Markets

FMGC Counter NESTLE Leads Days Trading As Tech MPI...

On the broader market, gainers thumped decliners 642 to 402, while 507 counters were unchanged, 823 untraded and 22 others suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST DONECHGVOL ('00)1NESTLE 4707126.400+1.7001,5662DLADY 302633.500+0.4001273ALLIANZ116321.440+0.3402504PIE 70955.900+0.25045,7735AJI 265819.160+0.220261 Top Losers NOSTOCK NAMESTOCK CODELAST...

Bursa Closes Higher On Buying Support From Local And...

Bursa Malaysia continued its upbeat momentum to end higher for the fifth consecutive day on Tuesday, thanks to buying from local and foreign institutions, said an analyst. At 5pm, the...

Foreign Exchange Rates Apr 23, 2024

The closing Foreign Exchange rates (from Bank Negara) as at 5pm, Apr 23 are as presented below:   Foreign Currency UnitsBuyingSelling1 U.S. Dollar4.7754.781 Australian Dollar3.07653.08071 Brunei Dollar3.5033.50881 Canadian Dollar3.48263.4873100 Cambodian Riel0.11650.11791...

Bursa Stays Higher At Midday In Line With Regional...

Bursa Malaysia stayed higher at midday on Tuesday, in line with regional bourses’ upbeat performance.  At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.02 points, or 0.32% to...

ESG2.0 On Sound Footing For GHL Systems: Maybank IB

ESG risks relatively contained; introducing FY26E Maybank Investment Bank (Maybank IB) has reviewed GHL Systems Berhad (GHLS’) ESG practices using their proprietary scoring assigned it an above-average overall score of...

Property

Haily Bags Housing Development Job From Mandy Corp For...

Haily Group Berhad announce that the company’s wholly-owned subsidiary, Haily Construction Sdn. Bhd. had accepted a Letter of Award issued by Mandy Corporation Sdn. Bhd. for the construction and...

Inta Bina Secures RM169 Million Contract For Tropicana Metropark...

Inta Bina has announced that its subsidiary been handed a Letter of Award from Next Delta Sdn Bhd for the Construction and Completion of Main Building Works for the total contract...

Crest Builder Awarded RM486 Million Condo Project By Kiaramas

Crest Builder has been awarded a contract by Kiaramas Development Sdn Bhd for the Construction of 3 blocks of condominiums with car park podium in Desa Kiara for a...

News

5 Key Challenges In Malaysia’s Startup Ecosystem

Between 2008 and 2016, the startup ecosystem contributed RM3.4 billion to Malaysia’s Gross Domestic Product (GDP), creating 80,600 jobs, and by 2030, it is...

Google Invests US$640 Million In New Data Centre In Netherlands

Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the Dutch city of Groningen, it said on Tuesday,...

Rafizi Alludes To Rise In KLCI In Tandem With Economy

The Economic Minister pointed to the rise in the FTSE Bursa Malaysia KLCI (FBM KLCI) to its highest level this year at 1,567.57 points...

Haily Bags Housing Development Job From Mandy Corp For RM109.5 Million

Haily Group Berhad announce that the company’s wholly-owned subsidiary, Haily Construction Sdn. Bhd. had accepted a Letter of Award issued by Mandy Corporation Sdn....

Reach Energy Unit Gets RM30 Million Loan To Finance Drilling Activities

Reach Energy announces that its sub-subsidiary, Emir-Oil LLP has accepted a loan facility of USD6.4million (approximately RM30.3million) offered by RG-HCPI Fund, a registered sub-fund...

Inta Bina Secures RM169 Million Contract For Tropicana Metropark Project

Inta Bina has announced that its subsidiary been handed a Letter of Award from Next Delta Sdn Bhd for the Construction and Completion of Main Building...

MAHB 1Q24 Passenger Traffic Hits 90% Of 1Q19 Peak

MAHB announced its network of airports passenger traffic for 1Q24, recorded more than 90% recovery rate against 1Q19 with 31.4 million passenger movements. It...

Crest Builder Awarded RM486 Million Condo Project By Kiaramas

Crest Builder has been awarded a contract by Kiaramas Development Sdn Bhd for the Construction of 3 blocks of condominiums with car park podium...

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Trade

Invest Malaysia 2024: China Support For Malaysia’s Economic Vision

Bursa Malaysia Berhad in collaboration with China International Capital Corporation Limited and Malayan Banking...

China Investors Keen On Penang

Already being recognised as the semiconductor hub in Asia, Penang has become a prime...

Malaysia To Get More Brazilian Chicken

Brazil’s government has said four additional poultry plants have been cleared to sell halal...

Foreign Buying Of Local Bond In March Probably Short...

Following three consecutive months of net selling, foreign investors turned net buyers of Malaysian...

1Q Growth Reinforces Full Year’s 4.5-5% GDP Forecast: Kenanga

The Department of Statistics, in its third quarterly advance GDP release, showed 1Q24 GDP...

Ringgit Continued To Test 4.80 Psychological Threshold

The ringgit weakened on Friday (5pm) once again trading at 4.781 against the dollar...

Malaysia Records Another Month Of Trade Surplus

The Department of Statistic said Malaysia's trade performed steadily in March 2024, mainly attributable...

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