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AutoCount gets approval to transfer to Main Market

KUALA LUMPUR: AutoCount Dotcom Bhd has received regulatory approval to transfer its listing to the Main Market of Bursa Malaysia Securities Bhd.

Bursa Malaysia closes at intraday high on late buying

KUALA LUMPUR: Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.

AI angst wipes US$22.5bil off Indian IT stocks in worst week in four months

BENGALURU: Indian software exporters plunged another 2% on Friday and looked set to end a tumultuous week that has seen $22.5 billion in market value losses on growing fears that new AI tools could severely disrupt the country's IT outsourcing industry.

Stocks reel as silver and cryptocurrencies whipsaw

SINGAPORE: A global stock rout on Wall Street spilled into Asia on Friday, leaving investors dazed and many regional benchmarks in the red as wrenching volatility gripped precious metals and cryptocurrencies.

Bursa Malaysia issues UMA query to Greentronics Technology

KUALA LUMPUR: Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Greentronics Technology Bhd following the sharp fall in the price of its shares, with increased trading volume today.

Bursa Malaysia lower at midday amid selling pressure

KUALA LUMPUR: Bursa Malaysia extended its downward momentum at midday on continued selling pressure in selected heavyweight counters, led by industrial products and services, transportation and logistics, as well as financial services sectors.

Stocks tumble as AI rout deepens, cryptos rebound

SINGAPORE: Global equities extended losses into a third day on Friday as a selloff on Wall Street intensified, with precious metals and cryptocurrencies gripped by wrenching volatility.

FBM KLCI slips further as global tech rout continues

KUALA LUMPUR: Bursa Malaysia fell in early morning trade as the global rout in tech stocks coupled with signs of a slowing labour market in the US sapped risk appetite for equities.

Indonesian markets face more pressure after Moody's cuts outlook

SINGAPORE: Markets in Indonesia could come under more pressure on Friday after Moody's lowered the nation's credit rating outlook, the latest jolt in a turbulent start to the year for Southeast Asia's largest economy.

Wall St ends sharply down as AI worries weigh

Wall Street ended sharply lower on Thursday, with the Nasdaq dragged to its lowest since November by losses in Microsoft, Amazon and other tech heavyweights after Alphabet said it could double capital spending on AI in the race to dominate the emerging technology.