Stock Market & Investment News

KUALA LUMPUR: Stocks that could be the focus of investors on Wednesday include IHH Healthcare, Supermax, Unisem, United Malacca Plantations, Wah Seong and Kejuruteraan Asastera, said JF Apex Research. Read full story

NEW YORK: Oil edged lower on Tuesday after it looked unlikely that European Union nations would agree to join the United States in a Russian oil embargo in retaliation for its invasion of Ukraine. Read full story

KUALA LUMPUR: Bursa Malaysia started the day on course for a positive session following the strong rebound on Wall Street overnight. Read full story

KUALA LUMPUR: Analysts have given the thumbs up to IHH Healthcare Bhd’s proposal to acquire the healthcare joint venture between Ramsay Health Care Ltd and Sime Darby Holdings Bhd as it expands on its network of private hospitals in Malaysia. Read full story

KUALA LUMPUR:  The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid improvement in the equity market, an analyst said. Read full story

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has signed Production sharing contracts (PSCs) for five offshore exploration blocks, enabling the state-owned oil and gas firm to attract a capital commitment of about RM600 million in exploration activities in Malaysia. Read full story

KUALA LUMPUR: Mergers and acquisition (M&A) activities in Malaysia rebounded in 2021 after a minor slump in the preceding year, with a total of 31 disclosed transactions worth US$1.63 billion recorded, said KPMG Malaysia. Read full story

KUALA LUMPUR: The FBM KLCI maintained a strong lead at midday as a investor sentiment in equities markets turned positive following a greater sense of certainty over US interest rate hikes and falling bond prices. Read full story

KUALA LUMPUR: The Kuala Lumpur International Airport (KLIA) and Langkawi International Airport (LIA) have been named among the world’s best airports in their respective categories for 2021 in a global Airport Service Quality (ASQ) survey by Airports Council International (ACI). Read full story

KUALA LUMPUR: Cagamas Bhd has announced the pricing of RM1.3 billion worth of bonds and sukuk, amid soft market conditions as most investors stayed on the sidelines ahead of the United States (US) Federal Open Market Committee (FOMC) meeting. Read full story