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PETALING JAYA: Supermax Corp has been added into the FBM KLCI, while KLCC Prop & Reits - Stapled Sec will be removed from the index, following the semi-annual review of the FTSE Bursa Malaysia Index Series.
Consumers prefer firms that prioritise ESG concerns
KUALA LUMPUR: Shares of Top Glove fell to a near two-week low of RM6.57 in early Wednesday trade on worries about government legal action over its workers’ accommodation, adding to the Covid-19 issues it is grappling with.
KUALA LUMPUR: The long-term potential for Islamic finance remains promising globally in a post Covid-19 environment due to its principles of inclusivity, according to Bursa Malaysia chairman Tan Sri Abdul Wahid Omar.
KUALA LUMPUR: Bursa Malaysia demonstrated its resilience on Tuesday as local funds and retail investors jumped in to scoop up battered down stocks and sent FBM KLCI solidly above the key 1,600 level.
NEW YORK: When the world’s most-famous electric car maker finally joins the S&P 500, it will be bitter-sweet for investors with about US$11 trillion in funds tied to the gauge. Their benchmark-hugging bets get some Elon Musk magic at last, but they pay seven-times last year’s price for the privilege
AFTER gloves, a slew of listed and unlisted companies have jump on the bandwagon to procure and distribute Covid-19 vaccine for Malaysia. The vaccines are largely sourced from pharmaceutical producers based in China and Taiwan.