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KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.
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KUALA LUMPUR, Feb 10 (Bernama) -- Gains in Axiata, Tenaga Nasional, and Maybank helped Bursa Malaysia’s main index pare earlier losses, ending marginally lower amid the ongoing concerns about US inflation and President Donald Trump’s reciprocal tariff threat.
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KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.
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KUALA LUMPUR, Feb 7 (Bernama) -- Kinergy Advancement Bhd (KAB) is venturing into the Independent Power Producer (IPP) sector with the acquisition of a 47.5 per cent stake in Jati Cakerawala Sdn Bhd, a wholly-owned subsidiary of Pesaka Ventures Sdn Bhd (PVSB), for RM35 million.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia opened lower on Friday on mild profit-taking in selected heavyweights led by SD Guthrie and Tenaga Nasional, analysts said.
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KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today as bargain hunting emerged amid news on delayed import tariffs hike proposed by the United States (US) on Mexico and Canada on Monday.
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KUALA LUMPUR, Feb 3 (Bernama) -- Salcon Bhd’s indirect unit Mentari Kamuning Sdn Bhd (MKSB) has signed a new enhanced dispatch agreement (NEDA) connection agreement with Tenaga Nasional Bhd (TNB).
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By Anas Abu Hassan
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia staged a rebound from early losses to end the holiday-shortened trading week on a positive note, albeit in thin trading, supported by renewed buying interest, said an analyst.
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KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia opened marginally higher but turned lower thereafter, weighed by cautious sentiment despite Wall Street’s positive overnight performance, an analyst said.
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By Anas Abu Hassan
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its subdued trading to close lower today, dragged by persistent selling as the market was influenced by Wall Street’s sharp reaction to the introduction of China's DeepSeek artificial intelligence (AI) model, said an analyst.
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KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia ended the morning session lower today as continuous selling was observed across the board, tracking the softer tone of the US market performance.
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KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia extended its downtrend to open lower on Tuesday in cautious mode, tracking Wall Street’s weaker overnight performance due to a major sell-off in the technology sector, an analyst said.