Bursa Malaysia ends mixed on late bargain-hunting
KUALA LUMPUR, Oct 10 ― Bursa Malaysia ended mixed on last-minute bargain-hunting after hitting a new four-year low in mid-afternoon on the back of the US-China trade conflict as well as market jitte...
Bursa Malaysia remains lower at mid-morning
KUALA LUMPUR, Oct 9 — Bursa Malaysia remained lower at mid-morning today with traders taking a subdued stance amid the US-China trade dispute, coupled with news from the Budget 2020 to be tabled on ...
Bursa Malaysia ends mixed
KUALA LUMPUR, Oct 8 — Bursa Malaysia ended mixed today as bargain hunting earlier in the day tapered off as profit-taking set in, while the market awaits fresh catalysts, dealers said.
After big deal fails, Axiata seeks small sales
KUALA LUMPUR/SINGAPORE (Oct 1): Under pressure to deliver cash to shareholders after a merger with Norway's Telenor collapsed, Axiata has changed tack: It is now in talks to offload stakes in units an...
Malaysia’s 5G plan a potential boon for Huawei
KUALA LUMPUR: The 5G trials nationwide which begin next month as announced by Communications and Multimedia Minister Gobind Singh Deo yesterday, is an indication Malaysia is on track to become one of ...
Malaysia’s 5G plan a boon for Huawei
KUALA LUMPUR: Malaysia will start a nationwide demonstration of 5G projects next month, a minister said on Tuesday, indicating it was on track to become one of...
Malaysia starting 5G trials in October
KUALA LUMPUR • Malaysia yesterday said it will start a nationwide demonstration of 5G projects next month, indicating it is on track to become one of the first Asian countries to launch the technolo...
Bursa Malaysia remains lower at mid-afternoon
KUALA LUMPUR, Sept 24 ― Bucking the regional trend, Bursa Malaysia remained lower at mid-afternoon with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) easing 1.39 points to 1,591.54.
Bursa Malaysia remains negative at mid-morning
KUALA LUMPUR, Sept 20 — Bursa Malaysia remained in the negative zone at mid-morning today on selling pressure seen in the plantation, consumer products and telecommunication counters.
Bursa Malaysia lower at mid-morning
KUALA LUMPUR, Sept 18 — Bursa Malaysia was lower at mid-morning today, with the benchmark index remaining in negative territory, due to selling in selected blue-chips such as KL Kepong and Petronas ...
Bursa opens lower on profit taking
KUALA LUMPUR, Sept 18 — Bursa Malaysia opened lower this morning, reversing yesterday's gains with profit-taking activities and the mixed performance of regional peers dampened the local bourse desp...
Investors await rate cuts and trade talks
REVIEW: As the European Central Bank unveiled a fresh volley of stimulus measures on Thursday, among them a further 10 basis-point cut to its negative interest rate...
Telco industry consolidation inevitable — Celcom
KUALA LUMPUR: Despite Axiata Group Bhd and Telenor ASA calling off their proposed merger, Axiata’s mobile arm Celcom Axiata Bhd says a consolidation of Malaysian mobile network operators will eventu...
Bursa Malaysia higher at mid-afternoon
KUALA LUMPUR, Sept 12 — Bursa Malaysia remained higher at mid-afternoon, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising 1.10 points to 1,603.40 at 3.15 pm, led by gains in the shares of Petrona...
KL shares up at mid-afternoon
KUALA LUMPUR, Sept 12 — Bursa Malaysia remained higher at mid-afternoon, with the FTSE Bursa Malaysia KLCI (FBM KLCI) rising 1.10 points to 1,603.40 at 3.15pm, led by gains in the shares of Petronas...
PetChem extends rally, telcos rebound
KUALA LUMPUR: Global equities headed higher as interest rate cuts were back in the spotlight ahead of the European Central Bank's policy meeting later tonight...
KLCI stabilises on Axiata rebound
KUALA LUMPUR: The FBM KLCI was slightly higher at midday as a rebound in Axiata shares halted the decline seen over the previous session.
Bursa Malaysia rebounds, led by Axiata
KUALA LUMPUR, Sept 11 ― Bursa Malaysia rebounded today, led by Axiata, which rose 1.2 per cent to RM4.16 after losing more than 15 per cent at yesterday’s close.
Bursa Malaysia ends in negative territory
KUALA LUMPUR, Sept 10 — Bursa Malaysia closed in negative territory today, dragged down mainly by the sharp fall of Axiata and Digi shares following the termination of the proposed Axiata-Telenor me...
Bursa Malaysia ends morning session lower
KUALA LUMPUR, Sept 10 ― Bursa Malaysia ended the morning session lower today as selling pressure persisted amid lack of local market-moving news and muted regional markets performance.
Bursa Malaysia opens lower
KUALA LUMPUR, Sept 10 — Bursa Malaysia opened lower in a tight range today, mirroring the trading on Wall Street.
Telcos fully back national connectivity plan
PETALING JAYA: Industry players are throwing in their support for the National Fiberisation and Connectivity Plan (NFCP), under which Malaysians across the urban-rural divide are set to enjoy high-quality and affordable digital connectivity.
‘Six months too short for ISP checks’
PETALING JAYA: Six months is insufficient for the Education Ministry to make a comprehensive assessment of the three Internet service providers’ (ISPs) ability to deliver satisfactory level of service to schools, the National Union of the Teaching Profession...
Supporting high-potential startups
ENDEAVOR Malaysia, an entrepreneur support organisation, has launched its new ScaleUp Endeavor programme to help high-potential local companies that are at the startup phase.
Bursa Malaysia remains positive at mid-afternoon
KUALA LUMPUR, Aug 20 ― Bursa Malaysia remained positive at mid-afternoon after resuming trading backed by institutional support in selected heavyweights, lifting the index above the 1,600 immediate ...
KLCI misses Chinese-led equities rally
KUALA LUMPUR: The FBM KLCI was slightly softer in the morning session despite a rally in regional markets on the back of China's move to reduce borrowing costs for companies.
Axiata, Digi weigh on KLCI on merger concerns
KUALA LUMPUR: Blue chips slipped into negative territory early Monday, weighed down by Axiata and Digi on concerns that the merger of Axiata and Telenor ASA could have hit a snag.
KLCI closes below 1, 600 but ringgit rallies
KUALA LUMPUR: Blue chips ended Friday on a slighter weaker note with the benchmark FBM KLCI below the important 1, 600 level on losses by Sime Plantation and Maybank despite firmer economic data and stronger ringgit.
Bursa Malaysia opens mixed
KUALA LUMPUR, Aug 9 ― Bursa Malaysia opened mixed, with the barometer index weighed down by selling activities in selected heavyweights.