25d ago
KUALA LUMPUR, June 9 (Bernama) -- Kenanga Investment Bank Bhd has maintained its “neutral” rating on the telecommunication (telco) sector after companies under its coverage delivered the first quarter of 2025 (1Q 2025) performance that largely tracked estimates.
25d ago
By Anas Abu Hassan
KUALA LUMPUR, June 9 (Bernama) -- Malaysian telecommunication companies (telcos) are advised to move beyond traditional tactics and design bold, digital-first strategies that resonate with today’s discerning consumers to win in the mature and evolving domestic market, according to a study.
27d ago
KUALA LUMPUR, June 8 (Bernama) -- Telecommunication companies (telcos) have reaffirmed their commitment to protecting customer data and privacy, following the use of mobile phone data (MPD) for official statistical purposes by the Malaysian Communications and Multimedia Commission (MCMC).
29d ago
KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended lower at midday today as profit-taking activities continued from mid-morning in most lower liners and selected blue-chip counters, led by industrial products and services stocks.
1m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia picked up momentum in the final hour of trading to close marginally higher, driven by bargain-hunting in energy and telecommunication stocks during the late session, said an analyst.
1m ago
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
1m ago
KUALA LUMPUR, May 29 (Bernama) -- Axiata Group Bhd’s shares rose in early trade after it reported more than a two-fold increase in net profit for the first quarter ended March 31, 2025 (1Q 2025).
1m ago
KUALA LUMPUR, May 28 (Bernama) -- Axiata Group Bhd’s net profit jumped to RM159.8 million in the first quarter ended March 31, 2025 (1Q 2025) from RM60.03 million in the same period last year, driven by foreign exchange gains, lower depreciation and amortisation and higher contributions from CelcomDigi.
1m ago
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia ended the morning session lower in line with regional markets following the weaker Wall Street performance overnight amid growing concerns that the new US budget bill will put more stress on the already huge deficit.
1m ago
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened lower on Thursday, mirroring a weaker Wall Street’s performance overnight.
1m ago
By Siti Radziah Hamzah
KUALA LUMPUR, May 21 (Bernama) -- The FBM KLCI has extended its decline for a fifth consecutive session on Wednesday, underscoring a deepening risk-off sentiment across Malaysia’s equity market, said an analyst.
1m ago
KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia remained lower at the end of the morning trading session, despite the mostly higher regional market performance, as market undertone remains cautious.