Breakfast briefing: Thursday, November 16 (Update)


New chairman: Wan Abdul Aziz set to assume his role as Sime Darby group chairman

MarketWatch: US stocks fell on Wednesday as energy sector shares dropped for a fourth straight session, tracking crude prices, while a late run-up was thwarted by concerns over the passage of a tax revamp after Republican senators were critical of the proposal. The DJIA fell 138.19 points, or 0.59%, to close at 23,271.28, the S&P 500 .SPX ended down 0.55% at 2,564.62 and the Nasdaq dropped 31.66 points, or 0.47%, to 6,706.21. - Reuters

 

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: TM, U Mobile, AWC, Cahya Mata, DRB-Hicom, Joe, Meta Bright, Pharmaniaga, Sersol, Sinaran, Uzma, K Seng, Maxim, 5E, Empire, MTT, Aeon Credit
Sunway and IJM prospects remain bright
CBH Engineering sees expanding order book
Aeon Credit records higher FY26 net profit of RM386mil
Data centres still a primary growth engine
Meta Bright gets loan for EV charging plan
Central bank’s international reserves dip
Maybank ready to aid customers
Demand underpins positive outlook
No shocks for stocks

Others Also Read