Bursa Malaysia Remains Higher At Mid-afternoon

KUALA LUMPUR, March 14 (Bernama) -- Bursa Malaysia continued to trade higher at mid-afternoon lifted by gains in heavyweights led by Maybank and YTL Power International Bhd. 

Bursa Malaysia Opens Lower As US-EU Trade Tensions Rise

KUALA LUMPUR, March 14 (Bernama) -- Bursa Malaysia opened lower, reversing the previous day's gains, as Wall Street weakened after US President Donald Trump intensified his "tariff bullets" against the European Union.  

FBM KLCI Rallies As Best-performing Index, Rebounding From 5-day Sell-off

By Siti Noor Afera Abu

KUALA LUMPUR, March 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) emerged as the top-performing index in the region today, gaining 1.69 per cent, as it bounced back from a significant five-day sell-off, driven by bargain hunting.

Bursa Malaysia Crosses 1,500 On Bargain Hunting 

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia extended its gains, crossing the 1,500 level by midmorning, driven by bargain hunting in selected heavyweights, particularly in financial services, plantations, and healthcare.  

Anwar: Sapura Energy’s Rescue Plan Excludes Former Shareholders

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.

Bargain Hunting Lifts Bursa Malaysia At Midday, CI Up 1.49 Pct

By Siti Noor Afera Abu

KUALA LUMPUR, March 13 (Bernama) -- Bargain hunting in financial services and uitlities heavyweights lifted the key index higher at midday, amid the mostly weaker regional market performance.

Anwar: Sapura Energy's Capital Injection Provides No Benefit to Shareholders or Management

PUTRAJAYA, March 13 (Bernama) -- The Federal Government’s RM1.1 billion capital injection into Sapura Energy Bhd (SEB) did not benefit shareholders or SEB’s management, Prime Minister Datuk Seri Anwar Ibrahim said.  

Anwar: RM1.1 Bln Sapura Energy Injection A Loan, Not A Sunk Cost

PUTRAJAYA, March 13 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has emphasised that the RM1.1 billion injection into Sapura Energy Bhd (SEB) is a loan, not a sunk cost, and must be repaid.  

Investment In Sapura Energy By MDH To Repay Local Vendors - PNB

KUALA LUMPUR, March 12 (Bernama) -- The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd (SEB) will be exclusively used to repay local vendors, without benefitting any existing SEB shareholders or financial creditors, said Permodalan Nasional Bhd (PNB).

FBM KLCI Extends Decline Amid Rising Global Trade Tensions

By Siti Noor Afera Abu

KUALA LUMPUR, March 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued its decline, breaching the key support level of 1,490-1,500, driven by heightened investor concerns over the potential repercussions of an escalating global trade dispute.

Bursa Malaysia Remains Lower At Midday Amid US Recession Concerns

By Siti Noor Afera Abu

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at midday on selling pressure in selected financial services and plantation stocks, as United States (US) equities continued to face volatility due to fresh recessionary concerns.

Sapura Energy Among Active Stocks After MOF Injects RM1.1 Bln Investment

KUALA LUMPUR, March 12 (Bernama) -- Sapura Energy Bhd emerged as among top traded stocks in early trade after securing RM1.1 billion in investment from Malaysia Development Holding Sdn Bhd (MDH) through the latter’s subscription of the company’s nominal value of redeemable convertible loan stocks.