Bursa Malaysia Ends Morning Session Lower On Continuous Profit-Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia remained lower at midday due to continuous profit-taking after hitting a four-day high.

Gamuda's Shares Up After Securing Taiwan MRT Contract

KUALA LUMPUR, Oct 15 (Bernama) -- Gamuda Bhd’s shares rose on Bursa Malaysia after announcing that its joint venture (JV) with Taiwan-based MiTAC Information Technology Corp has secured a RM3.7 billion contract to build the Keelung Mass Rapid Transit (MRT) system and trackwork in Taiwan.

Bursa Malaysia Stays Lower At Mid-Morning On Profit-Taking

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia remained in negative territory at mid-morning as profit-taking in heavyweight stocks, particularly plantation counters, kept the benchmark index lower despite a partial recovery from its earlier losses.

Bursa Malaysia Opens Lower, Tracking Wall Street Decline

KUALA LUMPUR, Oct 15 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking losses on Wall Street, as hotter-than-expected US inflation and renewed expectations of further Federal Reserve (Fed) monetary tightening weighed on investor sentiment and threatened to dampen regional risk appetite.

Genting To Allocate RM280 Mln From Rights Issue For Interest, Financing Costs

KUALA LUMPUR, Oct 14 (Bernama) -- Genting Bhd has earmarked RM280 million from its proposed RM1.25 billion renounceable rights issue to pay interest and other financing-related costs on the group’s borrowings and funding arrangements.

CPO Futures Close Higher On Stronger Export Demand, Energy Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains to close higher for the third consecutive day on Wednesday, supported by stronger October export demand.

Allocate Existing Tech Fund To Support Penang's Financial Hub Development -- Chow

KUALA LUMPUR, Oct 14 (Bernama) – A proposal to allocate a portion of existing technology and semiconductor funds to Malaysian technology companies via the Penang Technology Financial Centre (PTFC) — thereby supporting Penang's development as the nation's technology financial hub — was among the points raised at the policy-level debate on the Supply (Budget) Bill 2027 in the Dewan Rakyat today.

FBM KLCI Expansion To Better Reflect Malaysia’s Economy, Stock Weighting Impact Manageable -- AHAM Capital

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 14 (Bernama) -- The expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents is expected to provide a more accurate representation of Malaysia’s domestic economy.

Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Wednesday, tracking losses on the US Commodity Exchange (COMEX).

KLCI Futures End Mostly Higher

KUALA LUMPUR, Oct 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday, tracking the underlying cash market’s performance.

JAG Acquires 6.17 Pct Stake In Australia-Listed Metal Bank

KUALA LUMPUR, Oct 14 (Bernama) -- JAG Bhd’s wholly-owned subsidiary, JAG Capital Equity Sdn Bhd, is subscribing to new shares representing 6.17 per cent of the enlarged issued share capital of Australia-listed gold exploration and development company Metal Bank Ltd for A$752,400 (about RM2.15 million).

Bursa Malaysia Extends Winning Streak To Four Days As Bargain Hunting Continues

By Siti Noor Afera Abu & Naveen Prabu

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s index extended its winning streak to four consecutive days, ending higher on Wednesday, as bargain hunting continued in banking heavyweights, with the market remaining largely in positive territory throughout the trading session.