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Jenny Gim

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Foreign Exchange Rates Oct 11, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on October 11, 2024 (Friday) provide a comprehensive overview of...

Nestle Leads Gainers As Public Bank Loses 5.7%, LPI Capital Sheds 3.08%

The nation's long-standing dairy products provider, Nestle Malaysia Bhd today gained 90 sen to end the day at RM104.60. Fraser & Neave Holdings Bhd, the...

FBM KLCI Settles Below 1635, CIMB Now The 2nd Largest By Market Cap

Market sentiment today was reserved and cautious. The FTSE Bursa Malaysia KLCI Index, or FBM KLCI, lost 7.39 points, or 0.45%, to settle at...

HPP Lifted By Environment-friendly Packaging

Driven by rising environmental standards, HPP Holdings Berhad is set to gain from the profitability boost in 1QFY24/251 (quarter starts 1 June 2024) that...

Public Bank Taps Into LPI Capital’s 7% Insurance Market

Public Bank Bhd has acquired 44.15% equity stake in LPI Capital Bhd, the 7th largest insurance company in the country by gross direct premium...

Driver-assisted Robotaxi Tesla’s Next Move

Tesla, Inc has unveiled Cybercab, a driver-assisted self-driving robotaxi, reported Reuters, adding that the robotaxi is yet to be road-ready. As reported, Tesla's robotaxi strategy...

Foreign Exchange Rates Oct 10, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on October 10, 2024 (Thursday) provide a comprehensive overview of...

Nestle Loses RM1.30 As Autoris Tops Gainers List

Nestle (Malaysia) Bhd registered the biggest daily loss, RM1.30, this week thus far (up to Thursday). The counter opened at RM105.00, traded to the...

KL Market Upbeat To Settle At 1640-level

Kuala Lumpur stock market's benchmark index, FTSE Bursa Malaysia KLCI (FBM KLCI), gained 6.03 points, or 0.37% to close at 1,640.94, up from 1,634.91,...

Top Glove Rewards Shareholders By Warrants And World-class ESG

Top Glove has proposed a bonus issue of up to 406 million1 warrants on the basis of 1 warrant for every 20 existing Top...

Solarvest Wins 3rd CGPP Contract, Hits 74% of Full-year Earnings Target

Solarvest Holdings Bhd has secured a RM104 million contract to build a solar power plant in Negeri Sembilan under the Corporate Green Power Programme...

Hartalega’s 2026 Profit Forecast Raised By 12% On Strong World Demand For Gloves

Kenanga Investment Bank Bhd (Kenanga Research) has raised the 2026 net profit forecast for Hartalega Holdings Bhd by 12%, along with the upward revision...

ASEAN+3 Should Up Dollar Monitoring And Regional Capacity Building

ASEAN+3 economies should build up their resilience against the movement of US dollar given the region's heavy reliance on the greenback for cross-border financial...

Negotiation Off For Boeing As Strike Continues

The month-long Boeing Co strike to continue on as the latest talks with federal mediators were not successful, and the plane maker has retracted...

Tesla’s China EV Market Grows 19% YoY, As EVs Gain Popularity Locally

Tesla's China-manufactured electric vehicles (EV) rose 19.2% in September year-on-year, according to a report by Reuters on Thursday quoting data from the China Passenger Car...

MPI Leads Gainers As Nestle Loses Previous Day’s Gain

Today's trading session ended with profit-taking, sending the benchmark KLCI slightly down, losing 0.71 points, or 0.04%, to settle at 1,634.91. Malaysian Pacific Industries was...

Foreign Exchange Rates Oct 9, 2024

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5 pm on October 9, 2024 (Wednesday) provide a comprehensive overview...

Benchmark KLCI Index Down Slightly, Within 1 Point

The benchmark index, FBM KLCI, rallied moderately in today's early session before retreating to 1,634.91, losing 0.71 points, or 0.04%, as investors resorted to...

AEON Selling Greener Future In Retail Sector

AEON Co (Malaysia) Bhd is stepping up its ESG efforts, promoting sustainable retail through active engagement with its customers and partners, said analysts who...

Public Bank’s Rumoured Acquisition of LPI Capital Could Expand Its Insurance Reach

Public Bank Berhad has scheduled a press conference this Thursday (Oct 10)1, which is expected to contain announcement of the rumoured acquisition of LPI...

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