Markets

Wall Street Drifts To A Mixed Finish As Yields...

U.S. stock indexes drifted to a mixed finish on Thursday in a quiet day of trading. The S&P 500 fell 11.09 points, or 0.2%, to 5,011.12 after flipping between small...

DLADY Leads Bursa’s Gainers As ALLIANZ-PA Performs Lower At...

Top Gainers NOSTOCK NAMESTOCK CODELAST DONECHGVOL ('00)1DLADY 302633.220+0.9008012PIE 70955.570+0.630125,0793CRESNDO 67183.900+0.36019,7124MFCB 30694.680+0.34020,6945CHINHIN 52734.580+0.2502,908 Top Losers NOSTOCK NAMESTOCK CODELAST DONECHGVOL ('00)1ALLIANZ-PA1163PA21.500-0.160102LPI862111.780-0.1601,9213PANAMY371918.880-0.1602084GREATEC 02084.480-0.14010,3205HENGYUAN 43243.000-0.1206,956 Source: Bursa Malaysia

Foreign Exchange Rates Apr 18, 2024

The closing Foreign Exchange rates (from Bank Negara) as at 5pm, Apr 18 are as presented below:   Foreign Currency UnitsBuyingSelling1 U.S. Dollar4.7814.7861 Australian Dollar3.08233.08651 Brunei Dollar3.51673.52251 Canadian Dollar3.47533.48100 Cambodian Riel0.11740.11881...

Bursa Mixed At Midday Break, Key Index Up

Bursa Malaysia turned mixed at the midday break on Thursday with the key index ending the morning session in positive territory, in tandem with regional markets, said a dealer.  At...

Ringgit Extends Gains Against U.S. Dollar At Opening

The ringgit extended Wednesday’s gains to open higher against the US dollar on Thursday as the greenback retreated from multi-month highs after a pullback in US Treasury yields, said...

Property

Astaka Hands Kimlun RM150 Million Contract For Property Project...

Astaka Holdings Limited has the awarded a RM150 million construction contract to Kimlun for a an estimated gross development value of RM254 million project in Mount Austin, Johor. Project Aliva...

Merdeka 118 First Mega-Tall Building Awarded LEED Certification

The Merdeka 118 tower is the first building in Malaysia to be awarded the prestigious Leadership in Energy and Environmental Design (LEED) Platinum certification in the LEED v2009 Core...

REIT: Onslaught Of Supply, Retail To Hold Up Better

Kenanga expects the implied target yields for Malaysia REITs to remain stable throughout CY24 on the assumption thatBNM’s OPR to stay at 3.00% and the next move(beyond CY24) is...

News

Wall Street Drifts To A Mixed Finish As Yields Tick Higher

U.S. stock indexes drifted to a mixed finish on Thursday in a quiet day of trading. The S&P 500 fell 11.09 points, or 0.2%, to...

Astaka Hands Kimlun RM150 Million Contract For Property Project In Johor

Astaka Holdings Limited has the awarded a RM150 million construction contract to Kimlun for a an estimated gross development value of RM254 million project...

Sunview Partners Rafa KSE To Provide Solar System For Felda Houses

Sunview Group Berhad announced that its wholly-owned subsidiary, Fabulous Sunview Sdn Bhd has entered into a collaboration agreement with Rafa KSE Development Sdn Bhd, project...

Pansar Bags Water Treatment Project Worth RM269 Million

Pansar Berhad announced that Perbena Emas Sdn Bhd, a wholly owned subsidiary has received a Letter of Acceptance from Lembaga Air Sibu, Sarawak for...

Ant To Establish New Digital Centre In Malaysia, Create 500 Job Opportunities

Ant International, announced that it will establish a new Digital Business Centre in Malaysia which is expected to create more than 500 new job...

AWC Secures Contracts Worth RM19 Million, Orderbook Stands At RM800 Million

AWC BERHAD's wholly-owned subsidiary, Qudotech Sdn Bhd has accepted Letter of Acceptance of tender from IJM Construction Sdn Bhd for plumbing works at...

RHB Bank Unveils Its 2050 Net Zero Roadmap

RHB Banking Group has unveiled a comprehensive pathway to achieve net zero emissions by 2050 aligning itself with ASEAN’s just and responsible transition to...

Malaysia’s Video Gaming Industry Could Earn RM3 Billion In 2024

Malaysia’s video gaming industry is projected to hit US$649 million (US$1=RM4.78) in revenue in 2024 after registering significant growth in recent times, said Digital Minister...

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Trade

Bank Negara’s Approach To Ringgit Receives Validation

After a short break, the Malaysian Ringgit (MYR) is again under stress and close...

GCC DCM To Cross US$1 Trillion, Malaysia Remains Largest...

The upgrades of Qatar and Turkiye have been ratings-positive for sukuk in these countries. Fitch says it rates...

IMF Raises Malaysia’s 2024 GDP Outlook To 4.4%

The International Monetary Fund (IMF) has revised the outlook for Malaysia’s real gross domestic...

HLB To Support MIDA By Providing Financial Support For...

Hong Leong Bank has formed a collaboration with the Malaysian Investment Development Authority, pledging...

Ringgit Opens Lower To 4.788 Amid Strong US CPI...

The ringgit opened lower against the US dollar for the second consecutive day today...

Bank Negara Closely Monitoring Middle East Situation, Ready To...

With regards to the conflict in the middle east and the possible impact on...

PM: Malaysia Will Try Mitigate Impact Of Potential Volatility...

Prime Minister Datuk Seri Anwar Ibrahim had a special meeting with his cabinet members...

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