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

The High Court has dismissed an application by a local egg importer to begin contempt proceedings against former minister Datuk Seri Azmin Ali.

Judicial Commissioner Leong Wai Hong has denied the application by J&E Advance Tech Sdn Bhd in its lawsuit against Azmin over his comments that the company won a project from the government through direct negotiations to import eggs from India.

Court denies application by egg importer to cite Azmin for contempt

TOKYO (Sept 2): Japanese corporate spending on plant and equipment rose at a faster pace in the second quarter, keeping alive expectations of a domestic-led recovery in economic growth and supporting the case for more interest rate increases over coming months.

Japan’s 2Q capex rises strongly, signals solid domestic demand

While Brent crude oil prices have been holding steady above the US$75 per barrel level this year, other uncertainties are looming, casting a dark cloud over the local oil and gas (O&G) sector.

For one thing, the ongoing negotiations for Petroleum Sarawak Bhd (Petros), which is looki...

Petros’ takeover of gas activities and Opec cuts cast shadow over local O&G sector

In The Edge Malaysia this week — our one-on-one interview with United Overseas Bank’s third generation leader Wee Ee Cheong.

EDGE WEEKLY: UOB on driving business through values and culture

KUALA LUMPUR (Sept 2): Gamuda Land, the property arm of Gamuda Bhd (KL:GAMUDA), signed a memorandum of understanding (MOU) with Trendcell Sdn Bhd to open Jaya Grocer at Gamuda Cove in Kuala Langat. The store will be the anchor tenant of Cove Centrum, the commercial component of the township, and occupy 24,000 sq ft of space.

Gamuda Land welcomes Jaya Grocer as anchor tenant at Cove Centrum of Gamuda Cove

KUALA LUMPUR (Sept 2): New Zealand and Malaysia have agreed to expand bilateral trade value by 15% by 2030, said New Zealand Prime Minister Christopher Luxon on Monday.

New Zealand, Malaysia to increase bilateral trade value by 15% by 2030

Khazanah Research Institute (KRI) has proposed setting up a central national artificial intelligence (AI) agency to oversee and implement Malaysia’s AI strategy, along with creating an agile regulatory framework capable of adapting to the country’s AI adoption.

Khazanah Research Institute proposes central national AI agency

GXS Bank Pte Ltd group CEO Muthukrishnan Ramaswami has set a target for the firm — to break even by 2026. With a committed capital injection of S$1.9 billion (RM5.7 billion) into its Malaysia and Singapore entities, it will need a balance sheet of about S$1.5 billion in deposits and S$2 billion i...

Feature: GXS Bank rolls out new products, aiming to break even in 2026

The sinkholes that have appeared in Kuala Lumpur in recent weeks are not a new phenomenon. Back in 2014, a series of land depressions and sinkholes all over the city caused disruptions to traffic and the construction of the MRT Kajang Line.

While the cause of the depressions and sinkhol...

Frankly Speaking: Get serious about KL’s underground conditions

KUALA LUMPUR (Sept 2): Shares of SAM Engineering and Equipment (M) Bhd (KL:SAM) declined sharply on Monday, and fell to their lowest in more than four months, after the precision machining company posted weak results.

SAM Engineering shares fall 13% over four-month low as results disappoint

Following the&nbsp;network reduction announcement on Aug 24,&nbsp;Malaysia&nbsp;Aviation Group Bhd (MAG), the parent company of&nbsp;Malaysia&nbsp;Airlines Bhd,&nbsp;said all necessary flight cancellations for August to December this year have been completed.

Malaysia Airlines completes flight cancellations under network reduction exercise

KUALA LUMPUR (Sept 2): The potential revival of the MRT 3 project, alongside revivals in other government infrastructure, point towards a better year for the construction sector going into FY2025, CGS International said.

Revival of MRT3 may point towards a better year for construction sector — CGS

Kenanga Investment Bank Bhd (KL:KENANGA) said on Monday it has acquired an 8% stake in Singaporean fintech firm Helicap Pte Ltd at an undisclosed price.

Kenanga acquires 8% stake in Singaporean fintech firm Helicap

KUALA LUMPUR (Sept 2): Shares of SAM Engineering and Equipment (M) Bhd (KL:SAM) declined sharply on Monday, and fell to their lowest in more than four months, after the precision machining company posted weak results.

Foreign investors net bought RM1.50 billion in Malaysian equities last week, marking the highest weekly net buying since March 18, 2016, according to MIDF Research.

