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KUALA LUMPUR: Blue chips managed to recoup all of their previous day’s losses on Wednesday as investor sentiment was bolstered by strong key Asian markets, with Public Bank and Telekom Malaysia underpinning the FBM KLCI’s advance.
KUALA LUMPUR: The FBM KLCI swung higher in morning trade, retracing nearly all the losses from the previous session as the market tracked the Dow Jones' record close.
KUALA LUMPUR: MY EG Services' results for the nine months ended Sept 30 beat CGS-CIMB Equities Research's expectation due to stronger 3Q20 earnings per share (EPS) delivery and made up 77% of its full-year forecast, albeit broadly in line with consensus.
KUALA LUMPUR: Bursa Malaysia recorded more than 1,000 counters in the red at the close on Tuesday on concerns about the ability of the government to get a majority of the MPs to support the Budget 2021 proposals on Thursday.
KUALA LUMPUR: Supermax Corp Bhd will likely be joining the FTSE Bursa Malaysia KLCI constituents in its next review following the rise in its market capitalisation.
PETALING JAYA: CIMB Bank Bhd and CIMB Islamic Bank Bhd have introduced the expanded Targeted Payment Assistance (TPA) programme to assist B40 and microenterprise borrowers until end-June 2021.
KUALA LUMPUR: Malaysian banks remain committed to assisting its customers and borrowers post-automatic blanket moratorium which ended on Sept 30, particularly those who continue to be affected financially.
KUALA LUMPUR (Bernama): The RM1mil corruption trial of former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor will continue on Dec 7 before High Court judge Mohd Nazlan Mohd Ghazali.
KUALA LUMPUR: Petronas Dagangan and Petronas Gas helped shore up the FBM KLCI at midday on Monday but banks slipped ahead of the voting on the Budget 2021 at Parliament this Thursday.