Stock Market & Investment News

KUALA LUMPUR: Heineken Malaysia Bhd’s net profit jumped 54.2% to RM113.38mil in the first quarter ended March 31 from RM73.53mil a year ago, driven by revenue growth. Read full story

KUALA LUMPUR: Integrated industrial space solutions provider AME Elite Consortium Bhd has secured shareholders’ approval at the extraordinary general meeting today for the proposed listing of its real estate investment trust (AME REIT) on Bursa Malaysia’s Main Market. Read full story

KUALA LUMPUR: PRG Holdings Bhd’s independent non-executive chairman Datuk Dr Awang Adek Hussin will be resigning from the group’s board, effective May 30. Read full story

KUALA LUMPUR: The ringgit ended higher for the second straight session today against the US dollar on continued buying interest after an unexpected interest rate hike by the central bank and on anticipation of a better first quarter gross domestic product (GDP) result, said an analyst. Read full story

KUALA LUMPUR: UMW Toyota Motor Sdn Bhd sold 29,393 units of Toyota and Lexus models in the first four months of 2022, an 11 per cent increase compared with the same period last year. Read full story

BITCOIN fell below $30,000 and touched its lowest level since June, while the TerraUSD stablecoin continued its downward spiral.  Read full story