Stock Market & Investment News
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KLCI retraces early gains by midday
KUALA LUMPUR: The FBM KLCI ended lower at midday after failing to sustain gains generated in early trade. Read full story
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Top Glove posts lower 1Q net profit of RM185.71mil, sees challenging outlook
KUALA LUMPUR: Top Glove Corp Bhd, which posted a net profit of RM185.71mil in the first quarter ended Nov 30, 2021 (1Q22) has declared a dividend payment of 1.2 sen per ordinary share. Read full story
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Mastercard, Boost team up to expand digital services
KUALA LUMPUR: Mastercard and Boost, the fintech arm of Axiata Digital have embarked on a strategic partnership to provide a range of innovative payment solutions and offerings to Malaysian and Indonesian consumers. Read full story
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Toyota suspends production at two more factories
TOKYO: Japanese automaker Toyota has suspended production at two more factories, in addition to two already halted because of a supply shortage, a company spokesperson said on Friday. Read full story
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CPO stocks fall in Nov 2021 on lower production, higher exports
KUALA LUMPUR: Malaysian crude palm oil (CPO) stocks for November 2021 fell 4.45 per cent to 942,354 tonnes from 986,239 tonnes recorded in the previous month on lower production while exports were higher, the Malaysian Palm Oil Board (MPOB) said today. Read full story
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Mah Sing named among BCI Asia’s Top 10 developers
KUALA LUMPUR: Mah Sing Group Bhd has been named among Building and Construction Asia’s (BCI Asia) Top 10 Developers in Malaysia in 2021, marking the tenth victory. Read full story