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KUALA LUMPUR: The FBM KLCI continued to pick up points at the onset of Budget 2020 and following the release of the government's economic outlook.
BINA Darulaman Berhad (BDB) has appointed Datuk Mohamed Sharil Mohamed Tarmizi as its new chairman.
KUALA LUMPUR: Plantations weighed on the FBM KLCI at the midday break on Wednesday as crude palm oil (CPO) futures shed their gains while oil and gas heavyweights slipped as prices fell.
KUALA LUMPUR: Blue chips eked out slight gains early Wednesday after the selloff the previous day but investors would remain cautious due to the continuous attrition with the market moving one step forward and retreating two steps.
PETALING JAYA: The Government will implement the National Fiberisation and Connectivity Plan (NFCP) with an initial allocation of RM1bil, says the Malaysian Communications and Multimedia Commission (MCMC).
ON Wednesday, one stock on an otherwise lacklustre local bourse, went into overdrive. The company was Opcom Holdings Bhd, which manufactures fibre-optic cables and cable-related products.
KUALA LUMPUR: Blue chips advanced in cautious trade early Thursday, underpinned by gains in Petronas Gas and Hong Leong Bank but overall investor sentiment remained cautious following the corporate results.
PETALING JAYA: The Universal Service Provision (USP) fund will be tapped by the government to pay for the bulk of its RM21.6bil National Fiberisation and Connectivity Plan (NFCP) that seeks to narrow the digital divide in the country between urban and rural areas.
KUALA LUMPUR: Some solid gains by MISC, Tenaga Nasional and Petronas-linked stocks helped prevent the FBM KLCI from closing off the lows on Wednesday amid selling of banks.