The FBM KLCI was little changed in early trade on Wednesday although it held firm above the 1,600-point level.

KLCI little changed in early trade, hovers above 1,600 resistance level

Bursa Malaysia opened lower on Tuesday, taking a cue from the negative developments on Wall Street overnight due to escalating tensions in the Middle East, coupled with persistent inflation in the US as indicated by stronger-than-expected March retail sales.

Bursa tracks weaker Wall Street showing to open lower 

Caution reined on Bursa Malaysia as stocks stayed flat in early trade on Monday.

Bursa starts week on cautious mode, stays flat

Stocks on Bursa Malaysia climbed higher in line with regional gains.

At 9.30am on Friday, the FBM KLCI had added 0.21% or 3.20 points to 1,548.69. It opened higher at 1,546.35.

KLCI climbs up in tandem with regional gains

The FBM KLCI drifted lower in early trade on Thursday, weighed by select index-linked constituent stocks.

At 9.10am, the benchmark index had dipped 0.18% or 2.75 points to 1,549.65.

KLCI drifts lower as select constituent stocks weigh

The benchmark FBM KLCI retreated in early trade on Wednesday, in tandem with regional markets, following the overnight dip on Wall Street.

At 9.05am, the FBM KLCI had dipped 0.36% or 5.54 points to 1,550.05.

Stocks on Bursa retreat in line with regional drop

Stocks on Bursa Malaysia retreated slightly in early trade on Tuesday, as the stocks traded within a tight range, mirroring regional markets.

At 9.05am, the FBM KLCI had shed 0.04% or 0.64 point to 1,537.97.

KLCI down marginally as stocks trade within tight range in line with region

Stocks on Bursa Malaysia got off to a lacklustre start on Monday morning, against the backdrop of slower-than-expected economic growth of 3% year-on-year in the fourth quarter of 2023.

Bursa gets off to lacklustre start on weaker-than-expected economic growth

The local equity market got off to a shaky start on the first trading day following the 15th general election (GE15), and fell more than 1%, as the political impasse with a hung Parliament rattled investor nerves.

KLCI down more than 1%, gaming stocks fall as hung Parliament rattles investors

Bursa Malaysia opened higher on Friday (Nov 11), surpassing the 1,460-point level, as investors bet that the US Federal Reserve would be less aggressive in its tightening policy due to lower-than-expected US inflation data in October, a dealer said.

Bursa crosses 1,460 points in early trade

Bursa Malaysia opened on a positive note in the early morning session on Thursday (Sept 29), tracking an improved Wall Street performance overnight.

Bursa higher in early trade

KUALA LUMPUR (May 19): Stocks on Bursa Malaysia got off to a lacklustre start on Thursday (May 19), tracking the overnight rout at Wall Street.

At 9.01am, the FBM KLCI fell 6.71 points to 1,548.2.

The top losers included Nestle (Malaysia) Bhd, Malaysian Pacific Industries Bhd,...

Bursa Malaysia starts off on lacklustre note, tracks Wall Street losses 

Bursa Malaysia opened lower in early trade on Wednesday (Jan 19) on the back of persisting volatility in the market.

Bursa opens lower on persisting volatility

The FBM KLCI fell more than 20 points in Monday (Nov 1) morning trade as investors evaluated the government’s Budget 2022 proposals which include the implementation of a special one-off tax on companies which report annual taxable income of more than RM100 million.

KLCI down over 20 points as investors weigh Malaysia’s Budget 2022 proposals

Global fabless semiconductor companies and foundries rely on their production and assembly facilities in East Asia and Southeast Asia to manufacture 73% of their chips and semiconductor equipment. East Asian countries such as Japan, South Korea, China and Taiwan have developed a mature chip ecosy...

Condivergence: Chip packaging’s place in Malaysia’s semiconductor strategy

(Oct 23): Donald Trump has rejoined the Bloomberg Billionaires Index for the first time since Aug. 6 as his media startup’s stock surges alongside his odds in political betting markets.

