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Deadliest December For Global Aviation, A Somber End To 2024

By Kisho Kumari Sucedaram

KUALA LUMPUR, Dec 31 (Bernama) — Several airlines encountered devastating challenges, transforming the end of the year into a tragic chapter for aviation worldwide, resulting in a somber and deadly December for many, marking a stark contrast to hopes for a prosperous conclusion to the year.

Global Passenger Demand Up 7.1 Pct In October 2024 - IATA

KUALA LUMPUR, Dec 4 (Bernama) -- Total global passenger demand, measured in revenue passenger kilometres, was up 7.1 per cent in October 2024 compared to the same month last year, said the International Air Transport Association (IATA).

FBM KLCI Recoups Most Of Earlier Losses At Midday, Lifted By Public Bank, Axiata

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index recovered almost all of its earlier losses at midday, boosted mainly by Public Bank and Axiata.

Axiata Shares Rises As Earnings Meet Market Expectations

KUALA LUMPUR, Nov 29 (Bernama) -- Axiata Group Bhd’s shares rose 3.4 per cent early Friday after the company's earnings for the third quarter of the financial year 2024 (3Q FY2024), in line with market expectations.

Banking Stocks Drag Bursa Malaysia Below 1,600 Level

KUALA LUMPUR, Nov 28 (Bernama) -- The fall in shares of banking heavyweights weighed heavily on Bursa Malaysia, causing the index to slip below the crucial 1,600 mark.

Axiata Returns To Black With RM976.67 Mln Net Profit In 3Q

KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.

Bursa Malaysia Higher At Midday, In Sync With Regional Market Trends

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index turned higher at midday, in tandem with regional market trends and ongoing buying in selected heavyweights, particularly in the industrial products and services, as well as the financial services sectors. 

Bursa Malaysia Opens Higher Tracking Wall Street

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia's key index was higher in early trade today, tracking Wall Street which closed on a strong note with the Dow Jones Industrial Average (DJIA) hitting a record high of 44,000 last Friday as stocks stayed firmly bullish, said an analyst. 

Axiata Group's Hans Wijayasuriya To step Down And Become Chief Advisor To Sri Lankan President

KUALA LUMPUR, Nov 1 (Bernama) -- Axiata Group Bhd (Axiata) chief executive officer of telecommunications business and group executive director Dr Hans Wijayasuriya will step down from the company on Jan 15, 2025, having accepted an invitation to be the chief advisor to the Sri Lankan President on digital economy.

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Bursa Malaysia Trims Loss At Midday, Bargain Hunting Lifts Key Index Above 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks. 

Global Passenger Demand Up 7.1 Pct In September, An All-time High -- IATA

KUALA LUMPUR, Nov 1 (Bernama) -- Total global passenger demand, measured in revenue passenger kilometres (RPK), rose by 7.1 per cent year-on-year (y-o-y) in September 2024 versus a year ago, an all-time high, according to the International Air Transport Association (IATA).