12d ago
KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia rebounded from Tuesday’s losses to open higher on Wednesday despite weakness on Wall Street, as concerns over higher crude oil prices intensified amid escalating tensions in West Asia, an analyst said.
13d ago
KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.
13d ago
KUALA LUMPUR, Sept 8 (Bernama) -- Favelle Favco Bhd (FFB) has secured purchase orders worth a combined RM131.7 million from four clients to supply tower and offshore cranes.
13d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.
14d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Hengyuan Refining Company Bhd (HRC) has entered into a binding term sheet with Shell Malaysia Trading Sdn Bhd (SMT) and Shell Timur Sdn Bhd (STSB) (collectively, Shell) for the renewal of the long-term product offtake agreement for a 10-year tenure.
14d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Malaysia has yet to decide whether to implement a compulsory carbon tax for the aviation sector, although the country remains committed to the International Civil Aviation Organisation’s (ICAO) goal of achieving net-zero carbon emissions by 2050, said Transport Minister Anthony Loke Siew Fook.
14d ago
By Rosemarie Khoo & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.
14d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Local institutions extended their net buying streak on Bursa Malaysia to six consecutive weeks, recording net inflows of RM120.3 million last week, according to MBSB Investment Bank Bhd (MBSB IB).
14d ago
KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia opened higher on Monday, in line with the positive performance in some regional markets.
15d ago
KUALA LUMPUR, Sept 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, buoyed by expectations of a potential United States (US) interest rate hike following stronger-than-expected US non-farm payrolls (NFP) data.
15d ago
By Nurul Hanis Izmir
PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.
16d ago
KUALA LUMPUR, Sept 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade firmer next week, in line with expectations of the positive momentum in the underlying cash market.