KUALA LUMPUR (Nov 28): The FBM KLCI pared losses on Tuesday but remained in negative territory as investors were reluctant to make significant moves due to lack of buying interests and weak market sentiment, said an analyst.

KLCI ends in negative territory on lack of buying interests, weak market sentiment

KUALA LUMPUR (Nov 27): Bursa Malaysia finished lower on Monday, dampened by selling in selected heavyweights as well as mid- and small-cap stocks, a dealer said.

Bursa ends lower on selling in selected heavyweights, mid-cap stocks

The FTSE Bursa Malaysia KLCI (FBM KLCI) closed slightly higher on Friday despite subdued trading, in line with the performance of regional markets, a dealer said.

At 5pm, the barometer index rose 0.63 of-a-point to 1,453.92 from Thursday’s closing of 1,453.29.

KLCI ends on positive note despite subdued trading

Bursa Malaysia extended Wednesday's losses to close lower on Thursday, amid mixed global cues and the fall in crude oil prices, dealers said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 2.6 points to 1,453.29 from Wednesday’s closing of 1,455.89.

Bursa ends marginally lower amid mixed global cues

KUALA LUMPUR (Nov 22): Bursa Malaysia retreated from Tuesday's gains to finish marginally lower on Wednesday, dragged by profit-taking activities as the risk-off mode intensified, an analyst said.

Bursa closes marginally lower on profit taking

KUALA LUMPUR (Nov 21): Bursa Malaysia snapped three consecutive days of losses to end at its intraday high on Tuesday, as bargain-hunting activities emerged following the recent sell-off.

Bursa snaps 3 days of losses to end at intraday high

KUALA LUMPUR (Nov 20): Bursa Malaysia extended its downtrend to end marginally lower on Monday in the absence of buying interest amid a mixed performance in the regional markets.

Bursa closes marginally lower on lack of buying interest

Bursa Malaysia ended Friday lower as worries over economic developments in the US and China weighed on sentiment.

Bursa closes lower as US, China worries weigh on sentiment

Shares on Bursa Malaysia retreated at the close on Thursday on profit taking after Wednesday’s gains and as China’s property woes weighed on regional sentiment, with investors also cautious ahead of Malaysia's third quarter (3Q) results on Friday.

Bursa retreats on China property woes and ahead of Malaysia's 3Q GDP results

Bursa Malaysia rose to more than an eight-month high on Wednesday as investors anticipated the US Federal Reserve to be already done with its rate hike cycle after the October data showed inflation is declining.

KLCI shoots up to more than 8-month high

Bursa Malaysia's barometer index ended on a positive note on Tuesday as domestic sentiment was lifted by earnings optimism, while bargain hunters nibbled on heavyweight shares after a recent sell-off.

Earnings optimism, bargain hunting lift KLCI to end in positive territory

KUALA LUMPUR (Nov 10): Bursa Malaysia ended the week on a softer note, in line with regional bourses, mirroring the global market downturn, as the US Federal Reserve (Fed) chairman Jerome Powell expressed doubts about US interest rates’ effectiveness in curbing inflation.

Bursa Malaysia ends lower, in line with global markets 

Bursa Malaysia ended lower for the third consecutive day on Thursday, tracking the downbeat performance by regional peers as market sentiments turned cautious ahead of the US Federal Reserve (Fed) chair speech later in the day.

Bursa closes lower, tracking regional peers

Losses in heavyweight counters, led by banking stocks, weighed on the FBM KLCI amid caution ahead of US Federal Reserve (Fed) chairman Jerome Powell’s speech on the US interest rate outlook later on Wednesday and Thursday.

Banking counters weigh on Bursa, KLCI down 5.77 points

Vietnam's parliament decided on Wednesday to raise the effective tax rate on multinationals including Samsung to 15% from Jan 1, and delayed measures to offset the higher levy in a potential blow to the foreign investments the economy relies on.

