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Business 29 Jul 2019 | 10:41 AM Premium

KLCI closes off day's low but banks under pressure

KUALA LUMPUR: Late buying enabled the FBM KLCI to close Monday off the day's low but the market was under pressure due to fund selling of bank stocks and profit taking of Genting and Genting Malaysia.

Business 29 Jul 2019 | 10:01 AM Premium

Tenaga gets board nod for internal revamp of power generation, retail businesses

KUALA LUMPUR: Tenaga Nasional Bhd's (TNB) board has approved the proposed internal revamp which involves the transfer of its domestic power generation and electricity retail businesses to two new units.2019-07-29 10:22:06.280

Business 29 Jul 2019 | 1:47 AM Premium

Lacklustre start for Bursa ahead of US-China talks, Fed rate

KUALA LUMPUR: Bursa Malaysia kicked of the new week on Monday on a lacklustre note, in line with key Asian markets, ahead of the US Federal Reserve meeting and US-China trade talks.

Business 26 Jul 2019 | 9:41 AM Premium

Tough going for Bursa though Genting stocks cushion decline

KUALA LUMPUR: Bursa Malaysia closed lower on Friday, weighed down by losses in Public Bank, Sime Plantation and Tenaga Nasional, though strong buying of Genting Malaysia and Genting helped cushion the decline.

Business 25 Jul 2019 | 10:07 AM Premium

Petronas Chemicals' late rebound lifts KLCI

KUALA LUMPUR: Petronas Chemicals' late rebound helped the FBM KLCI to close at the dat's high on Thursday amid a weaker broader market.

Business 25 Jul 2019 | 1:30 AM Premium

Bursa extends losses as Telekom, Tenaga, Public Bank slip

KUALA LUMPUR: Bursa Malaysia extended its losses early Thursday in the absence of any strong fund buying as Telekom Malaysia, Tenaga, Public Bank and Hong Leong Bank slipped.

Business 25 Jul 2019 | 12:00 AM Premium

Hibiscus strikes first oil in North Sabah PSC

PETALING JAYA: Hibiscus Petroleum Bhd has achieved first oil under an enhanced oil recovery production sharing contract (PSC) in the St Joseph oil field in Sabah.

Business 24 Jul 2019 | 10:33 AM Premium

Hibiscus strikes first oil in North Sabah PSC

KUALA LUMPUR: The company said wholly owned SEA Hibiscus Sdn Bhd has safely and successfully drilled and completed the SJ105A well at the St Joseph oilfield.

Business 24 Jul 2019 | 9:49 AM Premium

KLCI ends in the red on PChem, PetGas losses but GentingM shines

KUALA LUMPUR: Foreign funds stepped up selling pressure on Petronas Chemical and Petronas Gas again on Wednesday sending the key FBM KLCI into the red but Genting and Genting Malaysia closed higher.

Business 24 Jul 2019 | 1:21 AM Premium

GentingM, Petronas stocks give KLCI early boost

KUALA LUMPUR: Fund buying of Genting Malaysia and Petronas-linked stocks gave the FBM KLCI an early lift on Wednesday, as investors took their cue from the firmer key Asian markets and jump in crude oil prices.