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Business

Serba Dinamik to raise up to RM1bil

KUALA LUMPUR: Serba Dinamik is planning to raise a sukuk issuance worth US$200mil to US$250mil (RM826mil to RM1bil) for a tenure of three years to refinance its existing foreign loans and international projects.

Business

Blue chips eke out small gains, Scientex and Daibochi diverge

KUALA LUMPUR: Blue chips managed to edge up slightly higher early on Thursday, aided by a mild rebound in Dialog Group but Scientex and Daibochi diverged after their corporate exercise.

Business

Tenaga delivers much needed boost to Bursa Malaysia

KUALA LUMPUR: Tenaga Nasional helped power the FBM KLCI to a higher close on Friday, snapping the downward trend since the May 9 general elections as foreign funds fled the market, worsened by the unfolding of the scandal-hit 1Malaysia Development (1MDB).

Business

Press Metal falls 6.5% as aluminium prices tumble

KUALA LUMPUR: Press Metal Aluminium Holdings Bhd shed 6.5% in early trade as aluminium drops most in seven years after US signals Rusal sanctions relief.

Business

All eyes on aluminium stocks as US imposes trade sanction

PETALING JAYA: Investors in aluminium stocks must have had a heart of steel. Within the first four months of the year, aluminium prices have been topsy-turvy, amid policy changes in the United States on the commodity.

Markets

Steel stocks rally early Wednesday on upbeat outlook

KUALA LUMPUR: Steel stocks rallied early Wednesday on expectations of strong earnings after the upbeat results from Southern Steel and upgrades by analysts.

Markets

Maxis, Maybank underpin KLCI mild gains, MAHB hits turbulence

KUALA LUMPUR: Blue chips eked out slim gains on Tuesday, with mild buying seen in Maxis, Maybank and Public Bank but Malaysia Airports skidded on worries about higher capital expenditure to address its service quality.

Corporate News Premium

Sapura Energy slides, shares traded off-market

Sapura Energy under selling pressure, intrigue over off-market deal

Markets

KLCI gains ground on positive Chinese trade data

KUALA LUMPUR: Asian markets were given a boost on Friday as Chinese trade data was showed to accelerate in October.

Markets

Tenaga Nasional lifts KLCI

KUALA LUMPUR: The local bourse started the day on a strong note with strong gains from Tenaga Nasional.