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PETALING JAYA: The FBM KLCI will see two changes to its constituents following a semi-annual review of its component stocks, said Bursa Malaysia and FTSE Russell
KUALA LUMPUR: KLCC Prop & REITS - Stapled Securities (KLCCP) and Telekom Malaysia Bhd (TM) will replace AMMB Holdings Bhd and Malaysia Airports Holdings Bhd (MAHB) as component stocks in the FTSE Bursa Malaysia KLCI (FBM KLCI).
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.
MAJOR stockbrokers have yet to press the force selling button, which may affect as low as 20 companies and the tally may go up to 30 companies.
KUALA LUMPUR: Shares of Datasonic Group Bhd tumbled to a low of 68.5 sen in morning trade on Tuesday, forcing Bursa Malaysia to suspend the short-selling activities, the second time since last week.
PETALING JAYA: Datasonic Group Bhd deputy managing director Chew Ben Ben has clarified that the company’s ability to secure its contract to supply passport chips to the government was based on merit.
PETALING JAYA: Stocks related to the newly appointed Prime Minister Tan Sri Muhyiddin Yassin, namely Eden Inc Bhd and Thriven Global Bhd, rallied on Monday, despite the broader market continuing to decline, dragged by political turmoil in the country as well as the risk of a global economic slowdown from the outbreak of coronavirus.
KUALA LUMPUR: Bursa Malaysia lagged behind the key Asian markets which rebounded on investor hopes of more measures to shore up their economies following the outbreak of the Covid-19 coronavirus.