KIP REIT To Acquire Setapak Central For RM435 Mln

KUALA LUMPUR, April 27 (Bernama) -- KIP Real Estate Investment Trust (KIP REIT), via its trustee Pacific Trustees Bhd, has entered into a conditional sale and purchase agreement for the proposed acquisition of Setapak Central for RM435 million.

Bursa Malaysia Ends Slightly Lower In Line With Weaker Regional Peers

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia closed marginally lower in line with the weaker performance of regional peers as investors refrained from taking long positions ahead of the weekend.

Bursa Malaysia Ends Firmer, Lifted By Banks & Telcos

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia closed higher today, lifted by selective buying in banking and telecommunications heavyweights amid improved sentiment following the extended ceasefire in West Asia.

Bursa Malaysia Snaps Four-day Winning Streak On Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia snapped a four-day winning streak to close marginally lower today, as profit-taking followed mixed performances across regional markets.

Bursa Malaysia Ends Higher On Optimism Over Possible Second Round of US-Iran Talks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia closed higher today with market sentiment improving following reports that Iran may attend a second round of negotiations with the United States in Pakistan.

Bursa Malaysia Closes Higher On Buying In Defensive Large-Cap Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia closed higher today, supported by buying interest in large-cap stocks as investors shifted toward defensive counters amid rising geopolitical uncertainty.

Bursa Malaysia Ends Week Higher On Strong GDP Outlook

By Abdul Hamid A Rahman

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia closed the week higher, extending its upward momentum, buoyed by positive sentiment following the release of Malaysia’s advance gross domestic product (GDP) estimates, reinforcing the narrative of resilient domestic demand.

Bursa Malaysia Rebounds On Hopes Of Easing US-Iran Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia rebounded from early losses to close higher on Thursday supported by a more stable global backdrop amid rising hopes of an easing in United States-Iran tensions following renewed talks.

Profit-taking Drags Bursa Malaysia To End Lower

KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia erased early gains to end slightly lower on Wednesday, as profit-taking emerged in selected heavyweight counters mainly in financial services and utilities sectors.

Bursa Malaysia Ends Higher On US-Iran Peace Talk Optimism

By Danni Haizal Danial Donald

KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia ended Tuesday’s trading session higher, in line with gains across regional markets, as sentiment improved on expectations of potential peace talks between the United States (US) and Iran.

Bursa Malaysia Ends Lower Following US Plan To Blockade Strait Of Hormuz

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.

Bursa Malaysia Closes Broadly Higher, Led By Tech, Property And Construction Stocks

By Siti Radziah Hamzah

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia closed broadly higher, with buying momentum seen mainly in technology, property and construction stocks.