YTL Corp 1Q Net Profit Shrinks To RM333.713 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- YTL Corp Bhd’s net profit for the first quarter ended Sept 30, 2024 (1Q 2024), decreased to RM333.713 million from RM521.726 million in the same quarter last year.

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.

Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.

Bursa Malaysia In Negative Territory At Midday

KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia was in negative territory at midday today, dragged down by continued selling activities led by the utilities stocks amid a lack of new catalysts, analysts said. 

Malaysia’s Second 5G Network Poised To Support IIoT, High-bandwidth Sectors - BMI

KUALA LUMPUR, Nov 7 (Bernama) -- BMI, a Fitch Solutions company, sees potential for Malaysia’s second 5G network to carve out a role as a niche connectivity provider, particularly supporting Industrial Internet of Things (IIoT) applications.

Kenanga Investment Bank Expects Rise In Demand For Cloud Services Due To Data Centre Investments

KUALA LUMPUR, Nov 4 (Bernama) -- Kenanga Investment Bank Bhd anticipates a rise in demand for cloud services, including graphics processing units-as-a-service pioneered by Maxis Bhd locally, as global cloud service providers continue to invest heavily in data centres, cloud, and artificial intelligence (AI) infrastructure in Malaysia.

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. 

Bursa Pares Some Losses, Trades Remain Below 1,600

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index reversed some of its losses at mid-morning as some blue-chips and mid-caps recovered from earlier weaknesses, led by Axiata and SD Guthrie.

YTL Power Clarifies 1BestariNet Project Secured Via Open Tender

KUALA LUMPUR, Oct 30 (Bernama) -- YTL Power International Bhd has clarified that the company was awarded the 1Bestarinet project through an open tender process, brushing off accusations of misconduct.

Bursa Malaysia Ends Morning Session In Positive Territory

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, taking cues from the optimism in US markets overnight.

Youth Economic Forum Serves As A Platform For Youths In Nation-Building

KUALA LUMPUR, Oct 26 (Bernama) -- The Youth Economic Forum (YEF) 2024, which gathered over 1,200 delegates today, has provided a platform for young professionals, universities and college students to engage in discussions about Malaysia's evolving economic landscape, focusing on digital and green economy, as well as talent development.