Stock Market & Investment News

LONDON: Bitcoin on Friday slumped as much as 5% to its lowest since late September, tumbling under $41,000 amid a broader sell-off for cryptocurrencies. Read full story

KUALA LUMPUR: Salcon Bhd’s subsidiary Salcon Engineering Bhd (SEB) has entered into a memorandum of understanding (MoU) with Berjaya Infrastructure Sdn Bhd (BISB) to jointly undertake water and wastewater infrastructure projects. Read full story

KUALA LUMPUR: The FBM KLCI closed higher on Friday, aided by gains in plantations and banking stocks. Read full story

KUALA LUMPUR: MARC Ratings has downgraded its ratings on MEX II Sdn Bhd’s RM1.3bil sukuk Murabahah programme and RM150mil junior bonds to defaulted rating of D from CIS/C. Read full story

KUALA LUMPUR: Solution Group Bhd (SGB) has announced that the CanSino Biologics Inc’s single-dose Convidecia vaccine has obtained conditional approval as a booster shot from Malaysia’s Drug Control Authority (DCA), under the National Pharmaceutical Regulatory Agency (NPRA). Read full story

KUALA LUMPUR: MSM Malaysia Holdings Bhd (MSM) through its wholly-owned subsidiary, MSM Prai Bhd (MSM Prai) has secured a RM290mil refined sugar supply contract with The Coca-Cola Company (Coca-Cola) for both domestic and international production. Read full story

KUALA LUMPUR: Serba Dinamik Holdings Bhd has triggered the criteria pursuant to Paragraph 2.1(d) of Practice Note No 17 (PN17) of the Main Market Listing Requirements of Bursa Securities (Main Market Listing Requirements). Read full story