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Business

Investors flee equities, KLCI at lowest since end-March

KUALA LUMPUR: Key Asian markets and European bourses were awash in the red on Friday as investors fled riskier assets including equities in a knee-jerk reaction to the US conflicts in Ukraine and the Middle East.

Business

Tenaga main drag on KLCI, Bursa volume exceeds 3b units

KUALA LUMPUR: The FBM KLCI shed nearly three points at the close on Thursday, with Tenaga Nasional the main drag while several small-capitalised plantations also lost ground.

Business

KLCI eases in early trade, Sime, Genting weigh

KUALA LUMPUR: Malaysia's blue chips slipped in early trade on Tuesday on mild profit taking of key stocks like Sime Darby and Genting Bhd, but the underlying tone of the market was firm.

Markets

KLCI ends Wednesday marginally higher

KUALA LUMPUR: The FBM KLCI reversed its earlier losses and closed Wednesday marginally higher ahead of Christmas, boosted by gains in select blue chips and the overall firmer Asian markets.

Business

Logistics firm Xin Hwa upbeat about prospects

TAKING a cue from the success of logistics companies in the country, Xin Hwa Holdings Bhd is all set to go public by the end of this month.

Markets

IOI Corp, Sime Darby underpin KLCI gains

KUALA LUMPUR: Mild fund buying of IOI Corp and Sime Darby helped the FBM KLCI to chalk up gains of more than three points at midday on Wednesday but the broader market was mixed as some investors were seen unwinding their positions.

Markets

Time for some profit taking on Bursa

KUALA LUMPUR: The FBM KLCI closed lower on Wednesday as investors decided to lock in their recent gains but the losses were not exceptionally heavy, in tandem with the lacklustre South-east Asian markets.

Markets

KLCI closes higher on late buying of Sime Darby (Update)

KUALA LUMPUR: Late buying of heavyweight Sime Darby pushed the FBM KLCI into the positive zone at the close of Monday’s trade while nearly all key Asian markets were in the red.

Business

Japanese, South Koreans may buy stake in Century Logistics

PETALING JAYA: Century Logistics Holdings Bhd is in talks with parties from South Korea and Japan looking for a strategic tie-up for access into the Malaysian market, sources say.

Business

Breakfast briefing: Monday, July 3

Breakfast briefing: Monday, July 3