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PETALING JAYA: Shares of Supermax Corp Bhd tumbled by over 10% after it became the fourth listed Malaysian company whose products were banned by the United States customs in the past 15 months.
KUALA LUMPUR: Bursa Malaysia closed higher on Friday in range-bound trading, supported by buying in selected heavyweight stocks.
JOHOR BARU: The country's leading rubber glove makers have been urged to reduce their dependence on foreign labour and hire more Malaysians, given their need to expand the workforce to cope with increasing demand.
KUALA LUMPUR: Bursa Malaysia was broadly higher in early Friday trade as market sentiment was boosted by overnight rally on Wall Street but the FBM KLCI faces significant resistance to bounce past the key 1,600 level.
KUALA LUMPUR: The FBM KLCI was seen backing away from the 1,600 psychological level in early trade in light of caution after the recent strong rally.
THERE are no plans to impose a windfall tax on companies making extraordinary profits, says Deputy Finance Minister I Mohd Shahar Abdullah.
KUALA LUMPUR: The FBM KLCI maintained its steady trend to close at its intraday high on Tuesday as investors' risk appetite improved.
KUALA LUMPUR: There are no plans to impose a windfall tax on companies making extraordinary profits, says Deputy Finance Minister I Mohd Shahar Abdullah.
KUALA LUMPUR: The FBM KLCI extended its gain and ended the day 0.17% higher on continuous buying support in heavyweights.