Vietnam parliament approves global minimum corporate tax, delays offsets

SINGAPORE (Nov 29): Cambodia has abandoned plans to build a US$1.5 billion 700 megawatt (MW) coal-fired power project in a protected reserve along the southwestern coast and will build an 800 MW natural-gas fired plant instead, its energy minister told Reuters.

Cambodia scraps coal power project to build gas-fired plant, import LNG

Communications and Digital Minister Fahmi Fadzil will meet with the management of the Information Department soon to discuss Harakah’s appeal over the revocation of its media accreditation cards.

Fahmi to meet with Info Dept over Harakah's appeal following revocation of its media accreditation cards

Jack Ma urged Alibaba Group Holding Ltd to correct course in a surprise internal memo, in which the billionaire called for fundamental change across the company he co-founded decades ago.

Jack Ma urges Alibaba to ‘correct course’ in rare internal memo

DAP veteran Tan Sri Lim Kit Siang, the party's national chairman Lim Guan Eng, and Seputeh Member of Parliament Teresa Kok have filed separate defamation suits against Kepala Batas MP Dr Siti Mastura Muhammad in the Georgetown High Court.

Three DAP leaders file defamation suits against Kepala Batas MP

SO seriously does LGMS Bhd take cybersecurity that a user’s site is vetted before he or she can even access its website.

“Checking if site connection is secure …”, its web page states as a scan is conducted for a few seconds before a user is allowed access, ostensibly as no virus or mal...

LGMS to expand reach in non-core markets

Analysts hold a positive view of Tenaga Nasional Bhd’s (TNB) prospects, in anticipation that electricity demand over the immediate term will be fuelled by the expected influx of new data centres in Malaysia.

Analysts positive on TNB’s earnings outlook, data centres to drive immediate growth

Funding Societies has inked a strategic partnership with Halal Development Corp Bhd (HDC) to offer halal businesses access to shariah-compliant digital financing facilities, enhancing the development of the halal ecosystem.

Funding Societies inks partnership with Halal Development Corp to develop halal ecosystem

Public Bank Bhd's net profit for the third quarter ended Sept 30, 2023 rose 7% to RM1.70 billion from RM1.59 billion a year earlier, on the back of healthy loans and customer deposits growth.

Public Bank's 3Q net profit rises 7% to RM1.7 bil

The survival of natural rubber as a smallholder crop is in doubt due to the depressed rubber prices seen over the last couple of years. Rubber smallholders, due to poor incomes from the sale of rubber, are finding it very difficult to survive economically. They have no control whatsoever over rub...

My Say: Cultivating rubber smallholders for the good of the planet

Charlie Munger, who quit a law career to become Warren Buffett's trusted confidant and longtime second-in-command at Berkshire Hathaway, died on Tuesday morning. He was 99.

Charlie Munger, who was Warren Buffett's right-hand man, dies at 99

In 2022, the number of graduates in Malaysia rose 5.1% to 5.92 million, while the graduate’s unemployment rate declined 3.7%, according to data released by the Department of Statistics Malaysia in its Graduate Statistics 2022 report.

Rise in number of graduates, drop in number of those unemployed

Analysts have upgraded their ratings on Farm Fresh Bhd (FFB), as they expect the dairy producer’s sequential earnings to improve further.

Analysts upgrade Farm Fresh ratings on expected improvement in sequential earnings

Public Bank Bhd's net profit for the third quarter ended Sept 30, 2023 rose 7% to RM1.70 billion from RM1.59 billion a year earlier, on the back of healthy loans and customer deposits growth.

Analysts remain positive on KPJ Healthcare Bhd’s growth trajectory, and said they favour the medical group’s strategy to further grow its medical tourism business.

Analysts stay positive on KPJ’s growth trajectory

Japanese mobile operator NTT Docomo Inc&nbsp;has joined a consortium led by Mitsui &amp; Co&nbsp;in the bidding for a majority stake in the tower unit of Malaysia’s biggest wireless firm Axiata Group Bhd, according to people with knowledge of the matter.

