FBM KLCI hovers above 1,700 support
KUALA LUMPUR The FBM KLCI made a cautious start on Thursday after a four-day rally that tacked on about 2.4% to the market benchmark.
Wall Street ends lower, led by drop in Nasdaq
US stocks finished lower on Wednesday, led by a drop in the Nasdaq, with technology shares declining as investors moved into more defensive areas, while bank stocks extended recent losses following some mixed quarterly results.
Late buying lifts Bursa Malaysia key index higher
Bursa Malaysia's benchmark index closed marginally higher yesterday, supported by late buying interest in selected blue-chip stocks that lifted the market into positive territory by the end of the session.
Yuan breakout boosts equity outlook for 2026
Investors are ramping up bets on China's stocks and currency as 2026 kicks off, signalling a more decisive shift into the country's assets at a time of rising global uncertainties.
Focus Point joins Bursa Malaysia Quality indices
PETALING JAYA: Focus Point Holdings Bhd has been included in the Bursa Malaysia Quality 50 Index (BMQ) and Bursa Malaysia Quality 50 Shariah Index (BMQ-S), following its inclusion in the FTSE4Good Bursa Malaysia (F4GBM) Index and FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index in 2025.
OGX signs underwriting agreement
PETALING JAYA: OGX Group Bhd has signed an underwriting agreement with UOB Kay Hian (M) Sdn Bhd, the principal adviser, sponsor, underwriter, and placement agent, in conjunction with its upcoming initial public offering (IPO) and listing on the ACE Market of Bursa Malaysia Securities Bhd.
FBM KLCI extends winning streak, ringgit at one-week high
KUALA LUMPUR: The FBM KLCI extended its winning streak to a fourth session on Wednesday, supported by positive regional cues and a firmer ringgit.
Guan Huat Seng Holdings IPO oversubscribed by 4.78 times
KUALA LUMPUR: Melaka-based food products and manufacturer Guan Huat Seng Holdings Bhd's initial public offering (IPO), ahead of its ACE Market listing on Bursa Malaysia Securities Bhd, was oversubscribed by 4.78 times.
Asian stocks rise; FX lack direction on steady dollar, Fed rate-cut bets
MOST emerging Asian equities rose on Wednesday, with Taiwan, Indonesia, and South Korea hitting all-time highs, while currencies were flat as U.S. inflation data supported expectations of a Federal Reserve rate hold later this month.
Asian stocks inch higher, fragile yen spurs intervention worries
SINGAPORE: Asian stocks rose on Wednesday, buoyed by Japanese shares, as investors braced for a snap election in Japan that could lead to more fiscal stimulus, while worries about central bank independence and benign U.S. inflation data whipsawed currencies.
