four-day Losing Streak, Closes At Intraday High

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia’s barometer index closed at an intraday high and snapped a four-day losing streak on Monday, as bargain hunting emerged following recent weakness, with half of the key index components advancing.

Yes Group Receives Nod For Listing On Bursa Malaysia's ACE Market

KUALA LUMPUR, Sept 14 (Bernama) -- Customised incentive travel solutions provider Yes Group Management Bhd (Yes Group) has received Bursa Malaysia Securities Bhd’s approval for its listing on the ACE Market.

Bursa Malaysia Up 0.42 Pct At Midday On Bargain Hunting

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia closed the morning trading session 0.42 per cent higher, lifted by bargain hunting in selected heavyweights after trading bearish for most of last week.

IHH's Share Price Up 1.43 Pct Despite Fortis Mandatory Tender Offer Approval Delay

KUALA LUMPUR, Sept 14 (Bernama) -- IHH Healthcare Bhd’s share price rose 1.43 per cent to RM7.77 despite the company reporting losses stemming from delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare.

Hextar Industries Falls After RM178 Mln Llaollao Deal Terminated

KUALA LUMPUR, Sept 14 (Bernama) -- Hextar Industries Bhd’s share price fell in early trading on Monday after its RM177.48 million deal to acquire a 51 per cent stake in the Malaysian master franchisee of llaollao frozen yoghurt was terminated.

United Asiapac Energy To Expand Well Intervention Services

KUALA LUMPUR, Sept 14 (Bernama) -- Sarawak-based oil and gas (O&G) services firm, United Asiapac Energy Bhd, is set to further expand its well intervention services business in East Malaysia following its debut on the ACE Market of Bursa Malaysia today.

Bursa Malaysia Opens Lower Extending Last Week's Losses

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia opened lower on Monday, extending last week’s bearish performance in line with a weaker regional trend, said an analyst.

Islamic Finance Principles Can Lead Way In Sustainable Investment, Says Sultan Nazrin

KUALA LUMPUR, Sept 12 (Bernama) -- The principles of Islamic finance can lead the way in sustainable investment as the world seeks to mobilise the vast amounts of capital needed to address the climate crisis, said the Sultan of Perak, Sultan Nazrin Muizzuddin Shah.

IHH Says Fortis Acquisition Delays Caused Losses Amid Daiichi Sankyo Dispute With Debtors

KUALA LUMPUR, Sept 11 (Bernama) -- IHH Healthcare Bhd said it suffered losses due to delays in obtaining the required mandatory tender offer (MTO) approvals for its acquisition of Fortis Healthcare amid a dispute between Japanese pharmaceutical company Daiichi Sankyo Co Ltd and its “judgment debtors.”

Bursa Malaysia Ends Week Sharply Lower Amid Regional Selloff

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished the week sharply lower on Friday amid another round of selling across regional markets, as persistently high crude oil prices continued to weigh on market sentiment, an analyst said.