<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 13): YTL Corp Bhd and YTL Power International Bhd have been included into the MSCI Malaysia Index, while Dialog Group Bhd have been removed from the index, effective from Feb 29.</p></div>

<div class=newsTextDataWrapInner><p>In a statement on Monday, MSCI listed the inclusions and deletion.</p></div>

<div class=newsTextDataWrapInner><p>The MSCI Malaysia Investable Market Index is designed to measure the performance of the large-, mid- and small-cap segments of the Malaysian market. With 94 constituents, the index covers about 99% of the Malaysian equity universe.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class="mt-4 embed-right"><a class="mobx embedimg-icon imgw-400" data-desc="" data-rel="ceolightbox" data-title="" href="//assets.theedgemarkets.com/pics/2024/20240213MSCI1.png"><img alt="" src="https://assets.theedgemarkets.com/pics/2024/20240213MSCI1.png" /></a></div>

<div class=newsTextDataWrapInner><p>According to the MSCI website, the MSCI Malaysia Index dipped 0.41% in 2023.</p></div>

<div class=newsTextDataWrapInner><p>The top 10 constituents are Public Bank Bhd, Malayan Banking Bhd (Maybank), CIMB Group Holdings Bhd, Tenaga Nasional Bhd, Petronas Chemicals Group Bhd, Press Metal Aluminium Holdings Bhd, CelcomDigi Bhd, Petronas Gas Bhd, IHH Healthcare Bhd and Hong Leong Bank Bhd.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="http://theedgemalaysia.com/node/700687" target="_blank">YTL Power, YTL Corp, Dialog actively traded after MSCI Malaysia Index review</a></em></p></div>

<div class="mt-4 embed-left"><a class="mobx embedimg-icon imgw-800" data-desc="" data-rel="ceolightbox" data-title="" href="//assets.theedgemarkets.com/pics/2024/2024MSCI.png"><img alt="" src="https://assets.theedgemarkets.com/pics/2024/2024MSCI.png" /></a></div>


YTL Corp Bhd and YTL Power International Bhd have been included into the MSCI Malaysia Index, while Dialog Group Bhd have been removed from the index, effective from Feb 29.

YTL Corp and YTL Power in, Dialog out of MSCI Malaysia Index

TotalEnergies SE’s CEO has plenty of reasons to antagonise the French government with the possibility of moving its stock listing to Wall Street. When measured in dollars, there are tens of billions of them.

TotalEnergies has plenty of reasons to say ‘Au Revoir, Paris’

(May 7): Thailand’s Cabinet has approved a plan to extend visa exemption programmes for tourists from India and Taiwan for six more months, as the Southeast Asian nation seeks to boost the number of foreign arrivals to shore up its sluggish economy.

Thailand extends visa waiver plan for Indian, Taiwanese tourists

Plunging prices for solar panels that have slashed profits across the sector don’t have much room to fall any further, according to the chairmen of two of the industry’s biggest firms.

China’s solar panel giants say prices are near the bottom

Tesla Inc shipments from its Shanghai factory dropped year-on-year in April even as the overall market for new-energy cars grew, another sign of the pressure Elon Musk’s company is under in China’s hyper competitive automobile sector.

Tesla China shipments sink in April amid broader sector growth

(May 7): Princeton Digital Group secured a US$280 million green loan to help finance a US$1.5 billion data centre it’s building in southern Malaysia, a first for the Asian infrastructure operator as it aims to get that complex operational by June.

Singapore-based Princeton Digital gets green loan for US$1.5b Asia AI hub in Johor

Ferrari NV’s first-quarter earnings rose as the Italian manufacturer benefited from selling pricey supercars like the €2 million (RM10.2 million) Daytona SP3.

Ferrari earnings climb on demand for its most expensive models

KUALA LUMPUR (May 7): More than 98% of total manufacturing projects approved in 2023 have been implemented or are in the planning stage as of May 5, said the Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz on Tuesday.

According to the Ministry of Inve...

Zafrul: Over 98% manufacturing projects approved in 2023 implemented, in planning

Telecommunication tower company (towerco) OCK Group Bhd has entered into a 15-year tower leasing agreement with Best Telecom Co Ltd, marking its entry into Laos, where Best Telecom plans to launch their 5G network by the end of the year.

OCK marks entry into Laos with a 15-year tower leasing deal with Best Telecom

PUTRAJAYA (May 7): The Malaysian Anti-Corruption Commission (MACC) has revealed that the nation incurred losses totalling RM277 billion as a result of corruption over the past five years.

Malaysia suffered RM277b in loss over five years up to 2023 due to corruption — MACC

Walt Disney Co reported a fiscal second-quarter profit that beat estimates, thanks to sharply narrower losses in its streaming TV business and higher ticket prices at theme parks.

