Bursa Malaysia turnover value tops RM10 bil as FBM KLCI extends losses
KUALA LUMPUR: Bursa Malaysia's turnover value climbed above RM10bil on Friday, even as the FBM KLCI closed lower for a fourth straight session.
S.Korean shares hit record on Samsung Electronics rally, pension fund boost
South Korean shares rose more than 3% on Friday to notch a record close, as Samsung Electronics jumped and the national pension fund decided to raise domestic investment.
Japan's Nikkei scales record peak on Mideast, AI optimism
TOKYO: Japan's Nikkei share average rose to a record high on Friday, powered by renewed optimism for a near-term peace deal in the Middle East and enthusiasm about AI shares after strong earnings from Dell Technologies.
Malaysia’s largest pharma chain Big Caring is said to seek RM3bil in IPO
Big Caring Group Bhd., the largest pharmacy chain in Malaysia, is looking to raise as much as 3 billion ringgit ($750 million) in its initial public offering, potentially one of the country's biggest listings in the past decade, according to people familiar with the matter.
FBM KLCI bounces as US-Iran extend ceasefire
KUALA LUMPUR: The FBM KLCI opened slightly higher on Friday, with investors hoping to arrest the index's decline ahead of the holiday weekend.
S&P 500, Nasdaq hit record highs as US-Iran ceasefire extended
The S&P 500 and the Nasdaq posted record closing highs on Thursday after news reports said the US and Iran had reached a draft agreement to extend their ceasefire for 60 days, while investors also digested key inflation data.
SC revises equity guidelines effective June 3
Companies seeking Main Market listings effective June 3 onwards will now need to show higher profits as part of the Securities Commission (SC) revised equity guidelines.
MM Computer Systems IPO oversubscribed 42.12 times ahead of ACE Market listing
KUALA LUMPUR: MM Computer Systems Bhd's (MMCS) initial public offering (IPO) has been oversubscribed by 42.12 times ahead of its listing on the ACE Market of Bursa Malaysia, slated on June 11, 2026.
FBM KLCI extends losses amid weaker regional markets, cautious sentiment
KUALA LUMPUR: The FBM KLCI remained under pressure on Thursday as investors returned from the public holiday to a broadly weaker regional market, with cautious sentiment prevailing during the final stretch of the corporate earnings season.
Asian stocks slip from records as US-Iran strikes jolt markets
ASIAN emerging market stocks retreated from record highs Thursday as U.S. and Iranian air strikes intensified fears of escalating conflict and oil flow disruptions through the Strait of Hormuz.
