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Bursa Malaysia Shines In 2024, CI To Touch 1,800 Next Year, With 50 New Listings

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.

Bursa Malaysia Extends Winning Streak To 6 Days, CI Closes The Year Up 0.28 Pct

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index closed the year with modest gains, rising by 0.28 per cent and bucking the regional downtrend, thanks to strong buying momentum in selected heavyweights.  

Bursa Malaysia Ends Morning Session Lower, CI Down 0.21 Pct

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia ended the morning session on a negative note, taking a cue from Wall Street’s weaker overnight performance. 

Permaju Proposes RM258 Mln Capital Reduction 

KUALA LUMPUR, Dec 31 (Bernama) -- Permaju Industries Bhd has proposed a capital reduction of up to RM258 million via the cancellation of its issued share capital “which is lost and unrepresented by available assets.” 

Weak Start As Bursa Malaysia Wraps Up 2024

KUALA LUMPUR, Dec 31 (Bernama) -- Bursa Malaysia’s benchmark index opened slightly higher but reversed course, tracking weaker Wall Street performance overnight.  

Bursa Malaysia Recoups Earlier Losses To End Higher

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions. 

Bursa Malaysia Advances At Midday, CI Up 0.30 Pct

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the morning session on a positive note, lifted by sustained buying in selected heavyweights amid year-end window-dressing activities.

Bursa Malaysia Opens Lower On Weaker Wall Street

KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance on Friday.

Window Dressing Activities Likely To Drive Bursa Malaysia Higher Next Week

By Anas Abu Hassan

KUALA LUMPUR, Dec 28 (Bernama) -- Year-end window dressing activities are expected to drive Bursa Malaysia's continued uptrend next week, fuelled by positive sentiment, according to UOB Kay Hian Wealth Advisors Sdn Bhd. 

Rubber Market Likely To Trade Range-bound With Downside Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 28 (Bernama) -- The rubber market is expected to be trading range-bound with a downside bias next week as demand seems to be sluggish during the holiday season, said industry expert Denis Low.

CPO Futures May Be Supported By Weaker Output, Lower Stocks Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week due to weaker output and lower stock levels, according to palm oil trader David Ng.

Ho! Ho! Ho! Bursa Malaysia Ends Christmas Trading Week On A Roll

By Anas Abu Hassan

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia extended its bullish momentum for the fourth consecutive day on Friday to end the Christmas trading week on a merry note, driven by window-dressing activities and robust growth forecasts, said an analyst.