Markets

Hang Seng Closes Higher In Line With China Markets

Hong Kong's stock market ended higher on Wednesday with the benchmark Hang Seng Index up 0.02 percent to close at 16,251.84 points. The Hang Seng China Enterprises Index rose 0.1...

NESTLE Leads Bursa’s Gainers As KLK Performs Lower At...

On the broader market, gainers trounced decliners 717 to 318, while 469 counters were unchanged, 848 untraded, and 11 others suspended. Top Gainers NOSTOCK NAMESTOCK CODELAST DONECHGVOL ('00)1NESTLE 4707123.000+1.4001,8882PIE 70954.940+1.14063,1843DLADY 302632.320+0.7601,6814AJI 265819.040+0.3401675HEIM325522.800+0.3002,104 Top Losers NOSTOCK NAMESTOCK CODELAST...

Bursa Snaps Four-day Losing Streak To End Higher

Bursa Malaysia snapped four consecutive days of losses to end higher on Wednesday as bargain hunting emerged following the recent sell-off, said an analyst. At 5pm, the FTSE Bursa Malaysia...

Foreign Exchange Rates Apr 17, 2024

The closing Foreign Exchange rates (from Bank Negara) as at 5pm, Apr 17 are as presented below:   Foreign Currency UnitsBuyingSelling1 U.S. Dollar4.7894.7941 Australian Dollar3.07653.08251 Brunei Dollar3.51513.52091 Canadian Dollar3.4683.4727100 Cambodian Riel0.11750.11891...

Chinese Stocks Close Higher With Gains Seen In Property,...

Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 2.14 percent to 3,071.38 points. The Shenzhen Component Index closed 2.48 percent higher at 9,381.77 points. The combined...

Property

IGB REIT Records Stable Income For Q1

For the current quarter, IGB REIT’s total revenue was RM162.6 million, increased 5.1% against the corresponding quarter in 2023 of RM154.6 million. Net property income was RM124.2 million, increased...

Ibraco Launches New Project In PJ South

Ibraco Berhad  launched its latest project in Klang Valley, namely Residensi NewUrban @ PJ South, offering buyers proximity to essentials – from work and business to leisure, shopping, and recreation. The Management of Ibraco highlighted that the launch...

SDP’s ESG Score Dragged By Water, Waste Intensity, LFIT:...

Maybank IB has given Sime Darby Property an overall ESG score of 63 based on its proprietary ESG scoring methodology, making its ESG scoring above average. The bank said...

News

Pakistan Says It Blocked X Over National Security

Pakistan's interior ministry said on Wednesday (Apr 17) it blocked access to social media platform X around the time of February's election on national...

Tokyo Stocks Close Lower On Worries Of Delayed US Rate Cuts

Tokyo stocks closed lower on Wednesday, with the benchmark Nikkei hitting a two-month low, weighed down by concerns over the impact of prolonged elevated...

AmFIRST REIT Full Year Profit Nearly Doubles

AmFIRST Reit released its full year ending 31 March 2024 and fourth quarter financials results for its existing 8 properties, the group recorded a...

Selangor Chief Minister Has No Qualms On PJD Link Cancellation

Selangor Chief Minister said he has no qualms on the Federal government’s decision to scrap the contentious Petaling Jaya Dispersal (PJD) Link project. He...

Petrol Price For RON95, 97 Diesel Remains Unchanged

The Ministry of Finance has announced that the petrol price for RON95, RON97 and diesel will remain unchanged for week April 18 till April...

IMF Raises Malaysia’s 2024 GDP Outlook To 4.4%

The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic product (GDP) by a notch to 4.4 per cent this...

IGB REIT Records Stable Income For Q1

For the current quarter, IGB REIT’s total revenue was RM162.6 million, increased 5.1% against the corresponding quarter in 2023 of RM154.6 million. Net property...

Tengku Zafrul To Seek Legal Advice To Correct Certain Factual Errors In Affidavit

Minister of Investment Trade and Industry, Tengku Zafrul has issued an official statement with regards to the Affidavit in relation to the high court...

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IMF Raises Malaysia’s 2024 GDP Outlook To 4.4%

The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic...

HLB To Support MIDA By Providing Financial Support For...

Hong Leong Bank has formed a collaboration with the Malaysian Investment Development Authority, pledging...

Ringgit Opens Lower To 4.788 Amid Strong US CPI...

The ringgit opened lower against the US dollar for the second consecutive day today...

Bank Negara Closely Monitoring Middle East Situation, Ready To...

With regards to the conflict in the middle east and the possible impact on...

PM: Malaysia Will Try Mitigate Impact Of Potential Volatility...

Prime Minister Datuk Seri Anwar Ibrahim had a special meeting with his cabinet members...

Ringgit To Remain Soft At RM4.76 Next Week, Awaits...

The ringgit is expected to remain soft and trade around RM4.76 against the US dollar next...

WEF Hails Malaysia As Global Semiconductor Powerhouse

Malaysia’s vibrant semiconductor industry has been the talk of the town of late as...

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