Bursa Malaysia closes marginally lower on lack of buying interest

[ad_1] KUALA LUMPUR: Bursa Malaysia extended its downtrend to end marginally lower today in the absence of buying interest amid a mixed performance in the regional markets. At 5 pm,…

CPE Technology plans to raise RM179.5mil from IPO

[ad_1] KUALA LUMPUR: Main Market-bound CPE Technology Bhd is seeking to raise RM179.58 million from its Dec 7, 2023 initial public offering (IPO) to drive its expansion plans. Chief executive…

Bursa consolidates further, regional markets mixed

[ad_1] KUALA LUMPUR: The decline on Bursa Malaysia continued over the morning session as investor optimism over recent US economic data has been priced in and the market continued a…

Bursa Malaysia’s net foreign inflow continues for third consecutive week

[ad_1] KUALA LUMPUR: Foreign investors remained net buyers of local equities for a third straight week, although the pace slowed to RM172.4mil from RM676.7mil in the previous week. During the…

Bursa stays negative following positive GDP result

[ad_1] KUALA LUMPUR: Bursa Malaysia remained slightly in the red at midday despite the release of third-quarter economic data that showed better-than-expected growth. At 12.30pm, the benchmark FBM KLCI was…

Bursa closes lower as US, China worries weigh on sentiment

[ad_1] KUALA LUMPUR: Bursa Malaysia ended Friday lower as worries over economic and financial developments in the United States and China weighed on global sentiment. At 5 pm, the FTSE…

Hume Cement returns to black in 1Q with RM48.33mil net profit

[ad_1] KUALA LUMPUR: Hume Cement Industries Bhd returned to the black in the first quarter ended Sept 30, 2023 with a net profit of RM48.33 million compared to a RM12.04…

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

[ad_1] KUALA LUMPUR: Shares on Bursa Malaysia retreated at the close today on profit-taking after yesterday’s gains and as China’s property woes weighed on regional sentiment, with investors also cautious…

Amway 3Q net profit rises to RM46.21mil

[ad_1] KUALA LUMPUR: Amway (Malaysia) Holdings Bhd’s net profit for the third quarter ended Sept 30, 2023 rose to RM46.21 million from RM18.75 million registered a year ago. However, revenue…

Bursa joins global equities rally amid easing US inflation

[ad_1] KUALA LUMPUR: Regional markets rallied on the back of easing US inflation data that showed the Federal Reserve may be done with further interest rate hikes. Malaysia’s benchmark stock…