Japan’s NTT Docomo joins Mitsui-led group in Edotco bidding, sources say

DAP veteran Tan Sri Lim Kit Siang, the party's national chairman Lim Guan Eng, and Seputeh Member of Parliament Teresa Kok have filed separate defamation suits against Kepala Batas MP Dr Siti Mastura Muhammad in the Georgetown High Court.

MSCI's&nbsp;global&nbsp;stock index advanced on Tuesday, while the dollar fell as a Federal Reserve (Fed) official signalled that the US&nbsp;central bank is done raising rates, and could even consider rate cuts if inflation keeps easing.

Stocks rise as dollar falls, gold rallies on Fed commentary

The ringgit continued its upward momentum to open higher against the US dollar on Wednesday, as US Treasury yields and dollar indices dropped to their lowest in months, said an analyst.

Ringgit continues uptrend against US dollar

KUALA LUMPUR (Nov 29): Prolonged weakness in the ringgit and a surge in petrol and diesel prices may risk Malaysia’s producer price index (PPI) and consumer price index (CPI) in 2024, despite analysts foreseeing low inflationary pressure to persist at least until the first half of 2024 (1HCY2024), said MIDF Research in a note on Wednesday.

MIDF Research: Prolonged weakness in ringgit and surge in petrol and diesel prices may risk Malaysia’s PPI and CPI in 2024

KUALA LUMPUR (Nov 29): Kepong Member of Parliament (MP) Lim Lip Eng has been granted a stay of execution over the RM2 million judgement in a defamation suit brought against him by MonSpace (M) Sdn Bhd and its founder Datuk Seri Jessy Lai.

Kepong MP gets stay on RM2 mil libel award in MonSpace defamation suit until disposal of appeal

Analysts maintained their recommendations on Press Metal Aluminium Holdings Bhd, despite the integrated aluminium producer’s earnings for the third quarter ended Sept 30, 2023 (3QFY2023) missing market consensus forecasts, with expectations that aluminium prices will remain subdued.

Press Metal's 3Q results miss market expectations; aluminium prices to remain subdued

The search and rescue (SAR) operation continued on Wednesday morning for four victims feared to be still buried in the rubble of a logistic warehouse under construction that collapsed&nbsp;in Batu Maung, Bayan Lepas here&nbsp;on Tuesday&nbsp;night.

Search and rescue operation continues after Bayan Lepas warehouse collapse

The Sessions Court here has denied former prime minister Tan Sri Muhyiddin Yassin’s bid to have his passport returned to him permanently and unconditionally.&nbsp;

Muhyiddin fails to get permanent release of passport but secures temporary release

Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, The Wall Street Journal&nbsp;(WSJ) reported on Tuesday.

Apple to end credit card partnership with Goldman Sachs — WSJ

Hong Leong Investment Bank (HLIB) Research has downgraded Bank Islam Malaysia Bhd (BIMB) to “hold” at RM2.24, with an unchanged target price (TP) of RM2.35, and said BIMB’s profit for the third quarter ended Sept 30, 2023 (3QFY2023) decreased 2% year-on-year due to a negative Jaws ratio (from higher operating expenditure), along with larger financing loss provision.

HLIB downgrades Bank Islam to 'hold', keeps target price at RM2.35

KUALA LUMPUR (Nov 29): Analysts are upbeat on Wasco Bhd’s outlook after the pipe-coating solutions provider’s results for the third quarter ended Sept 30, 2023 (3QFY2023) came in within expectations.

Analysts upbeat on Wasco’s outlook after 3Q earnings meet expectations

Options in GameStop Corp&nbsp;are seeing wild volumes, as traders bet that the stock will rally 50% in little over a week.

Traders bet GameStop will jump 50% within two weeks

Bursa Malaysia opened on a positive note&nbsp;on Wednesday,&nbsp;taking its cues from the US equity markets overnight, a dealer said.

Bursa opens higher in early trade

KUALA LUMPUR (Nov 29): Leform Bhd’s investors might have finally sighed a relief over the past two months, as the steel product manufacturer they invested in made a steep climb after staying range-bound for the most part last 12 months since the company’s initial public offering (IPO) nearly a year ago.

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