The former president’s fortune rose to $6.5 billion Tuesday, ranking him 481st on the l...

Trump enters world’s 500 richest list for first time in 11 weeks

Investors counting on corporate results to give China’s stock rally a fresh leg up may have to look beyond the current quarter for clues, given an ailing economy and constraints on stimulus efforts.

While forward earnings per share projections for members of China’s benchmark CSI 300 Index have seen an upward revision of about 1.5% since a September trough, they remain close to a six-year low, Bloomberg-compiled data show. The gauge has pared some gains from a 35% surge since the September low as traders await further fiscal measures.

China’s historic stock jump unlikely to find support in earnings

Analysts have raised their earnings forecasts and target prices (TPs) after Gamuda Bhd (KL:GAMUDA) grew its order book to RM28.7 billion after securing a NT$32 billion (RM4.3 billion) contract for the Xizhi Donghu Mass Rapid Transit (MRT) project in Taiwan.

Analysts raise forecasts after Gamuda boosts order book to RM28.7b with Taiwan MRT job

US billionaire entrepreneur Elon Musk warned of the risk of the United States going bankrupt if government spending is not cut, reported Sputnik, reported by Bernama-Sputnik.

Musk warns of risks of US going bankrupt — report

Malaysia Airlines Bhd (MAB) has expressed its commitment to focusing on improving training and recruitment to address the increasing demand and complexity of modern aircraft.

The Ministry of Finance (MoF) said that MAB has also strengthened its competitive salary offerings to attract new workers and retain existing employees while also implementing a recruitment process directly from the market.

MAB focuses on enhancing training, hiring workers to address demand, modern aircraft

Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for US$23.5 million (RM101.99 million) in cash and over US$63 million in debt relief, cancelling its plans for an open-market auction of its assets.

Tupperware cancels auction, agrees to lender takeover

Three companies had met all the requirements to participate in the online bidding on June 16, 2024 for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).

The Ministry of Energy Transition and Water Transformation (PETRA) said that two Singaporean companies were successful in their bid to secure 100 megawatts (MW) of green electricity, with cross-border supply agreements currently being finalised.

Three companies qualify for online bid to supply renewable energy

South Africa sees Russia as a valued ally, President Cyril Ramaphosa said at a bilateral meeting with Russia's Vladimir Putin on Tuesday, on the eve of the BRICS summit of emerging economies that will take place in the Russian city of Kazan.

South Africa sees Russia as a valued ally, Ramaphosa tells Putin

The last time US government bonds sold off this much as the Federal Reserve started cutting interest rates, Alan Greenspan was orchestrating a rare soft landing.

Treasuries plunge like it’s 1995 as traders see soft landing

Stocks struggled in late hours after downbeat news from some key American companies, with traders also mulling prospects for a slower pace of Federal Reserve rate cuts.

A US$600 billion exchange-traded fund tracking the S&amp;P 500 (SPY) wavered after the close of regular trading.

Stocks struggle in late hours as McDonald’s slumps

Gold prices jumped to record high and the dollar was on the rise again on Wednesday, keeping the pressure on the yen and the euro, while stocks in Asia stuttered as investors were reluctant to place major bets ahead of a hotly contested US election.

Stocks stumble, dollar and gold rise as traders weigh US rates, election

In April, sovereign fund Khazanah Nasional Bhd announced RM1 billion in ‘national fund-of-funds’ initiatives at the KL20 Summit to support local venture capital funds and attract international managers. With the increased interest from both domestic and foreign investors in Malaysia’s start-up ecosystem, a crucial question arises: Are there enough investment- or IPO-ready private companies in the country?

Are Malaysian private companies investment-ready?

Chinese President Xi Jinping told Russia's Vladimir Putin that the international situation was gripped by chaos but that Beijing's strategic partnership with Moscow was a force for stability amid the most significant changes seen in a century.

Xi tells Putin the world is in chaos but friendship with Russia will endure

HSBC Holdings plc’s new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and investors.

