Latest Bursa Malaysia News
Leon Fuat’s 2Q Revenue Falls 10.8% To RM217.42 Mil, Profit Follows – BusinessToday
Leon Fuat Bhd (Leon Fuat), a manufacturer and trader of steel products specialising in rolled long and flat steel, announced a decrease in revenue for [more]
Tune Protect Celebrates Increase In PAT Of RM11.2 Mil, Growth More Than 100% – BusinessToday
Tune Protect Group Berhad ("Tune Protect") reported encouraging financial results for the second quarter of the financial year 2023 ("2Q23"), its third consecutive quarter of [more]
AAX Saw Its Q2 Revenue Jump 5 Fold To RM512 Million, Remains In The Black
While this reporting period has always seen relatively lower sales due to seasonality, the surge in international travel since the reopening of borders has contributed [more]
FBMKLCI Posts Modest Loss, Broader Market Firmer – BusinessToday
Bursa Malaysia's key index ended slightly lower while the broader market was firmer today on lack of buying interest as investors shifted their focus on [more]
Harassing Calls From China Over Fukushima Water ‘Extremely Regrettable’ – BusinessToday
Japan said on Monday that many harassing phone calls were received in the country, likely from China, regarding the release of treated radioactive water from [more]
Premise With Belly Dancer Show In Bukit Bintang Ordered To Shut Down
City Hall said according to the workers at the premises, the semi-nude dance incident took place on July 5, in conjunction with the outlet's anniversary [more]
Ringgit Opens Lower Against US Dollar Amid Hawkish Fed Comments, Global Uncertainties – BusinessToday
The ringgit opened lower against the US dollar today, as the greenback stayed firm following hawkish comments from the United States (US) Federal Reserve (Fed) [more]
TNB 1H Profits Dragged By Negative Fuel Margins, RHB Cuts Forecast Earnings
The house cuts the FY23-25F earnings estimates by 11-5% to account for the negative fuel margins and lower JV & associate contributions. Read More
From Vision to Greens: De Lettuce B.E.A.R’s Journey to Nutrient-Rich Agriculture – BusinessToday
In the heart of Southeast Asia, a story of innovation, sustainability, and social responsibility is unfolding. Meet Chin Jia Zhuang, the visionary CEO of De [more]
Oil Ticks Higher After China Moves To Support Flagging Economy – BusinessToday
Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though investors remained worried about the [more]
FBMKLCI May Turn Positive On The Broader Market’s Tone – BusinessToday
The FBMKLCI ended flat on Friday as investors were trading cautiously prior to the Jackson Hold Symposium despite both the deals from SIME-UMW and KLK-BPLANT [more]
STI Up 0.3%, Singapore Stocks Buck Regional Trends To End Last Week Higher – BusinessToday
Singapore shares bucked regional market trends and rose on Friday (Aug 25) to close out the week higher. The gains come amid slowing growth in [more]
Hong Kong Viable Stocks – Pop Mart International, Uni-President China – BusinessToday
Pop Mart International has undergone a bullish breakout and may extend its bullish trajectory. RHB Research, in a note today (Aug 28), said the stock [more]
HSIF Slides Below 18,000 Pts, Bears Still In Control – BusinessToday
The HSIF failed to extend the counter-trend rebound on Friday, and shed 243 pts to close at 17,954 pts - falling below the 18,000-pt level. [more]
Stock Picks Of The Day – Ekovest, Malaysian Resources – BusinessToday
Ekovest's positive momentum is gaining traction as it eyes to extend the upside movement. RHB Research, in a note today (Aug 28), said they observed [more]
U.S. Stocks May Face Difficult Week Ahead – BusinessToday
The U.S. stock market recovered from a three-week losing streak this week, though release of Nvidia's earnings and a speech by Federal Reserve Chair Jerome [more]
China Halves Stamp Duty On Stock Trading To Boost Its Market
The finance ministry said in a brief statement on Sunday it was reducing the current 0.1 percent duty on stock trades "in order to invigorate [more]
Entrepreneurs Should Take Advantage Of SSM’s Free Business Registration Scheme
There is still RM6 million in grants available that can benefit 80,000 entrepreneurs Read More
Evergrande Group First Half 2023 Loss Narrows To US$4.53 Billion
The world's most indebted developer posted a combined net loss of 582 billion yuan for 2021 and 2022 in a long-overdue earnings report last month, [more]
TV Pertiwi Iinvestigation Still Ongoing, Disclosure Of Meeting Unwarranted: MCMC
After meeting with MCMC, the owners of the site refused to remove the content alleging that no concrete violations were presented by the regulator. Read [more]
MSM Could Fare Better In 2H On Normalising Of Production Costs
MIDF in its review of MSM's preliminary forecast anticipates the cost of production to normalise following a fall in NY11 and natural gas price and [more]
Dirty Food Processing Factory In Ampang Ordered To Shut Down – BusinessToday
Two food processing factories in Pandan Indah and Pandan Mewah, Ampang were ordered to close for 14 days because the cleanliness level of the premises [more]
Since Mugshot, Trump Raises US$7.1 Million While Facing Jail Term
Trump is currently facing four indictments related to his false claims that the election was stolen, and the Jan 6, 2021 attack by his followers [more]
China Passenger Traffic Surges 47% In July
A total of 8.21 billion passenger trips were made in urban areas in July, an expansion of 14.7 percent year on year, data showed. Read [more]