Value Of KBBM Sales Up 103.2 Pct To RM5.5 Bln In 2023
PUTRAJAYA, Nov 30 (Bernama) -- The Buy Malaysian Goods Campaign (KBBM) in 2023 showed an increase of 103.2 per cent compared to 2022 with a sales value of RM5.5 billion.
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FBM KLCI Seen To Move Between 1,600 And 1,610 Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.
FBM KLCI Reverses Gains, Bursa Malaysia Ends In Red Weighed By Utilities
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.
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.
Analysts Positive On Sime Darby FY2025 Earnings Growth
KUALA LUMPUR, Nov 29 (Bernama) -- RHB Investment Bank Bhd has raised its financial year 2025 and 2026 (FY2025–FY2026) earnings forecasts for Sime Darby Bhd by two per cent to account for an upward revision of its 2025 Perodua sales volume assumption to 330,000 units from 310,000 units.
Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries
KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.
Wasco Records Net Profit Of RM25.02 Mln In 3q
KUALA LUMPUR, Nov 28 (Bernama) -- Wasco Bhd recorded a net profit of RM25.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) compared with RM27.41 million posted in the same quarter last year.
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.
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.
Sime Darby’s Net Profit Soars To RM800 Mln In 1Q FY2025
KUALA LUMPUR, Nov 28 (Bernama) -- Sime Darby Bhd's net profit for the first quarter ended Sept 30, 2024 (1Q FY2025) surged to RM800 million, up from RM589 million in the same period last year.
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 Opens Higher, But Retreats Thereafter
KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but turned lower thereafter following a lack of catalysts amid Wall Street’s soft performance amid sticky inflation data and trading slowing ahead of the US Thanksgiving Day holiday.