1d ago
KUALA LUMPUR, April 7 (Bernama) -- The recent spike in fuel costs due to the West Asia crisis is expected to be “neutral” for most utility players, given the established fuel-cost pass-through mechanisms, according to Kenanga Investment Bank Bhd (Kenanga IB).
4d ago
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.
5d ago
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia settled marginally higher at midday, amid mixed performance in regional markets due to uncertainty over the outcome of the West Asia crisis.
8d ago
KUALA LUMPUR, March 31 (Bernama) -- Bursa Malaysia ended the morning trading session higher in tandem with regional peers amid persistent buying in heavyweight stocks, led by Maybank, CIMB and YTL Power, that continued to lift the barometer index.
27d ago
By Zufazlin Baharuddin
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.
29d ago
KUALA LUMPUR, March 10 (Bernama) -- RHB Investment Bank Bhd (RHB IB) said Malaysia’s energy sector remains a defensive play should geopolitical tensions persist, potentially triggering a market risk-off mode.
2m ago
KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia extended its downward momentum at midday as profit-taking persisted in selected heavyweight counters, led by industrial products and services, healthcare, and utilities sectors.
2m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by mild profit-taking and mixed signals from Wall Street overnight.
2m ago
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia continued its downward momentum at midday as selling activities persisted in selected heavyweight counters, led by financial services, industrial products and services, as well as the utilities counters.
2m ago
KUALA LUMPUR, Jan 28 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has upgraded the long-term ratings of YTL Corporation Bhd’s (YTL Corp) debt programmes to AAA, citing sustained improvements in the group’s operating performance, profitability and financial profile.
2m ago
KUALA LUMPUR, Jan 9 (Bernama) -- The utilities sector remains a key beneficiary of Malaysia’s accelerating data centre roll-out, underpinned by resilient electricity demand growth and long-term recurring income streams.
3m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia ended the week sharply higher, climbing to an almost 15-month high and surpassing its previous peak of 1,660.09 recorded on Sept 27, 2024, as domestic sentiment improved ahead of year-end portfolio flows.