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Coffee maker JDE Peet's valued at US$17.3b in virtual IPO, shares surge
AMSTERDAM,: Shares in coffee maker JDE Peet's surged almost 13% in their stock market debut on Friday as investors jumped on one of the few big IPOs launched during the coronavirus crisis.
US-China tensions weigh on Bursa as KLCI faces selling pressure
KUALA LUMPUR: Blue chips fell in early Friday trade as US-China tensions saw investors backing off and the FBM KLCI faced selling pressure.
KLCI closes at highest in nearly 3 months
KUALA LUMPUR: Bursa Malaysia picked up steam in the afternoon session as it moved further afield of the 1,450 level even as tensions between the US and China soured regional market sentiment.
Bursa inches higher, glove makers top gainers
KUALA LUMPUR: Bursa Malaysia eked marginal gains amid a mixed market as investors’ risk appetite was tempered by the ongoing US-China tensions except for glove makers, which continued to see strong buying interest.
Bursa gets a boost from gloves, Petronas Dagangan
KUALA LUMPUR: Bursa Malaysia started Wednesday on a firm note, underpinned by buying of glove makers and also Petronas Dagangan despite the mixed key Asian markets due to the rising US-China tensions.
Nestle teams up with Starbucks to launch premium instant coffee
KUALA LUMPUR: Nestlé Malaysia recently launched the Starbucks premium instant soluble coffee which is part of the innovation following the global collaboration between the two companies.
KLCI slumps on US-China tensions, HK tumbles
KUALA LUMPUR: Key Asian markets closed in the red on Friday, with Bursa Malaysia not spared, following the rising US-China tensions while Hong Kong's Hang Seng Index tumbled more than 5% on a new security law proposal.
Brand distributes bubur lambuk and food packs to frontliners and underprivileged
IN THE spirit of Ramadan, and as part of Nestle Malaysia’s RM15mil contribution towards Covid-19 relief efforts, Maggi is providing nourishment to more than 120,000 people during the fasting month.
Bursa closes higher on Petronas stocks, glove makers and plantations
KUALA LUMPUR: Bursa Malaysia extended its gains on Thursday as the FBM KLCI was lifted by Petronas-linked stocks after firm crude oil prices while plantations and glove makers rallied.
Bursa follows Asian markets higher, glove makers in focus
KUALA LUMPUR: Buying momentum continued on Bursa Malaysia early Thursday as investor sentiment firmed up after the key Asian markets followed Wall Street higher.