News
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TotalEnergies has no plan to divest Russia assets
DUBAI: TotalEnergies SE doesn’t plan to divest its Russian assets amid the war in Ukraine, as doing so would essentially mean handing them over to president Vladimir Putin’s regime, chief executive officer Patrick Pouyanne says. Read full story
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Commodity boom untapped as South Africa fights rail woes
JOHANNESBURG: South Africa is missing out on some of the riches on offer from the commodities boom as a rail network beset by problems hobbles its exports. Read full story
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Trading ideas: Axiata, RHB Bank, VS Industry, BCorp, BLand,
KUALA LUMPUR: Stocks to watch on Monday include Axiata Group Bhd, RHB Bank Bhd, VS Industry Bhd, Berjaya Corp Bhd and Berjaya Land Bhd, according to JF Apex Research. Read full story
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KLCI opens higher but drifts lower thereafter
KUALA LUMPUR: The FBM KLCI opened higher but drifted lower thereafter. Read full story
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Foreign funds continue buying on Bursa but at slower pace
KUALA LUMPUR: Foreign funds continued buying Malaysian equities last week at a slower pace of RM525.75mil, from RM1.18bil the prior week, according to MIDF. Read full story
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REITs to benefit from economic recovery
KUALA LUMPUR: The improving outlook for retail should result in a positive re-rating of retail real estate investment trusts (REITs) with established malls in Klang Valley, according to MIDF Research. Read full story
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Ringgit slightly higher against US dollar at opening
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Monday, supported by the global economic recovery which is cruising at a reasonable speed, said an analyst. Read full story
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Maxis employees rally together to assist flood victims
KUALA LUMPUR: Maxis Bhd’s employees have rallied together for a donation drive for victims of the recent year-end floods. Read full story
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OCBC AL-Amin wins Sustainable Energy Islamic Financing Award
KUALA LUMPUR: OCBC Al-Amin Bank Bhd has won the Special Award for Sustainable Energy Financing (Islamic Financing) at the National Energy Awards (NEA) 2021. Read full story
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Bursa Malaysia ends morning session lower
KUALA LUMPUR: Bursa Malaysia ended the morning trading session lower on selling pressure in most indices, led by the technology, consumer, industrial products and services counters, amidst mixed regional market performance. Read full story
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