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Bursa Malaysia Ends Lower On Concerns Over Middle-East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the week on a low note, weighed down by continuous selling in selected heavyweights, led by telecommunications and media counters, due to emerging concerns over global economic uncertainties.

Resilient Cash Flow Amid GN3 Status, Says MMAG Director

SEPANG, Oct 4 (Bernama) -- MMAG Holdings Bhd stated that it is not experiencing any cash flow issues or financial distress, despite triggering Paragraph 2.1(g) of Guidance Note 3 (GN3) of the ACE Market listing requirements.

Bursa Malaysia Suspends Short Selling In Pertama Digital To Oct 7

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia has suspended short selling in Pertama Digital Bhd’s shares to Monday, Oct 7, 2024, at 8.30 am.

Economic Reforms Essential To Withstand Global ‘Slings And Arrows’ - Anwar

From Mohd Haikal Mohd Isa

ISLAMABAD, Oct 3 (Bernama) -- Malaysian Prime Minister Datuk Seri Anwar Ibrahim has reiterated the importance of countries maintaining strong economic fundamentals to withstand the "slings and arrows" of global uncertainties and challenges.

Pertama Digital Reassures Stakeholders It Remains Strong, Well-positioned

KUALA LUMPUR, Oct 3 (Bernama) -- Pertama Digital Bhd has reassured its stakeholders that the company remains strong and well-positioned for sustainable growth despite a recent dip in its stock prices.

Late Buying Of Blue Chips Lifts Bursa Malaysia Out Of Red

KUALA LUMPUR, Oct 3 (Bernama) -- Bursa Malaysia managed to pare earlier losses to close mixed on Thursday, with the key index lifted by late buying in selected heavyweight stocks, led by financial services counters.

Proton Retains Second Place In September's Automotive Sales

KUALA LUMPUR, Oct 3 (Bernama) -- National carmaker Proton Holdings Bhd (Proton) remained in second place in the automotive sales rankings for September, with sales of 11,269 units (domestic and export), bringing its year-to-date (YTD) total sales volume to 112,758 units. 

Sarawak Mulls Forming 'Consolidated Entity' For State's Asset Management, Investment - Abang Jo

KUCHING, Oct 3 (Bernama) -- Sarawak is considering establishing a “consolidated entity” for the asset management and investment of the state government, said Sarawak Premier Tan Sri Abang Johari Tun Openg.

Domestic Financial Markets Remain Resilient Amid Global Volatility - BNM

KUALA LUMPUR, Oct 3 (Bernama) -- Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).

Sunway Shares Up On Plan To Acquire Cheras Land For RM320 Mln

KUALA LUMPUR, Oct 3 (Bernama) -- Sunway Bhd shares on Bursa Malaysia went up in the early session today after it announced plans to buy a 7.11-hectare (ha) prime land in Cheras for RM320 million, earmarking it for mixed-use development.

TNG Digital Urges Govt To Extend SST Exemption For Digital Services

KUALA LUMPUR, Oct 3 (Bernama) -- TNG Digital Sdn Bhd, operator of TNG eWallet, has urged the government to extend the sales and services tax (SST) exemption on digital services in Budget 2025.

Bursa Malaysia Closes Lower On Concerns Over Middle East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia retreated from yesterday's gain to close lower today in line with regional bourses as emerging concerns over the Middle East prompted selling activities across the board, an analyst said.