Stock Market & Investment News

KUALA LUMPUR: Glove makers underpinned the FBM KLCI’s advance following the surge of Covid-19 cases amid a positive market sentiment. Read full story

KUALA LUMPUR: The Malaysian properties market remains attractive to international buyers, especially for properties in Kuala Lumpur, Genting Highlands and Sabah, said Hong Kong-based high-end property developer, IBN Corp Ltd (IBN Corp). Read full story

KUALA LUMPUR: Perusahaan Otomobil Nasional Sdn Bhd’s (Proton) sold 4,453 units (domestic and export) in January, a reduction of 25.3% from the same month in 2021 and equivalent to an estimated domestic market share of 11.3%. Read full story

KUALA LUMPUR: OpenSys (M) Bhd has secured an additional RM10.8mil in a letter of award (LOA) to supply more cash recycling machines (CRMs) to Bank Simpanan Nasional (BSN) branches nationwide. Read full story

KUALA NERANG: Kedah Rubber City (KRC) is set to attract potential investments worth RM10 billion and create 15,000 job opportunities by 2025, which will provide various spillover benefits to the local community. Read full story

KUALA LUMPUR: Censof Holdings Bhd’s net profit jumped 31% to RM2.62mil in the third quarter ended Dec 31 (3Q22), from RM2mil posted a year ago. Read full story

BENGALURU: Tesla Inc said on Monday it received a subpoena from the U.S. securities regulator in November related to the SEC settlement that required top boss Elon Musk’s tweets on material information to be vetted. Read full story