theedgemalaysia.com highlighted two stocks with negative momentum at Bursa Malaysia’s afternoon close on Thursday.

Stocks with momentum on Nov 12, 2026: Citaglobal & Iconic

BENGALURU/MEXICO CITY/SINGAPORE (Nov 11): Nvidia's board is meeting late Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of AI chips grapples with fallout from reports of two extramarital affairs involving its longtime leader.

Nvidia board meets to decide CEO Huang's future as leadership crisis deepens

India's central bank is working on proposals that would prevent private equity firms from holding a controlling stake in more than one non-bank lender, two people with knowledge of the plans said.

India to ban private equity firms from controlling multiple non-bank lenders — Reuters

A plantation company with its own mill and storage can hold crude palm oil in a tank for a while. A farmer with three hectares and a lorry coming on Thursday has to sell on Thursday at whatever the dealer offers. That difference matters more than ever this week.

Opinion: When palm oil prices fall, smallholders feel it first

Paramount Property Sdn Bhd, the property arm of Paramount Corp Bhd (KL:PARAMON), exceeded RM1 billion in property sales in FY2025, marking the fourth consecutive year it has crossed the benchmark. The developer is now looking to sustain that performance with a series of launches, including Sejati...

Paramount extends Sejati concept to Cahaya SPK in Shah Alam

JAKARTA (Nov 12): Indonesia's vice president handed his resignation to parliament's upper house on Thursday, ending days of speculation about his political future, while his father, former president Joko Widodo, voiced support for current leader Prabowo Subianto.

Indonesia VP hands resignation to parliament as Jokowi backs Prabowo

The requirement to disclose data centre operations information, including electricity usage and the number of graphics processing unit (GPU) chips imported, will be embedded in law to enable the government to monitor data centre operations, said Minister of Investment, Trade and Industry Datuk Seri Johari Abdul Ghani.

Data centres to be lawfully required to disclose information on their operations — minister

TAIPEI (Nov 12): Taiwan's Foxconn, the world's largest contract electronics maker, said on Thursday that it was confident about its business next year given strong AI demand as it reported forecast-beating quarterly profit, but it warned about supply chain tightness.

Taiwan's Foxconn bullish on outlook but warns about supply chain tightness

The Singapore company at the centre of the scandal that has engulfed Nvidia's chief executive officer has registered affiliates in the US, Australia and other countries with a 29-year-old who listed his address as a newsagent and lottery retailer in a regional town outside Melbourne.

Megaspeed's links to rural Australian store raise fresh questions in Nvidia scandal

FRANKFURT (Nov 12): Germany's Allianz on Thursday gave a rosier outlook for the full year after a 2% drop in third-quarter net profit still came ahead of expectations.

Allianz raises outlook for the full year after better-than-expected quarter

The conditional pardon order placing former prime minister Datuk Seri Najib Razak under house arrest contains four conditions imposed by the Pardons Board, alongside additional supervision and control requirements set by the Prisons Department, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Najib's house arrest order has four conditions, including movement and communication limits — minister

AmanahRaya Investment Management Sdn Bhd (ARIM) has decided to write off the entire value of sukuk issued by Zetrix Al Bhd (KL:ZETRIX) held by four of its funds.

AmanahRaya Investment Management writes off Zetrix Al sukuk across four funds — memo

PUTRAJAYA (Nov 12): 1Malaysia Development Bhd has been allowed to enter a sworn statement of Datin Seri Rosmah Mansor’s shopping partner as evidence in its suit alleging purchases of luxury goods with its funds.

The decision to admit the affidavit spanning over 300 pages by Shabnam Nara...

1MDB gets to admit affidavit of Rosmah’s shopping partner in its case

KUALA LUMPUR (Nov 12): Selling pressure on MR DIY Group (M) Bhd (KL:MRDIY) continues to push the retailer’s shares lower, although "buy" recommendations remain plentiful as the group faces intense competition from China-based e-commerce platform Pinduoduo (PDD).

