Market News & Events

 

Market News & Events

We will update you with the latest information on events or seminars organised by us, Bursa and other related organizer that will benefit you.

29 Nov

Heineken rises 2.24% on firm 3Q earnings

KUALA LUMPUR (Nov 29): Shares in Heineken Malaysia Bhd rose 2.24% this morning after the brewer posted a 31% increase in net profit to RM103.3 million in the third quarter ended Sept 30, 2019 (3QFY19) from RM78.87 million a year ago, on higher revenue and improved cost efficiency, as well as the timing of commercial spend for new product launches executed during the quarter. Revenue for the quarter also rose 17.7% to RM602.53 million from RM512.01 million.
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29 Nov

KLCI drifts lower on lack of fresh catalysts, tepid sentiment

KUALA LUMPUR (Nov 29): The FBM KLCI drifted lower in early trade on the final trading day of November, as sentiment remained tepid amid a lack of fresh catalysts.
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29 Nov

Stocks Rise on Last Day of Month; U.S. Yields Flat

(Nov 29): Stocks in Asia nudged higher on the final trading day of November with a lack of fresh drivers due to the U.S. holiday.
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28 Nov

China's heft in stock benchmarks stirs worries of concentration risk

SHANGHAI (Nov 28): China’s dominance in widely followed emerging market benchmarks has investors worried about concentrated risks, fuelling demand for indexes that limit their exposure to mainland companies.
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28 Nov

Axiata 3Q net profit down 9.4% to RM119.7m

KUALA LUMPUR (Nov 28): Axiata Group Bhd's net profit for the third quarter ended Sept 30, 2019 (3QFY19) dropped 9.4% to RM119.7 million from RM132.07 million a year ago on the absence of contributions from Singapore telco M1 Ltd following its disposal as well as higher taxes in Bangladesh.
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28 Nov

SC: Malaysia weighs opening bond market to lower-rated issuers

KUALA LUMPUR (Nov 28): Securities Commission Chairman Syed Zaid Albar says there’s need to broaden credit spectrum of issuers in Malaysia’s bond market, which is still being discussed, he says in Kuala Lumpur.
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28 Nov

Asian shares waver as Hong Kong tensions spoil festive mood

SINGAPORE (Nov 28): Asian share markets wobbled on Thursday as concerns that tensions over Hong Kong may stymie a US-China trade deal cast a pall over Thanksgiving cheer from positive US economic data.
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27 Nov

Ringgit opens higher, tracking firmer yuan on trade optimism

KUALA LUMPUR (Nov 27): The ringgit rebounded from its recent losses to open higher against the US dollar today, tracking the firmer Chinese yuan this morning due to US-China trade optimism.
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27 Nov

MMC Corp rises 2.05% on strong 3Q earnings

KUALA LUMPUR (Nov 27): Shares in MMC Corp Bhd rose 2.05% this morning after its net profit climbed 70.3% to RM66.34 million in 3QFY19, from RM38.94 million last year, on higher work progress from Klang Valley Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya (KVMRT-SSP) Line, as revenue grew 32% to RM1.25 billion from RM944.08 million.
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