A summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI down 0.85% to 1,618.30 on Oct 25, 2024

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Thursday.

FBM KLCI down 0.57% to 1,632.23 on Oct 24, 2024

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

FBM KLCI down 0.06% to 1,641.53 on Oct 23, 2024

A summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.

FBM KLCI down 0.19% to 1,642.54 on Oct 22, 2024

A summary of how key Bursa Malaysia indices and the ringgit performed on Monday.

FBM KLCI down 0.02% to 1,645.68 on Oct 21, 2024

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI up 0.28% to 1,645.99 on Oct 18, 2024

A summary of how key Bursa Malaysia indices and the ringgit performed on Thursday.

FBM KLCI up 0.54% to 1,641.44 on Oct 17, 2024

A summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday:

FBM KLCI down 0.57% to 1,632.63 on Oct 16, 2024

FBM KLCI up 0.33% to 1,641.97 on Oct 15, 2024

FBM KLCI up 0.18% to 1,636.54 on Oct 14, 2024

FBM KLCI down 0.45% to 1,633.55 on Oct 11, 2024 

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Thursday

FBM KLCI up 0.37% to 1,640.94 on Oct 10, 2024 

KUALA LUMPUR (Oct 9): Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.

FBM KLCI falls 0.04% to 1,634.91 on Oct 9, 2024

Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.

FBM KLCI up 0.02% to 1,635.62 on Oct 8, 2024 

THE fifth round of the large-scale solar programme, of which the winners will be announced as early as November, received the lowest bidding prices ever under the competitive bidding programme that was first started in 2016, sources say. The tender for LSS5 opened in April this year and closed in...

Record-low prices expected for LSS5 as solar panels at their cheapest now

KUALA LUMPUR (Oct 28): Malaysia has recorded delays in over 24% of flights operated within the period of January and August 2024, translating to 61,014 delays out of 258,116 flights, according to Deputy Transport Minister Hasbi Habibollah.

24% of flights delayed in January-August 2024, Dewan Rakyat told

Malaysia’s producer price index (PPI), which measures price changes of goods at the producer level, fell year-on-year by 2.1% in September after seven consecutive months of growth, according to the Department of Statistics Malaysia (DOSM).

Malaysia's PPI down in September after seven straight months of growth

SEPANG (Oct 28): Malaysia’s logistics ecosystem must extend beyond infrastructure to encompass training and workforce development, as the nation advances in automation and digitalisation, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar urges logistics players to prioritise training, workforce development amid digitalisation

Former Malaysian Bar president, Manjeet Singh Dhillon, passed away on Monday morning.

Manjeet, 82, was also a Sessions Court judge before going into private practice. He is said to have passed away at his Bukit Damansara residence.

He was president of the Malaysian Bar from 1991 to 1992.

Former Malaysian bar president, Manjeet Singh Dhillon passes away

A risk-on positioning in equities should be adopted as valuations typically expand in an environment of rate cuts and a soft landing, says Todd Jablonski, chief investment officer and global head of multi-asset and quantitative strategies at Principal Asset Management.

“We are not going...

Global equity valuations could remain high amid rate cuts, says Principal Asset Management

SINGAPORE (Oct 28): PetroChina is set to shut its largest refinery in north China's Dalian around mid-2025, marking the first major closure at a state-run oil plant, part of a long-mooted project to replace it with a smaller facility at a new site, sources said.

PetroChina set to shut top north China refinery in 2025 — Reuters

theedgemalaysia.com highlighted two stocks with positive momentum and none with negative momentum at Bursa Malaysia's afternoon close on Monday.

Stocks with momentum on Oct 28, 2024: Yew Lee and Gopeng

SEPANG (Oct 28): DAP secretary general Anthony Loke Siew Fook dismissed former prime minister Datuk Seri Najib Razak’s recent apology regarding the 1MDB scandal, calling it irrelevant.

Loke: Najib’s apology over 1MDB scandal irrelevant, a crime is a crime

A month ago, The Edge in this same column wrote about how FGV Holdings Bhd (KL:FGV) cannot run without a CEO. This followed news that its CEO Datuk Mohd Nazrul Izam Mansor’s term had come to an end on Sept 1.

Frankly Speaking: Empty at the top: Key positions in executive and judiciary vacant

Occupying the top three floors of an unremarkable office building in northern Mumbai, there’s little to distinguish Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighbourhood of India’s largest metropolis humming throughout the day.

Indian pharma firm shipping Nvidia AI chips from Malaysia to Russia — Bloomberg

Sorento Capital Bhd (KL:SORENTO) staged a muted Monday debut on ACE Market following the bathroom ware firm’s initial public offering (IPO) that raised&nbsp;some RM85 million.&nbsp;

Sorento Capital stages muted debut on ACE Market

KUALA LUMPUR (Oct 28): BlackBerry Ltd has chosen Cyberjaya,&nbsp;Selangor as headquarters for its cybersecurity operations in the Asia-Pacific (Apac), according to a press release on Monday. &nbsp;

Blackberry picks Cyberjaya as HQ for Asia-Pacific cybersecurity ops

SEPANG (Oct 28): DAP secretary general Anthony Loke Siew Fook dismissed former prime minister Datuk Seri Najib Razak’s recent apology regarding the 1MDB scandal, calling it irrelevant.