Foreign investors net bought RM1.5b in equities last week, highest since March 2016

Shares of MSM Malaysia Holdings Bhd (KL:MSM) snapped a four-day losing streak on Monday, after the sugar refiner said it had secured a deal to export grain sugar to China.

MSM shares snap four-day losing streak after export deal

Shares of Notion VTec Bhd (KL:NOTION) rose as much as 23 sen or 24.21% in active trade on Monday morning, extending gains for the third straight trading day after three weeks of selloff.

Notion VTec shares rebound, up 24%

Share markets fell slightly on Monday as investors braced for a data-packed week culminating in a US jobs report that could decide whether a rate cut expected this month will be regular or super-sized.

European stocks and US futures start September on back foot 

Shares of Pansar Bhd (KL:PANSAR) rose on Monday to their highest in nearly three months, after the building materials company secured a RM804.7 million construction contract.

Pansar shares close in on three-month high after RM805m contract win

There’s a new way to bet on some of the most watched Hong Kong stocks.&nbsp;

The city’s bourse is launching on Monday weekly options on the Hang Seng Tech Index, which tracks stocks including Alibaba Group Holding Ltd&nbsp;and JD.com Inc&nbsp;that also trade in the US. With many of its e-commerce giants&nbsp;losing shimmer&nbsp;in the recent earnings season, the gauge has lost 5.4% this year, compared with a 5.5% gain in the benchmark Hang Seng Index.&nbsp;

A new way of betting on tech stocks is emerging in Hong Kong

KUALA LUMPUR (Sept 2): Kelantan, Terengganu, Kedah and Perlis have set up a joint company as part of the collaboration between the four Opposition states, said their adviser Tun Dr Mahathir Mohamad.

Kelantan, Terengganu, Kedah, Perlis set up joint company to share revenue — Mahathir

KUALA LUMPUR (Sept 2): CGS International kept its “overweight” call on banks, premised on the re-rating catalysts from further write-back in management overlay, improved outlook for net interest margin, and increases in banks’ dividend payout ratios.

CGS maintains ‘overweight’ rating on banks, citing write-backs and other catalysts

KUALA LUMPUR (Sept 2): Stable fossil fuel prices (ie gas and coal) will have a positive impact on Tenaga Nasional Bhd (KL:TENAGA) and Malakoff Corporation Bhd (KL:MALAKOF), according to a note by BIMB on Monday. However, BIMB stayed “neutral” on Gas Malaysia Bhd (KL:GASMSIA) and Petronas Gas Bhd (KL:PETGAS).

BIMB: Stable fuel prices to benefit Tenaga and Malakoff; stays neutral on Gas Malaysia, PetGas

KUALA LUMPUR (Sept 2): DRB-Hicom Bhd (KL:DRBHICOM) said it has received a notice of assessment from the Inland Revenue Board (LHDN), amounting to RM246.25 million for the year of assessment 2020.

LHDN seeks RM246m from DRB-Hicom for asset disposals to Syed Mokhtar in 2020

China has threatened severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms, complicating US-led efforts to cut the world’s second-largest economy off from advanced technology.

China warns Japan of 'severe' retaliation for possible new chip curbs

Prime Minister Datuk Seri Anwar Ibrahim has called for the immediate implementation of public service reform.

"You can expect September to be a month of more vigorous reform movements.

'Vigorous' public service reform this month — PM

Malaysia’s manufacturing activities remained muted in August&nbsp;amid subdued demand, while latest data suggested that the coming months are also likely to remain soft, S&amp;P Global said on Monday.

Malaysian manufacturing sector stays muted in August's PMI

KUALA LUMPUR (Sept 2): Malaysia appears to be taking pole position in securing investments in&nbsp;Asean’s semiconductor-chip race&nbsp;due to its established supply chain, talent pool, abundant land and energy, as well as affordable business costs, said Maybank Investment Bank Bhd (Maybank IB).&nbsp;

Malaysia taking the lead in Asean’s semiconductor chip race investments — Maybank IB

The Kuala Lumpur International Airport (KLIA) aerotrain, which links the satellite buildings with the main airport terminal, is expected to resume operations by Jan&nbsp;31, 2025.

KLIA aerotrain to resume operations by Jan 31, 2025 — Loke

Just as it was all going smoothly for Malaysia Aviation Group Bhd (MAG), the parent company of Malaysia Airlines Bhd, it has been hit by a series of problems that threatens to unravel years of progress.

MAG had emerged from a successful debt restructuring with a strong post-pandemic bal...

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