Stock Market & Investment News
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US Dollar Technical Forecast: USD/SGD, USD/IDR, USD/THB, USD/TWD
US Dollar weakness may extend against ASEAN currencies, with USD/SGD, USD/THB and USD/TWD maintaining a downside focus. Will USD/IDR exit its consolidative state?
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FBM KLCI skids 1.63% amid selldown on glove counters
KUALA LUMPUR (Jan 4): Heavy selling pressure on glove counters this morning dragged down the FBM KLCI index to close 26.56 points or 1.63% lower…
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Glove stocks start new year on bearish note; Top Glove trading volume above 120 million shares in first 30 minutes
KUALA LUMPUR (Jan 4): Glove bulls appeared to have turned into glove bears. Heavy selling pressure emerged on rubber glove counters on the first trading day…
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Ekovest, IWC tumbles amid KL-Singapore HSR termination news
KUALA LUMPUR (Jan 4): Ekovest Bhd and Iskandar Waterfront City Bhd (IWC) declined during the first half of the trading day, amid news that the…
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RM13.65b market cap wiped off from big four glove stocks this morning
KUALA LUMPUR (Jan 4): Some RM13.65 billion in market capitalisation (market cap) was wiped off from the big four rubber glove stocks — Top Glove…
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MACC raids Prasarana's premises earlier today
KUALA LUMPUR (Jan 4): The Malaysian Anti-Corruption Commission (MACC) raided the premises of Prasarana Malaysia Bhd this morning. As at the time of writing, it is…
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Top Glove announces special dividend of 20%
KUALA LUMPUR (Jan 4): Top Glove Corp Bhd announced that it has committed to a special dividend of 20% on top of its existing dividend…
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Covid-19 vaccine safe, no long-term side effects — MOSTI
KUALA LUMPUR (Jan 4): The Ministry of Science, Technology and Innovation (MOSTI) has stressed that the Covid-19 vaccine will not cause long-term harmful side effects on people’s…
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Four including directors of frozen meat import companies remanded for four days
JOHOR BARU (Jan 4): Four individuals including two directors of frozen meat import companies were remanded for four days from today by the Magistrate’s Court…
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Najib seeks adjournment of Feb 15 start date of SRC appeal hearing
PUTRAJAYA (Jan 4): Former prime minister Datuk Seri Najib Razak, who has been sentenced to 12 years’ jail and fined RM210 million in the SRC…
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Mustapa: Compensation for Singapore over HSR project cancellation not finalised
KUALA LUMPUR (Jan 4): The compensation figure for the cancellation of the Kuala Lumpur-Singapore High Speed Rail (HSR) project cannot be disclosed as both Malaysia and…