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Bursa Falls Below 1,600 Level, tycoon Ananda Krishnan’s Companies See Shares Decline

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia extended its downtrend in mid-afternoon trade with the benchmark index below the crucial 1,600 level as regional markets followed Wall Street’s downbeat performance overnight.

Bursa Wraps Up Morning Session Slightly In Red As Decliners Dominate

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia pared earlier gains to end the morning session slightly in the red as selling outpaced buying on a lack of catalysts, especially with US markets closing on Thursday for the Thanksgiving holiday.

Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.

MAHB To Sustain Strong Passenger Growth In 2024-2025 -- Analysts

KUALA LUMPUR, Nov 27 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is expected to sustain strong passenger traffic growth in 2024-2025, supported by rising demand from key markets such as China, India, and Southeast Asia.

MAHB Posts Higher 3Q Net Profit Of RM210.37 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) posted a higher net profit of RM210.37 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM94.76 million in the same period last year.

Kolmar BNH Spearheads ESG Management Via Eco-friendly R&D

KUALA LUMPUR, Nov 26 (Bernama) -- Kolmar BNH, a Korean health functional food Original Development Manufacturing (ODM) firm, is at the forefront of environmental, social, and governance (ESG) management through eco-conscious research and development (R&D).

Gamuda, 99 Speed Mart Could Join FBM KLCI Constituents - CIMB Securities

KUALA LUMPUR, Nov 26 (Bernama) -- CIMB Securities Sdn Bhd through its analysis has indicated that Gamuda Bhd and 99 Speed Mart Retail Holdings Bhd may replace Genting Bhd and Genting Malaysia Bhd as FBM KLCI constituents in the upcoming review in December.

RHB Investment Bank To Divest Equity Interest In RHB Securities Thailand

KUALA LUMPUR, Nov 25 (Bernama) -- RHB Investment Bank Bhd, a wholly-owned subsidiary of RHB Bank Bhd, will divest approximately 99.95 per cent of its equity interest in RHB Securities (Thailand) Public Company Ltd and exit the Thailand stockbroking and securities market.

PuTERA35 Engages GLCs, GLICs, And Private Sector To Strengthen Bumiputera Economy

KUALA LUMPUR, Nov 25 (Bernama) -- The Bumiputera Economic Transformation Plan 2035 (PuTERA35) introduces substantial improvements over previous initiatives, emphasising inclusive participation from government-linked companies (GLCs), government-linked investment companies (GLICs), and the private sector.

Govt Will Ensure The People Will Not Be Burdened By Economic Reforms - PM Anwar

KUALA LUMPUR, Nov 23 (Bernama) -- The government is committed to ensuring that the implementation of MADANI economic reforms has minimal or no impact on the people in general, said Prime Minister Datuk Seri Anwar Ibrahim.

Globetronics Shares Rally In Early Trade After Taiwan Deal

KUALA LUMPUR, Nov 22 (Bernama) -- Globetronics Technology Bhd shares on Bursa Malaysia surged in the early session after the company entered into a strategic partnership with Taiwan-based ChipMOS Technologies Inc for integrated circuit services.

Good Bilateral Relations With Four Countries Visited Bear Fruit - Anwar

KUALA LUMPUR, Nov 21 (Bernama) -- Good bilateral relations with the four countries Prime Minister Datuk Seri Anwar Ibrahim recently visited have borne fruit and facilitated the government's mission to attract new business and investments.