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Bursa Malaysia Rises As Wall St Gains Boost Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia opened higher on the week's first trading day, buoyed by Wall Street's overnight gains ahead of tomorrow's United States (US) presidential election.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

XPENG Listed On Fortune China's "Tech 50", "China 500" For Leading AI Mobility Innovation

KUALA LUMPUR, Nov 1 (Bernama) -- XPENG, a Chinese high-technology car company, has secured places on both the "Fortune Tech 50" and "Fortune China 500" lists, reaffirming its competitive advantage and status as a leader in technological innovation.

Bursa Malaysia Trims Loss At Midday, Bargain Hunting Lifts Key Index Above 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks. 

Chinese Coastal City Yuyao Thrives In Businesses, Social Development

KUALA LUMPUR, Nov 1 (Bernama) -- An event focused on empowering business operations and development through Chinese traditional philosophy was held in Yuyao, located in the eastern province of Zhejiang, China, on Oct 30.

BMI Revises Malaysia’s Health Expenditure Growth Forecast To 8.7 Pct

KUALA LUMPUR, Nov 1 (Bernama) -- BMI, a Fitch Solutions company, has revised its forecast for Malaysia’s health expenditure growth to 8.7 per cent per year from 2023 to 2028, up from its previous forecast of 8.3 per cent.

Bursa Pares Some Losses, Trades Remain Below 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index reversed some of its losses at mid-morning as some blue-chips and mid-caps recovered from earlier weaknesses, led by Axiata and SD Guthrie.

FBM KLCI Falls Below 1,600, Set To Attract Bargain Hunters

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia fell below the key psychological support level of 1,600, as investors held back from making significant moves amid weak cues from Wall Street following a disappointing outlook from major tech firms.

Swedish Firms Supporting Malaysia’s Green Transition With Sustainable Investments

By Kisho Kumari Sucedaram & Mikhail Raj Abdullah

KUALA LUMPUR, Oct 31 (Bernama) – Top Swedish firms that have been investing in Malaysia’s industrial development since the nation achieved its independence are lending their expertise in the country’s green economy transition by focusing on the sustainability agenda.

Kioxia's QLC UFS Ver. 4.0 Devices Suitable For Applications With Higher Storage Capacity

KUALA LUMPUR, Oct 30 (Bernama) -- Kioxia Corporation, a world leader in memory solutions,  announced it has begun mass production of the industry’s first Universal Flash Storage (UFS) Ver. 4.0 embedded flash memory devices with four-bit-per-cell, quadruple-level cell (QLC) technology.

Bursa Malaysia Ends Lower On Regional Jitters As US Election Uncertainty Weighs

By NurulJannah Kamaruddin

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia mirrored regional jitters to end lower as the US election nears with polls indicating a closely contested race.