Markets

KLK Gain, MPI Lost As The Bursa Closed

On the broader market, losers trounced gainers 736 to 445, with 495 counters unchanged, 782 untraded, and 16 others suspended Here is the table for today's top gainers and losers:Top...

Telecom, Plantation Stocks Lift Bursa Malaysia Index

Bursa Malaysia's key index saw a modest gain at the end of the week, primarily driven by strength in telecommunication and plantation stocks, despite the overall weak performance in...

Foreign Exchange Rates July 19, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 p.m. on July 19, provide a comprehensive overview of currency fluctuations for the day.These rates,...

FBM KLCI Rises Despite Sluggish Start Amid Tech Sector...

The FBM KLCI showed resilience and stayed positive after a sluggish start, shrugging off volatile trading seen in regional equities. By 12:30 pm, the key index had risen by...

Ringgit Rebounds Ahead Of Malaysia’s 2Q 2024 GDP Estimates

The ringgit rebounded to open slightly higher against the US dollar, buoyed by positive sentiment ahead of Malaysia’s advance gross domestic product (GDP) estimates for the second quarter of...

Property

Building Industry Council Calls For HRD Corp Levy To...

The Building Industry Presidents Council which represents various bodies including REHDA and PAM has called for the cessation of mandatory levy collection by HRD Corp. The call comes i the...

JS-SEZ Driving Demand For Land In Kulai

Kulai District emerges as a key beneficiary of increasing land transactions and potential JS-SEZ developments according to Maybank Investment Bank (Maybank) in their latest report. Maybank maintains a BUY rating...

SunCon Poised For 3-Year Earnings CAGR Of 24%

Sunway Construction has demonstrated strong performance with a significant rise in its target price to MYR6.29, driven by expanding data centre (DC) contracts and increasing industrial project wins. The...

News

Genting Plantation Acquires Land In Indonesia For RM593 Million

Genting Plantations Berhad announces that its indirect wholly-owned subsidiaries had entered into conditional sale and purchase agreement between PT Genting Properti Abadi and PTSC,...

Security Expert Gives View How Global Outage Could Be Avoided

The whole world has been following the news of a global IT outage affecting thousands of business entities across the world, including airports and...

TM Managed To Avoid Being Affected By Global Tech Outage

Telekom Malaytsia issued a statement saying that the group is unaffected by the recent global tech outage linked to aflawed endpoint protection software update...

Most Malaysian Banks Unperturbed By ‘Blue Screen Of Death’ Outage But Some Were Not As Lucky

As the world lay reeling on the massive Windows outage that plunged many industries which included global banks, airlines, and other organisations into chaos...

Genting Plantations’ Subsidiaries Enter Agreements To Purchase Land In Indonesia For RM593 Million

Genting Plantations Berhad (GENP) through its indirect wholly-owned subsidiaries entered into two separate sale and purchase agreements worth RM593.0 million for two parcels of...

Is ExxonMobil Selling Malaysia Oil And Gas Assets To Petronas?

Exxon Mobil Corp has agreed to sell its Malaysian oil and gas assets to state energy firm Petronas, exiting the country's upstream sector where...

UEM Sunrise Assigns Amran Hafiz Affifudin As Non-Independent And Non-Executive Director

UEM Sunrise Bhd has appointed Datuk Amran Hafiz Affifudin as a non-independent and non-executive director effective July 19. A Bursa Malaysia Filing today on UEM...

Optimax Inks MOU With MOH To Provide Eye Checks, Care To Primary School Pupils

Optimax Holdings Berhad’s (Optimax) subsidiary, Optimax Eye Specialist Centre Sdn Bhd has entered into a Memorandum of Understanding (MOU) with Ministry of Health Malaysia...

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Trade

Malaysia’s GDP Estimated Grew 5.8% In Q2

The Department of Statistics estimates that Malaysia’s GDP expanded by 5.8 per cent in...

External Trade Positive Momentum Sustained: Maybank IB

The month of June 2024 saw slower exports growth (Jun 2024: +1.7% YoY; May...

MIDF Revises Export Growth After 1H Report

The latest trade data from the Ministry of International Trade and Investments shows that...

Malaysia To Advance Share Of Global LNG Trading Market,...

Malaysia is ready to develop its role in global natural gas trading as Petroliam...

MIDF Maintains Exports To Grow 5.2%, Upgrades Import To...

MIDF in its economic review of the June trade data released today by the...

Malaysia’s Trade Surges 8.7% In June 2024 To Reach...

Malaysia experienced robust trade growth in June 2024, buoyed by a strengthening global economy...

Malaysia’s 1H Trade Up 8.4% To RM1.39 Trillion, June...

Malaysia’s trade maintained its upward trajectory, growing consistently since January 2024 and recording an...

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