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Business

Construction stocks hit, Gamuda falls the most

KUALA LUMPUR: Construction stocks took a hit on Monday with Gamuda taking the brunt of the selling pressure as the government revised the Mass Rapid Transit (MRT) 2 project.

Business

Contract win sends IJM shares up 1.05%

KUALA LUMPUR: Shares of IJM Corp Bhd gained 1% in early trade Wednesday on the back of a RM505mil contract win from Affin Bank Bhd.

Business

KLCI sees red for morning session, telcos weigh

KUALA LUMPUR: The local equities market was in negative territory for the duration of the morning session as Asian market continued pulling back on negative global sentiment.

Business

Late buying lifts KLCI off day's low, Sapura Energy in focus

KUALA LUMPUR: Late fund buying again helped lift the FBM KLCI off its day's low on Friday with Public Bank giving up most of the previous day's gains as investors were quick to lock in gains.

Business

Only World shares rise 6.67% on proposed bonus issue

KUALA LUMPUR: Only World Group Holdings Bhd’s (OWG) share price rose 6.67% this morning on news of its proposed bonus issue.

Business

Tenaga continues uptrend

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) continued its uptrend momentum from last week and is currently the second top gainer in early trade Monday.

Markets

KLCI approaches historical high amid commodities rally

KUALA LUMPUR: The local bourse continued its uptrend along with most other Asian markets as a rally in commodities prices helped lift sentiment in the region.

Markets

KLCI, oil prices slump on rising prospect of trade war

KUALA LUMPUR: Global equities slumped on Wednesday following the resignation of White House economic advisor Gary Cohn, and fanning fears that US steel and aluminium tariffs will proceed as planned.

Stock on the Move

Yinson jumps on strong earnings results

KUALA LUMPUR: Shares of Yinson Holdings Bhd climbed to an early high of RM3.99 after the oil and gas services company’s earnings jumped in the the third quarter ended Oct 31.

Markets

Genting, CIMB rebound to lift KLCI higher

KUALA LUMPUR: The FBM KLCI took on a bullish mood in morning trade as it rebounded from heavy selling over the previous four trading sessions. Bank Negara Malaysia's Friday noon announcement that the gross domestic product (GDP) expanded 6.2%, beating estimates, in the third quarter of 2017 lifted sentiments.