Stock Market & Investment News

JAKARTA: Indonesia’s finance ministry will likely sell some of the bonds that the central bank had agreed to buy by the end of this quarter, with the rest to be sold in the second half of the year, a senior official said on Tuesday Read full story

KUALA LUMPUR: Sime Darby Property Bhd (SDP) posted a lower net profit of RM51.84mil in the first quarter ended March 31 against RM66.04mil a year ago. Read full story

Vietnam’s VinFast is shifting its headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a potential public listing and the first production run of cars for U.S. and European markets, its chief executive told Reuters. Read full story

KUALA LUMPUR: The ringgit ended the day lower against the US dollar today as the market is cautious over the uncertain global economic outlook and monetary policies. Read full story

PETALING JAYA: Carlsberg Brewery Malaysia Bhd delivered a robust performance in the first quarter of its financial year 2022 (1Q22), backed by higher earnings due to stronger Chinese New Year (CNY) sales in both its Malaysia and Singapore operations along with the ease of Covid-19 restrictions. Read full story

KUALA LUMPUR: Malakoff Corp Bhd’s net profit fell 15.8% to RM50.9mil in the first quarter ended March 31, from RM60.4mil a year ago. Read full story

KUALA LUMPUR: Carlsberg Brewery Malaysia Bhd has appointed Tan Sri Chor Chee Heung as chairman, succeeding Datuk Toh Ah Wah. Read full story

KUALA LUMPUR: KLCCP Stapled Group’s net profit increased to RM161.44 million in the first quarter ended March 31, 2022 (Q1 FY2022) from RM146.13 million in the same period last year. Read full story

KUALA LUMPUR: Pekat Group Bhd posted a net profit of RM4.40 million in the first quarter ended March 31, 2022 (Q1 2022) from RM4.54 million in the same period last year. Read full story

KUALA LUMPUR: Farm Fresh Bhd saw its net profit surge by 50.6% year-on-year (y-o-y)to RM17.68mil for the fourth quarter ended March 31 (4Q22) from RM11.74mil previously. Read full story