MR DIY hits six-year low on Pinduoduo competition fears, though most analysts stay bullish

We refer to the return of Datuk Seri Najib Razak to his house on Tuesday night to serve the sentence of house arrest, following the conditional pardon granted on Sept 18, 2026.&nbsp;

Opinion: Govt must accept responsibility for Najib’s house arrest and review cases of all other ordinary prisoners suitable for house arrest

MSCI maintained the constituents of its main country index for Malaysia while deleting seven stocks from its small-cap index following its latest review.

MSCI maintains Malaysia index constituents, deletes seven stocks from small-cap index

Any financial aid given to struggling carriers such as AirAsia Group Bhd (KL:AAGB) should be made available to other airlines to keep competition fair, the head of Malaysia Airlines Bhd said.&nbsp;

Malaysia Airlines calls for level playing field on AirAsia aid

The government has turned down former prime minister Datuk Seri Najib Razak’s request to include an additional residence in his house arrest conditions.

Home minister: Najib's request for second house arrest residence rejected

KUALA LUMPUR (Nov 12): The Attorney-General's Chambers (AGC) will be objecting to the Bar's legal bid against Datuk Seri Najib Razak's house arrest.

AGC to object Bar's suit against Najib's house arrest, says Pardons Board decision not justiciable

Property developer Avaland Bhd (KL:AVALAND) has secured Mydin Mohamed Holdings Bhd, Maplewood International School and San Francisco Coffee as new commercial partners for its Meria Commercial Hub in Cybersouth, Selangor.

Avaland brings in Mydin, Maplewood International School, San Francisco Coffee to Cybersouth’s Meria hub

Global stocks tumbled on Thursday, led by losses in chipmakers and data centre operators as Nvidia shares cratered in after-hours trading on news that its board may oust longtime CEO Jensen Huang.

Asian stocks tumble, Nvidia stings as board to decide CEO's fate

Datuk Seri Najib Razak’s pension payments have been suspended, Home Minister Datuk Seri Saifuddin Nasution Ismail said on Thursday.

Najib’s pension payments suspended — home minister

KUALA LUMPUR (Nov 12): New borrowings under the Madani government are used to finance national development, including schools, hospitals, roads, and water and electricity supply, Prime Minister Datuk Seri Anwar Ibrahim said.

PM: New government borrowing to fund development, repay RM13 bil 1MDB bonds

KUALA LUMPUR (Nov 12): Malaysia has requested that informal economic discussions with Taiwan resume as it seeks to maintain trade and investment ties with the island without compromising its longstanding One China policy.

Malaysia seeks to resume informal economic talks with Taiwan, says Anwar

(Nov 12):&nbsp;The suspected Chinese spy at the heart of a scandal that threatens to take down Nvidia Corp&nbsp;chief executive officer Jensen Huang has returned to her home country, people familiar with the matter said.

Alleged Chinese spy at centre of Nvidia firestorm is in Beijing — Bloomberg

Malaysia Airlines Bhd said delayed aircraft deliveries plaguing the industry are threatening the carrier’s expansion plans.&nbsp; 
&nbsp;

Malaysia Airlines CEO warns new planes being delivered months late

NUSA DUA, Indonesia (Nov 12): Indonesia's palm oil product exports are expected to reach around 35 million metric tons in 2026, chief economic minister Airlangga Hartarto told an industry conference on Thursday.

Indonesia's 2026 palm oil exports expected to reach around 35 million tonnes, minister says

KUALA LUMPUR (Nov 12): Hartalega Holdings Bhd (KL:HARTA) saw higher earnings in its second quarterly financial review as better average selling prices (ASPs) more than offset pricier raw material costs.

Hartalega rides on higher ASPs as 2Q net profit surges 80%

BENGALURU/MEXICO CITY/SINGAPORE (Nov 11):&nbsp;Nvidia's board is meeting late Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of AI chips grapples with fallout from reports of two extramarital affairs involving its longtime leader.

KUALA LUMPUR (Nov 12): Property developer IJM Land Bhd is set to officially launch Sovana, a new collection of double-storey linked homes at its Suria Hill township in Bandar Puncak Alam, Selangor in November 2026.

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