Disney reports lower streaming TV loss, boosts profit outlook

<p>Malaysia’s FBM KLCI climbed to a two-year high on Tuesday as gains of consumer and banking stocks extended the benchmark index’ rally to its fourth straight day.</p>


KLCI closes at fresh two-year high as rally extends into fourth straight day

<p>“Black Swan” fund manager Mark Spitznagel said investors should avoid chasing the market or making decisions based on short-term US Federal Reserve (Fed) moves.</p>


Report: 'Black Swan' fund manager Mark Spitznagel expects worst stock market crash since 1929

<p>Investment analysts have valued Main Market-bound Feytech Holdings Bhd at between 95 sen and RM1.13.</p>


Analysts value Main Market-bound Feytech at between 95 sen and RM1.13

<p>KUALA LUMPUR (May 7): A 47-year-old was confirmed dead while a 26-year-old man suffered serious injuries when a huge tree came crushing down on 17 vehicles along Jalan Sultan Ismail, just outside the Concorde Hotel, during a thunderstorm and heavy rain, at about 2.19pm here Tuesday.</p>

<p>Apa...

One killed, another hurt after fallen tree smashes into cars, monorail track in KL

<p>Sime Darby Plantation Bhd (SDP) is making a foray into green industrial park, starting with the proposed development of the Kerian Integrated Green Industrial Park (KIGIP) in Perak.</p>


Sime Darby Plantation to co-develop Kerian Integrated Green Industrial Park with PNB

<p>Investors should be prepared for a recession with the potential to send the stock market plummeting this year, according to top forecaster Gary Shilling.</p>


Market veteran says US will see a recession by year end that could spark 30% drop in stock market — report

<p>Malaysian stocks hit RM2 trillion in market capitalisation for the first time ever on Tuesday thanks to broad gains in blue chip stocks and a slew of new listings.</p>


Malaysian stocks’ market capitalisation reaches historical high of RM2 tril

<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


SC adds one entity to Investor Alert List

<p>Prime Minister Datuk Seri Anwar Ibrahim will meet with Petroliam Nasional Bhd (Petronas) this week to discuss the national oil company's project with Saudi Aramco at the Pengerang Integrated Complex (PIC) in Johor.</p>


Anwar to meet with Petronas to discuss project in Pengerang

<p>Bursa Malaysia Bhd on Tuesday launched the Bursa Remisier Acquisition Hub (Bursa Reach) platform designed to enhance the connection between dealer representatives and investors.</p>


Bursa Malaysia launches platform for remisiers to showcase portfolio

<p>The Federal Court on Tuesday ruled that it is not intervening with the High Court’s decision in not allowing businessman Ricky Wong Shee Kai to come back to Malaysia’s jurisdiction should he want to participate in civil court proceedings against him and his mother and Wong SK Holdings Sdn Bhd following an action by the Securities Commission Malaysia.</p>


Federal Court will not intervene in Ricky Wong's High Court decision for him to be physically present in civil proceedings

<p>Pelaburan Hartanah Bhd (PHB) is to part ways with Maybank Asset Management Sdn Bhd (Maybank AB) to independently manage the funds of its commercial property unit trust, Amanah Hartanah Bumiputera (AHB), as part of its seven-year business plan that aims to increase the fund size from RM5 billion to RM20 billion by 2030.</p>


PHB to independently manage AHB funds, aims to quadruple fund size to RM20 bil

<p>Scoot Pte Ltd, the low-cost carrier of Singapore Airlines Ltd (SIA), commenced operation of its first Embraer E190-E2 aircraft on Tuesday, reiterating the crucial role of Malaysia in its airline operations.</p>


Malaysia remains as key market for low-cost airline Scoot — CEO

<p>RHB Retail Research said S P Setia Bhd is poised to resume its uptrend after climbing above the 21-day simple moving average (SMA) line, while eyeing a spot above the RM1.50 threshold on Monday.</p>


S P Setia poised to resume its uptrend, says RHB Retail Research 

<p>The US sees Iran's capacity to move its oil as reliant on service providers based in Malaysia, with oil being transferred near Singapore and throughout the region, a senior US Treasury official said on Tuesday.</p>


Iran's capacity to move oil reliant on Malaysian providers, US official says

<p>KUALA LUMPUR (May 7): Solar power specialist Pekat Group Bhd said on Tuesday that it has signed a non-binding agreement to acquire a stake in switchgears supplier EPE Switchgear (M) Sdn Bhd to expand its businesses.</p>


Pekat inks agreement to acquire stake in local switchgears supplier

<p>CIMB Group Holdings Bhd, Malaysia’s second-largest bank by assets, will likely see improvements in net interest margin and non-interest income (NII) when it reports its first-quarter results (1QFY2024) on May 31, analysts said.</p>


Analysts see CIMB reporting better net interest margins, non-interest income in 1Q

<p>Oil and gas services firm Dayang Enterprise Holdings Bhd will post a strong rebound in its first quarter (1Q) results and earnings may pick up in the coming quarters on seasonally stronger work orders and utilisation, said Phillip Capital.</p>


Dayang Enterprise to post strong rebound in 1Q earnings — Phillip Capital

<p>Hong Leong Investment Bank (HLIB) Research said it anticipates Samaiden Group Bhd posting a stronger second half of 2024 (2H2024) earnings, with some projects reaching a stronger recognition cycle.</p>


HLIB anticipates Samaiden to post stronger 2H2024 earnings 

<h3><span style="color:#d35400;">Malaysia Smelting Corp Bhd</span></h3>

<p>Target price: <strong>RM3.60 <span style="color:#27ae60;">BUY</span></strong></p>

<div class="mt-3 imgw-300 embed-right"><a class="mobx embedimg-icon" data-desc="xxx" data-rel="ceolightbox" href="//myassets.theedgemalay...