HSBC revamp by new CEO Elhedery stumps staffers, investors alike

&nbsp;Top financial regulators around the globe are voicing concern about private credit valuations, whether lenders are hiding troubled loans, and the deep entanglement between private markets and insurance money.&nbsp;

“Valuation risks are where we see a core issue,” Andrew Dean, the co-chief of the Division of Enforcement Asset Management at the US Securities and Exchange Commission, said.

Top regulators call out valuation risks in private credit

The International Monetary Fund (IMF) said the US election is creating “high uncertainty” for markets and policymakers, given the sharply divergent trade priorities of the candidates.

US election creates ‘high uncertainty’ for fragile markets, IMF says

A total of 7,400 companies have adopted the e-invoice system, with 58 million e-invoices issued as of Oct 14, according to the Ministry of Finance (MOF).

This reflects the positive reception among companies in complying with the implementation of e-invoicing, the ministry said.

7,400 companies using e-invoice system, 58 mil e-invoices issued as at Oct 14 — MOF

Japan’s 40-year government bond yield climbed to its highest level in 16 years amid growing speculation that the nation’s central bank will push ahead with interest rate increases in coming months.

Japan’s 40-year yield rises to highest since 2008 on BOJ outlook

Three companies had met all the requirements to participate in the online bidding on June 16, 2024 for a pilot project to supply renewable energy (RE) across borders to Singapore via Energy Exchange Malaysia (ENEGEM).

The Ministry of Energy Transition and Water Transformation (PETRA) said that two Singaporean companies were successful in their bid to secure 100 megawatts (MW) of green electricity, with cross-border supply agreements currently being finalised.

Tokyo Metro Co’s stock soared 36% in its trading debut on Wednesday after the initial public offering (IPO) drew strong demand from investors.

Tokyo Metro shares soar 36% on trading debut after strong IPO

Arm Holdings plc is cancelling a licence that allowed longtime partner Qualcomm Inc to use Arm intellectual property to design chips, escalating a legal dispute over vital smartphone technology.

Arm to cancel Qualcomm chip design licence in escalation of feud

The institutional reform agenda, the construction of a new nuclear reactor and the misappropriation of subsidised diesel in the country will be among the matters discussed in the Dewan Rakyat on Wednesday.

Institutional reform agenda among highlights of Parliament on Wednesday

One person died and dozens fell ill from E coli infections linked to McDonald's Quarter Pounder hamburgers in 10 states, led by Colorado, where 26 people were sickened, the US Centers for Disease Control said on Tuesday.

E coli outbreak tied to McDonald's Quarter Pounder kills one, sickens dozens in US

The chief executive officer (CEO) of GISB Holdings Sdn Bhd (GISBH) and his wife are among 22 individuals who will be charged in the Selayang Sessions Court on Wednesday.

According to Inspector-General of Police Tan Sri Razarudin Husain, all of them will be charged under Section 130V (1) of the Penal Code for being members of an organised crime group.

Top GISBH leader, wife among 22 individuals to be charged on Wednesday

Bankrupt Tupperware Brands agreed on Tuesday to sell its business to a group of lenders for US$23.5 million (RM101.99 million) in cash and over US$63 million in debt relief, cancelling its plans for an open-market auction of its assets.

The last time US government bonds sold off this much as the Federal Reserve started cutting interest rates, Alan Greenspan was orchestrating a rare soft landing.

Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the US as he rallied voters in a crucial swing state with just two weeks until Election Day.

Trump excludes Asian, European cars from vehicle tax-break plan

Bank of America Corp chief executive officer Brian Moynihan has urged Federal Reserve (Fed) policymakers to be measured in the magnitude of interest rate reductions.

Bank of America CEO urges Fed to not go too hard on rates

US billionaire entrepreneur Elon Musk warned of the risk of the United States going bankrupt if government spending is not cut, reported Sputnik, reported by Bernama-Sputnik.

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