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ESG compliant companies provide superior returns
THERE have been some arguments about the lacklustre performance of Bursa Malaysia’s benchmark KLCI and if we look at the performance of the index over the past five years, it not only has been poor but negative.
Bursa rebounds ahead of RM20bil stimulus package
KUALA LUMPUR: Shares on Bursa Malaysia staged a rebound on Thursday as investors expected the stimulus package, which was unveiled after market close, to provide the much needed relief following the fallout from the Covid-19 coronavirus.
KLCI extends rebound for second day, regional markets fall on US outbreak warning
KUALA LUMPUR: The FBM KLCI retraced losses from earlier in the day as investors fished for bargains after the political turmoil that sent the market on a sharp decline earlier this week.
Bursa stages mild rebound as KLCI closes at 1,500
KUALA LUMPUR: Some mild buying of Tenaga Nasional, Maybank and IHH Healthcare on Tuesday after the selldown the previous day enabled the key FBM KLCI to close above the key 1,500 level.
Covid-19's impact drags most Asian markets lower
KUALA LUMPUR: Most key Asian markets except for China closed markedly lower on Friday as the impact of the Covid-19 continued to batter investor sentiment while the virus continued to spread.
Stocks turn broadly lower amid fears of Covid-19 impact on earnings
KUALA LUMPUR: The FBM KCI managed to partially retrace losses after losing nearly eight points earlier in the day.
Inviting attention with country’s tallest cherry blossom tree replica
GAMUDA Land has entered the Malaysia Book of Records for having the country’s tallest cherry blossom tree replica installed at its 619ha Gamuda Cove township.
Maxis posts 33.5% jump in Q4 net profit
PETALING JAYA: Maxis Bhd saw its net profit for the fourth quarter rise 33.5% to RM355mil, driven by strong postpaid growth, high and stable mobile average revenue per user (ARPU), as well as consistent growth in fibre subscriptions.
Tenaga, Public Bank prop up KLCI amid mixed market
KUALA LUMPUR: A late rebound on Bursa Malaysia fizzled out due to the lack of strong follow through buying on Thursday while the broader market was mixed as investors awaited the stimulus programme to be announced on Feb 27.
Maxis 4Q net profit up 33.4% to RM355m, Div 5c
KUALA LUMPUR: Maxis Bhd's net profit rose 33.4% to RM355mil in the fourth quarter ended Dec 31, 2019 from RM266mil a year ago as its solid operational performance was driven by strong postpaid growth, high and stable mobile average revenue per user (Arpu).