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PIVB Maintains 'Outperform' Rating On AAX

KUALA LUMPUR, Oct 25 (Bernama) -- Public Investment Bank Bhd (PIVB) has maintained its "outperform" rating on AirAsia X Bhd (AAX) supported by its robust demand in the third quarter of 2024 (3Q 2024).

KWAP Invests RM219 Mln In Cyan Renewables To Boost Malaysia's Offshore Sector

KUALA LUMPUR, Oct 25 (Bernama) -- The Retirement Fund Inc (KWAP) has invested RM219 million for a minority stake in Cyan Renewables (Cyan), Asia's largest owner and operator of offshore support vessels.

FBM KLCI Futures Open Mixed

KUALA LUMPUR, Oct 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened mixed in early trade today. 

Bursa Opens Little Changed On Friday 

KUALA LUMPUR, Oct 25 (Bernama) -- Bursa Malaysia opened slightly higher today on volatile trading amid Wall Street's mixed sentiment after corporate earnings showed varying performances, said an analyst.

Ringgit Extends Gains To Open Higher Against US Dollar

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit extended positive momentum to trade higher against the US Dollar in the early session today, supported by continued buying demand as more investors shifted to currencies from emerging countries, including the ringgit, an analyst said.

CPO Futures Rally On Expectations Of Weaker Output, Lower Stockpiles

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to above RM4,600 per tonne for the January 2025 benchmark contract, boosted by positive sentiment amid expectations of weaker output and lower stock levels, said a trader.

Govt Outlines 11 Potential Sectors For Bumiputera Including HGHV Industries

KUALA LUMPUR, Oct 24 (Bernama) -- The government has outlined 11 potential sectors to be capitalised by the bumiputera community, including high-growth, high-value (HGHV) industries.

AirAsia X Reports 34 Pct Growth In Passengers To 1.08 Million In 3q 2024

KUALA LUMPUR, Oct 24 (Bernama) -- AirAsia X Bhd carried 1.08 million passengers in the third quarter (3Q) of 2024, representing a 34 per cent year-on-year (y-o-y) increase, and delivered a strong passenger load factor of 84 per cent, up by four percentage points. 

Iskandar Malaysia secures RM40.3 Bln Committed Investments From Jan-Sept 2024 - Anwar

KUALA LUMPUR, Oct 24 (Bernama) -- Iskandar Malaysia has recorded committed investments of RM40.3 billion from January to September 2024, with realised investments reaching RM22.5 billion, said Prime Minister Datuk Seri Anwar Ibrahim.

DXN Posts Lower 2Q Net Profit Of RM65.97 Mln

KUALA LUMPUR, Oct 24 (Bernama) -- DXN Holdings Bhd posted a lower net profit of RM65.97 million in the second quarter of the financial year 2025 (2Q FY2025) ended Aug 31, 2024, from RM76.02 million amid higher foreign exchange losses as well as elevated costs for employee benefit and shipping rates.

CapitaLand Malaysia Trust Posts Higher 3Q Net Profit

KUALA LUMPUR, Oct 24 (Bernama) -- Capitaland Malaysia Trust (CLMT) registered a higher net profit of RM30.23 million in the third quarter ended Sept 30, 2024 (3QFY2024) compared with RM27.78 million recorded in the same period a year ago.

FBM KLCI Futures Ends Lower

KUALA LUMPUR, Oct 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, in line with the performance of the underlying cash market.