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Hartanah Kenyalang Expects Margin Squeeze From US-Iran War, Implements Cost Measures

KUALA LUMPUR, April 8 (Bernama) -- Hartanah Kenyalang Bhd expects the ongoing United States (US)-Iran war to affect its margins, but the company will mitigate the impact by implementing cost-saving measures.

Bursa Malaysia Ends Higher, CI Jumps 1.16 Pct As US-Iran Ceasefire Lifts Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.

Bursa Malaysia Higher At The Opening

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid a cautious undertone, in line with most regional markets, after US President Donald Trump suspended planned strikes on Iranian infrastructure for two weeks.  

IILM Prices US$1.335 Bln short-term sukuk amid Global Market Volatility

KUALA LUMPUR, April 7 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has completed the reissuance of US$1.335 billion in short-term sukuk across five tenors: two weeks, one month, three months, six months and nine months.

Ringgit Closes Nearly Flat Versus Greenback Amid Ongoing West Asia Conflict

KUALA LUMPUR, April 7 (Bernama) -- The ringgit closed almost flat against the US dollar today as investors remained cautious amid the ongoing conflict in West Asia.

AWC Unit Bags RM22.18 Mln Data Centre Job

KUALA LUMPUR, April 7 (Bernama) -- Main Market-listed engineering services group, AWC Bhd, via its wholly-owned subsidiary, Qudotech Sdn Bhd, has inked a RM22.18 million contract from a joint venture contractor (awarder) in relation to a data centre project.

Bursa Malaysia Ends On A Softer Note Amid Escalating West Asia Conflict

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.

Rubber Market Extends Gains On Strong Regional Futures, Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 7 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Tuesday, supported by gains in regional rubber futures, rising crude oil prices, and a slightly weaker ringgit against the US dollar, a dealer said.

Helios Photovoltaic Eyes 33 Mln Euros IPO On Frankfurt Stock Exchange

KUALA LUMPUR, April 7 (Bernama) -- Helios Photovoltaic Sdn Bhd, en route to a listing on the Frankfurt Stock Exchange in Germany, aims to raise 33 million euros (1 euro = RM4.64) from its initial public offering (IPO). 

Bursa Malaysia Continues Downtrend At Mid-Afternoon

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia extended its decline into mid-afternoon trading, mirroring the broader regional weakness, as investors stayed cautious ahead of United States (US) President Donald Trump’s deadline for Iran to reach a peace agreement.

Malaysian Biodiesel Association Urges Govt To Expedite Higher Blends For National Biodiesel Programme

KUALA LUMPUR, April 7 (Bernama) -- The Malaysian Biodiesel Association (MBA) has called on the government to follow the proactive measures announced by other ASEAN counterparts and expedite the nationwide implementation of higher blends under the national biodiesel programme for both the transport and industrial sectors.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday, tracking overnight gains on Wall Street.