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KUALA LUMPUR: Bursa Malaysia closed in the red on Wednesday as profit taking activities kicked in.
KUALA LUMPUR: Malaysia's richest tycoons defied pandemic headwinds to record an increase in their collective wealth in 2021, contributed in part by the financial windfall experienced by Malaysian rubber glove manufacturers.
KUALA LUMPUR: JF Apex Research expects Axiata Group Bhd, RHB Bank Bhd, ViTrox Corp Bhd and Serba Dinamik Holdings Bhd to be among the stocks to watch on Tuesday.
PETALING JAYA: ViTrox Corp Bhd has proposed to acquire a 21.03-acre parcel of land in Batu Kawan Industrial Park in Penang for RM48.3mil as part of its 10-year expansion master plan scheduled to be fully completed by 2030
KUALA LUMPUR: Bursa Malaysia was broadly higher in early Monday trade, with consumer stocks staging a recovery while overall market sentiment was more positive about the government’s latest restricted measures to curb the spread of the Covid-19 pandemic.
Bursa Malaysia edged lower in early Friday trade as investors worried about the record high Covid-19 infections and deaths and the possibility of a full lockdown in Selangor.
KUALA LUMPUR: Hopes of further positive retracement on the FBM KLCI was short-lived as it turned lower on Wednesday amid downward pressure from the rising number of Covid infections.
Blue chips lost ground in early Wednesday trade, tracking the overnight fall on Wall Street and cautious key Asian markets but Main Market debutant Tuju Setia held firm.
Blue chips advanced in early Monday trade, underpinned by gains in Maybank, Hong Leong Bank and Petronas Dagangan but the broader market continued to be cautious as decliners beat advancers more than two to one.