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Jenny Gim

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Foreign Exchange Rate Oct 8, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 pm on October 8, 2024 (Tuesday) provide a comprehensive overview...

Nestle Leads Gainers, Up by RM1.00

The FBM KLCI Index at closing rose just 0.33 points, or 0.02%, to settle at 1635.62, largely unchanged from yesterday's closing of 1635.29. The slight...

KLSE Benchmark Index Largely Unchanged At 1635

The FBM KLCI Index at closing recovered from early losses, but rising just 0.33 points, or 0.02%, to settle at 1635.62, largely unchanged from...

Malaysia International Reserves Highest In Decade

Bank Negara Malaysia (BNM) international reserves rose by US$2.9 billion, or 2.5% month-on-month (MoM), reaching US$119.7 billion as of 30 Sep 2024, the highest...

Dayang Expected RM58 Million Revenue From AWBs As Stock Picking Up This Week

Dayang Enterprise Holdings Bhd, an oil and gas upstream service provider, has secured work orders for six of its accommodation work boats (AWB), expected...

Bursa’s ADV Reaches RM3.5 Billion, Eyeing Vibrant Year-end Trading

Bursa Malaysia's third quarter 2024 (3Q24) Average Daily Volume (ADV) of RM3.52 billion is within market expectation, leaning into an earnings range of RM75...

ASEAN To Draw Sustainability-oriented FDI As An Integrated Destination

The Association of Southeast Asian Nations (ASEAN) has tabled an action plan to attract foreign direct investment (FDI) that focuses on sustainable development as...

BP Scales Back Energy Transition In Favour Of Near-term Revenues

Oil and gas giant, BP, has scaled back the firm's energy transition strategy to regain investor confidence, according to Reuters quoting three sources with knowledge...

Local Companies With Links To China To Benefit From Stimulus

Malaysian companies exporting to and investing in China look set to reap some spillover benefit from the stimulus measures announced in late September that...

Bursa Recovers Lost Ground To Arrive At 1,635

FBM KLCI, Bursa Malaysia's benchmark index, today rose 5.32 points, or 0.33%, to close at 1,635.29. The index fluctuated between the range of 1,628.12...

Dutchlady Loses 64 sen As Petdag Leads Gainers

In today's trading session, market sentiment was positive with 548 counters closed higher versus 476 that closed lower, with 529 counters unchanged. Overall, the mood...

Foreign Exchange Rates Oct 7, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 pm on October 7, 2024 (Monday) provide a comprehensive overview...

Shipping Still Weighed Down By Red Sea Diversion And Carbon Regulations

The shipping diversion from the Red Sea continues to weigh down on global trade especially in the Asia-Europe region, as the sector faces ...

Plastic: Innovative And Sustainable Local Packaging To Reach Out To Overseas Market

Analysts maintain their OVERWEIGHT call for the plastic sector, pointing to the sector's greater economies of scale and innovative solutions utilising sustainable packaging materials,...

DC And Smartphone Dominate Tech Sector

Data centre (DC) and smartphone sectors are entering more exciting growth stages as the fit-out phase is expected to start between the last quarter...

Foxconn Into Robust Q4 Eyeing Market For Year-end Holiday

Taiwan's semiconductor giant, Foxconn, also the world's largest OEM1 electronics maker, reported the company's third quarter results on Saturday that show strong revenue building...

Malaysia-Mexico Ties Stronger On Educational And Cultural Exchange

Educational and cultural diplomacy play a vital role in strengthening the bilateral relations between Malaysia and Mexico beyond trade association, said Dr Rozita...

US Fed Likely To Cut Rate By 25 Bps Towards Year-end

The US Federal Reserve (Fed) will likely respond to the latest economic data with a controlled 25 basis point (bps) rate cut in Fed's...

Improved Access To Quality Cancer Treatment For Malaysians

Two new cancer treatment centres will be established to improve public access to quality treatment, in line with the government's commitment to strengthen the...

FBM KLCI Loses 1.81% In Week’s Trading, Eyeing Near-1640 Recovery

During the week ended Oct 4, the benchmark Kuala Lumpur stock exchange index, FBM KLCI, fell 30.12 points, or 1.81%, to 1,629.97 from the...

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