Bursa Malaysia Lower At Midday Break, Profit-taking In Telecommunications And Consumer Counters

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia’s composite index hovered lower at the midday break, weighed down by profit-taking in telecommunications, consumer products and utilities heavyweight counters.

Axiata Shares Ease After Lower Revenue In Second Quarter

KUALA LUMPUR, Aug 29 (Bernama) -- Axiata Group Bhd shares eased in early trade today after the group reported a decline in revenue for the second quarter ended June 30, 2025 (2Q 2025).

KLCI Futures Lower At Open

KUALA LUMPUR, Aug 29 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives opened lower on Friday.

Bursa Malaysia Opens Lower On Profit-Taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia retreated in early trade due to profit-taking amid a lack of fresh local catalysts, despite the positive performance on Wall Street overnight.

CPO Futures End Lower On Weaker Global Vegetable Oil Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, in line with overall weaknesses in global vegetable oil markets, said an analyst.

Hap Seng's 2Q Net Profit Slips To RM143.68 Mln

KUALA LUMPUR, Aug 28 (Bernama) -- Hap Seng Consolidated Bhd’s net profit dipped to RM143.68 million in the second quarter ended June 30, 2025 (2Q 2025) from RM170.13 million in the same period last year.

FBM KLCI Futures End Lower In Tandem With Cash Market

KUALA LUMPUR, Aug 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mostly lower today, tracking the underlying cash market’s performance.

Bursa Malaysia Reverses Earlier Gains To End Slightly Lower

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia gave up earlier gains to end marginally lower as persistent selling pressure emerged in the afternoon session, despite the mostly higher regional market performance.

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.

Johor Data Centres Operating Capacity Can Reach Up To 5,000 MW In 2029 - Fitch Ratings

KUALA LUMPUR, Aug 28 (Bernama) -- Credit rating agency Fitch Ratings foresees tremendous growth in data centres in Johor, with operating capacity to possibly reach up to 5,000 megawatts (MW) in 2029.

RHB Bank Posts Higher Net Profit Of RM803.50 Mln In 2Q 2025

KUALA LUMPUR, Aug 28 (Bernama) -- RHB Bank Bhd posted a higher net profit of RM803.50 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.2 per cent from RM722.31 million in the same quarter a year ago.

Toshiba Launches 650V 3rd-generation SiC MOSFETs For High-efficiency Industrial Power

KUALA LUMPUR, Aug 28 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba) has introduced three 650-volt (V) silicon carbide (SiC) MOSFETs, equipped with its latest third-generation SiC chips and housed in surface-mount TOLL packages.