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Trading in Sunway, IJM shares suspended pending anouncement

KUALA LUMPUR: Sunway Bhd and IJM Corp Bhd announced in separate filings with Bursa Malaysia that trading in their respective shares had been suspended from 9am on Monday.

FBM KLCI maintains rally as risk appetite improves

KUALA LUMPUR: The FBM KLCI edged higher on Monday as the market attempted to extend its gains over the previous Friday's rally.

Singapore’s Nasdaq link draws interest

A Singaporean initiative to boost the initial public offering (IPO) market with a fast-track route to a Nasdaq dual listing has garnered warm response from potential issuers, though bankers caution thin liquidity and a high valuation requirement could limit take-up.

Earnings season, inflation data pose test for resilient US stocks

NEW YORK: US stocks have kicked off 2026 on a strong note, but could face turbulence in the coming days with the start of corporate earnings season, fresh inflation data and rising geopolitical uncertainty.

Ambani’s Reliance Jio considering IPO

MUMBAI: Reliance Jio Platforms is considering an initial public offering (IPO) this year that would float 2.5% of the company, people familiar with the matter say, a move that could make it the country's largest-ever IPO worth more than US$4bil.

MiniMax shares double in IPO debut

HONG KONG: MiniMax Group Inc, one of China's largest generative artificial intelligence (AI) startups, surged in Hong Kong after an initial public offering that raised US$619mil.

Bursa Malaysia likely to rise on selective risk-taking

KUALA LUMPUR: Bursa Malaysia is expected to see an uptrend this week as the market should remain constructively supported, says an analyst.

SBS Nexus shares to Malaysian public oversubscribed by 22.28 times

PETALING JAYA: ACE Market-bound integrated marketing and branding services provider SBS Nexus Bhd's 24.5 million new shares made available to the Malaysian public has been oversubscribed by 22.28 times.

Bursa Malaysia reprimands Reneuco, fines one director RM2,500

KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Reneuco Bhd and five of its directors for breaching the Main Market Listing Requirements (Main LR), with one director also fined RM2,500.

Bursa Malaysia rallies on broad-based gains, improved sentiment

KUALA LUMPUR: Bursa Malaysia rallied on Friday, supported by broad-based gains that lifted the benchmark index to an intraday high and secured a positive close for the week.