Logistics provider DHL Express has invested €60 million (RM300 million) in its fully automated sorting system, located at the Kuala Lumpur International Airport (KLIA), which it claimed to be the first of its kind in Southeast Asia to speed up cross-border shipping capacity.

DHL Express unveils RM300m new facility with automated sorting system at KLIA

The yen hit a three-month low on Monday, as Japan's ruling party lost its parliamentary majority, while oil tumbled after Israel's weekend strike on Iran bypassed oil or nuclear targets.

Oil slides on Mideast respite; yen down as Japan's govt loses majority

Frozen food distributor Supreme Consolidated Resources Bhd (KL:SUPREME) has set its initial public offering (IPO) price at 25 sen per share, according to its prospectus launched on Monday.

Supreme Consolidated sets IPO price at 25 sen, applications to close on Nov 15

Mah Sing Group Bhd (KL:MAHSING) has signed a second partnership with Bridge Data Centres Malaysia Sdn Bhd, a company wholly owned by Bain Capital, to expand a joint-venture (JV) data centre project named Mah Sing DC Hub@Southville City at the Southville City township in Bangi, Selangor.

Mah Sing, Bridge Data Centres to expand data centre project in Southville City, Selangor

KUALA LUMPUR (Oct 28): The reinstatement of five stations on the LRT3 line in Shah Alam, Selangor is expected to cost RM5.3 billion, higher than initially estimated, says Deputy Transport Minister Hasbi Habibollah.

Revival of five LRT3 stations now estimated to cost RM5.3b, says deputy minister

Japan faces political instability after a gamble by Prime Minister Shigeru Ishiba to call a snap election backfired with the ruling coalition failing to win a majority in Parliament for the first time since 2009.&nbsp;

Japan faces political upheaval as LDP coalition loses majority

Sectors with the highest net foreign outflows were utilities (RM266.9 million), technology (RM50.9 million), and telecommunications and&nbsp;media (RM45.7 million).

Foreign investors reverted to net selling at RM196.2m last week — MIDF

Local digital games which have received funding from the Malaysian Digital Economy Corporation (MDEC), and the latest status of five Light Rail Transit Line 3&nbsp;(LRT3) stations, are among the key issues to be discussed at Monday’s Dewan Rakyat sitting.

MDEC-funded digital games, status of five LRT3 stations in focus for the day

The US bond market, already stung by the worst selloff in six months, now heads into a crucial two-week stretch that will likely chart its course for the rest of the year.

A 10-day test is coming for bond market battered by selloff

OMS&nbsp;Group, a KKR-backed Malaysian subsea digital infrastructure company, said on Monday it had signed a contract with Dutch maritime firm Royal IHC for the construction of a series of cable-laying vessels.

KKR-backed OMS signs contract for cable-laying vessels with Dutch firm

The International Monetary Fund (IMF) shaved its global growth forecast for next year, citing accelerating risks from wars and trade protectionism.

Meantime, the Bank of Canada stepped up the pace of interest-rate cuts and signalled that the post-pandemic era of high inflation is over. Policymakers lowered the benchmark overnight rate by 50 basis points, the most since March 2020, to 3.75%.

Charting the global economy: IMF lowers global growth forecast

The government reaffirmed that it will not allow withdrawals from the primary Account 1 of the Employees Provident Fund (EPF) for the haj pilgrimage, and does not intend to change the policy.

Govt maintains no withdrawal for haj pilgrimage from EPF Account 1

KUALA LUMPUR (Oct 28): Tropicana Corp Bhd’s (KL:TROP) Avisa Residences phase 1 at Tropicana Alam — its first township in Puncak Alam, Kuala Selangor&nbsp;— has achieved a 70% take-up since its launch in March 2024.

Tropicana Corp’s Avisa Residences achieves 70% take-up rate, unveils green-certified phase 2

Boeing Co&nbsp;is planning to launch a capital raise as early as Monday, according to people familiar with the matter, in an offering that would help the beleaguered airplane maker boost its liquidity.

Boeing plans over US$15 billion capital hike as soon as Monday

The opposition Social Democrats (SD) claimed victory in Lithuania's parliamentary election on Sunday, which was dominated by frustration with the cost of living and worries over potential threats from neighbouring Russia.

Lithuania leftist opposition win election, eyes coalition

Former Malaysian Bar president, Manjeet Singh Dhillon, passed away on Monday morning.

Manjeet, 82, was also a Sessions Court judge before going into private practice. He is said to have passed away at his Bukit Damansara residence.

He was president of the Malaysian Bar from 1991 to 1992.

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