Bursa Malaysia Ends Slightly Lower, Tracking Regional Markets

Bursa Malaysia Slips On Profit-taking After Recent Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia closed lower today in tandem with profit-taking across regional markets after the recent gains, amid cautious sentiment ahead of the US Federal Reserve’s monetary policy decision on Wednesday.

Bursa Malaysia Ends Morning Session Lower, Investors Lock In Gains

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended the morning trading session lower on profit-taking in utilities, industrial and consumer products sectors, after yesterday’s gains.

FBM KLCI Climbs 0.55 Pct, Tracks Regional Upswing

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended higher today, tracking gains across most regional equity markets, an analyst said.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

Maybank IB Remains Positive On Axiata's Earnings Outlook, Reiterates 'buy' Call

KUALA LUMPUR, July 11 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) maintained a positive earnings forecast on Axiata Group Bhd and reiterated a ‘Buy’ call on Axiata with an unchanged target price of RM2.90 per share.

Telco Sector Tracks Estimates In 1Q, Kenanga Maintains 'Neutral' View

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.

Bursa Malaysia Lower At Opening, Tracking Wall Street Losses

By Rosemarie Khoo

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia opened lower today, tracking the overnight losses on Wall Street, with sentiment affected by the ongoing spat between US President Donald Trump and businessman Elon Musk.

EDOTCO Partners Sitetracker To Modernise Tower Operations Across 9 Asian Markets

KUALA LUMPUR, June 3 (Bernama) -- EDOTCO Group, one of Asia’s leading digital connectivity infrastructure companies, has entered into a strategic partnership with United States-based Sitetracker Inc to enhance its field operations through digital transformation across nine Asian markets.

Axiata’s Shares Jump On Strong 1Q Net Profit, HLIB Upgrades To ‘Buy’

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).

Axiata To Exit Myanmar With US$150 Mln Divestment

KUALA LUMPUR, April 4 (Bernama) -- Axiata Group Bhd is exiting Myanmar after its subsidiary, Edotco Investments (Labuan) Ltd, signed a share purchase agreement (SPA) to sell its entire 87.5 per cent stake in Edotco Investments Singapore Pte Ltd for US$150 million (RM713 million).

EDOTCO, DNB Partner With LADA To Transform Langkawi Into Malaysia's First 5G-enabled Digital Tourism Hub

KUALA LUMPUR, March 19 (Bernama) -- EDOTCO Malaysia and Digital Nasional Bhd (DNB) have collaborated with the Langkawi Development Authority (LADA) to transform Langkawi into Malaysia’s first 5G-enabled digital tourism hub.