4m 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).
4m 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).
4m 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.
5m 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.
5m ago
KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened lower on Thursday, mirroring a weaker Wall Street’s performance overnight.
5m 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.
5m 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.
5m ago
KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened mixed on Wednesday, amid a weaker Wall Street performance overnight.
5m ago
KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia remained in consolidation mode at the end of the morning session, continuing from last week, amid a downtrend in regional bourses.
5m ago
KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia opened lower in the early session on Monday amid a lack of fresh catalysts to boost the domestic market.
5m ago
KUALA LUMPUR, May 13 (Bernama) -- A significant restructuring in the shareholding of Digital Nasional Bhd (DNB) has been confirmed through a newly signed Letter of Variation dated today, altering key terms in the previously agreed shareholders agreement on June 28, 2024.
5m ago
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.