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.
Shanghai benchmark hits 10-year high as easing deflation lifts sentiment
SHANGHAI: Mainland China and Hong Kong stocks advanced on Friday, with the Shanghai benchmark topping the psychologically important 4,100 points to a decade high, as investor sentiment improved on signs of easing deflationary pressures.
Stocks bide time before jobs report, tariff ruling
SINGAPORE: Asian stocks drifted lower and the dollar firmed on Friday ahead of a crucial jobs report, while investors girded for a Supreme Court ruling on the legality of President Donald Trump's sweeping global tariffs that jolted markets last year.
Asian stocks ease, dollar firms ahead of jobs report, ruling on tariffs
SINGAPORE: Asian stocks drifted lower and the dollar stood tall on Friday ahead of a crucial jobs report, while investors girded for a Supreme Court ruling on the legality of President Donald Trump's sweeping global tariff that jolted markets last year.
FBM KLCI enters midday on positive footing, poised for weekly gain
KUALA LUMPUR: The FBM KLCI remained positive as trading halted for the lunch break, even as traders eyed upcoming US payrolls data for signs on the health of the world's largest economy.
Bursa Malaysia bounces slightly ahead of US payrolls data
KUALA LUMPUR: Trading on Bursa Malaysia is expected to remain cautious ahead of the weekend release of US employment data that could offer more insight into the country's economic outlook and potential interest rate cuts.
Street ends mixed as tech dips, defence stocks rally
Wall Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defence companies advanced after President Donald Trump called for an enlarged US$1.5 trillion military budget.
Local factors to cushion market against US data
Events in the United States could again wield significant influence over the movement of the FBM KLCI in the near term, as the Supreme Court is due for an opinion cast on President Donald Trump's global tariff rulings today.
