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Eversendai slides 24% on Saudi contract loss amid Middle East tensions

KUALA LUMPUR: Eversendai Corp Bhd shares fell in early trade on Wednesday after its Trojena Ski Village contract in Saudi Arabia was terminated amid escalating Middle East tensions.

Sunway Healthcare starts 17% higher on Main Market

KUALA LUMPUR: Sunway Healthcare Holdings Bhd traded at a 17% premium to its initial public offering (IPO) price as it opened on the Main Market, on the back of a retail offering that was 5.57 times oversubscribed.

Adnex opens with 25% premium at 25 sen on ACE Market debut

KUALA LUMPUR: Adnex Group Bhd opened at 25 sen per share in its ACE Market debut, representing a 25 per cent premium over its initial public offering (IPO) price of 20 sen per share.

O&G-related stocks rise as Iran signals Hormuz will remain closed

KUALA LUMPUR: Oil and gas-related stocks opened higher after Iran's new supreme leader indicated the Strait of Hormuz would stay closed.

Nestle Malaysia rises on ice cream business sale talk

KUALA LUMPUR: Nestle (Malaysia) Bhd emerged as the top gainer in early trade on Friday following plans to explore the potential sale of its ice cream business to Froneri, a global ice cream firm active in more than 20 countries.

Duopharma Biotech shares up after securing RM52.54mil LOA

KUALA LUMPUR: Duopharma Biotech Bhd's shares rose during the early trading session today, after its unit received a letter of award (LOA) from the government for the supply of medical products worth RM52.54 million.

Hock Soon Capital falls 7c below IPO on debut

KUALA LUMPUR: Hock Soon Capital Bhd made a subdued debut on Bursa Malaysia's Main Market, opening at 53 sen, 7 sen below its initial public offering (IPO) price of 60 sen, amid weaker-than-expected investor demand.

Kee Ming's share price soars to 89 sen on ACE Market debut

KUALA LUMPUR: Kee Ming Group Bhd's share price more than doubled to an intramorning high of 89 sen a share as it made its debut on the ACE Market of Bursa Malaysia.

Maybank shares up following launch of new five-year strategy

KUALA LUMPUR: Malayan Banking Bhd's (Maybank) shares were up in early trade, following its newly-launched ROAR30 five-year strategy plan (2026-2030), targeting to deliver a stronger return on equity (ROE) of 13 per cent-14 per cent by 2030.

IJM tumbles 5%, short selling suspended amid MACC probe

KUALA LUMPUR: Shares of IJM Corporation Bhd extended losses in afternoon trading, falling 5% or 14 sen to RM2.66 as at 4.09 pm, with 90.42 mil shares changing hands.