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Bursa Malaysia Closes Mixed

By Zarul Effendi Razali

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended mixed today, with the benchmark index curtailing its recent rally as continued selling in selected heavyweights -- led by Tenaga Nasional -- limited gains, an analyst said.

Bursa Malaysia Ends Morning Session Weaker

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended the morning session on a weaker note, driven by continued profit-taking in utilities and financial services counters.

Data Centre's Robust Expansion To Drive Electricity Demand – Kenanga IB

KUALA LUMPUR, July 3 (Bernama) -- The robust expansion of data centres (DCs) is expected to drive electricity demand, which in turn will increase the need for power generation and gas consumption, said Kenanga Investment Bank Bhd (Kenanga Research).

TNB Shares Hit By Federal Court Ruling

KUALA LUMPUR, July 3 (Bernama) -- Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia were hit in early trading today following the Federal Court’s decision to allow the Inland Revenue Board of Malaysia’s (IRB) appeal over an additional tax assessment notice issued to the company for the 2018 assessment year.

Bursa Slips At Open As Profit Taking Curbs Gains

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking upbeat regional sentiment, but mild profit taking in selected heavyweights following a recent rally weighed on the market, an analyst said.

Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.

Bursa Malaysia Higher At Midday Break

KUALA LUMPUR, July 2 (Bernama)  -- Bursa Malaysia stayed marginally higher at midday, driven by persistent buying activities in selected heavyweights, particularly the financial services as well as telecommunications and media counters.

Bursa Rebounds After Lower Open On Economic Optimism

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday but rebounded soon after, supported by continued buying in selected heavyweights amid optimism over the domestic economic outlook, an analyst said.

Continued Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 1 (Bernama) -- Continued buying momentum in selected heavyweights have pushed Bursa Malaysia to close at its intraday high today, marking its fourth consecutive session of strong performance, an analyst said.

Bursa Malaysia Stays Marginally Higher At Midday

KUALA LUMPUR, July 1 (Bernama)  -- Bursa Malaysia stayed marginally higher at midday, driven by persistent buying activities in selected heavyweights, particularly in the utilities and construction counters, amid mixed sentiment among regional peers.

Bursa Marginally Higher On Heavyweight Buying, Upbeat Outlook

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday, supported by continued buying in selected heavyweights amid optimism over the economic outlook, an analyst said.

Hyrax Oil Named Sole Distributor For Ergon Malaysia

KUALA LUMPUR, June 30 (Bernama) -- Hyrax Oil Sdn Bhd, a leading Malaysian producer of lubricants and transformer oils, has been appointed the sole distributor of ester-based transformer oils by Ergon Oil (Singapore) Pte Ltd, a regional subsidiary of United States-based specialty oil firm Ergon Inc.