FBM KLCI extends winning streak, ends week higher
KUALA LUMPUR: The FBM KLCI ended the week on a positive note, extending its winning streak to four consecutive sessions as buying interest in selected heavyweight stocks helped sustain the market's recovery.
KEB to raise RM48.49mil from ACE Market IPO
KUALA LUMPUR: Property developer KEB Bhd expects to raise RM48.49mil from its initial public offering (IPO) ahead of its listing on the ACE Market of Bursa Malaysia on Nov 16.
Asian stocks stay near three-month low on AI funding fears
EMERGING Asian equities recovered some ground on Friday but remained close to a three-month low, as worries about AI's unsustainable funding needs drove money into safe havens.
Singapore Exchange CEO calls for succession planning as contract nears end in 2027
Singapore Exchange CEO Loh Boon Chye on Friday called for the bourse operator to start planning for an eventual leadership transition, although no date had been set for his departure..
Bestari Food secures SC approval for Main Market listing
KUALA LUMPUR: Bestari Food Bhd has secured the Securities Commission Malaysia's (SC) approval for its upcoming listing on the Main Market of Bursa Malaysia Securities Bhd.
FBM KLCI reverses early gains to end morning session lower
KUALA LUMPUR: The FBM KLCI slipped into negative territory by midday, giving up early gains as weak external sentiment weighed on investor appetite.
Taiwan shuts US$5 trillion stock market as Typhoon Champi nears
Taiwan shut its $5 trillion stock market, schools and offices on Friday as Typhoon Champi barreled toward the island, bringing heavy rain and damaging winds that disrupted flights.
FBM KLCI slips in early trade as Wall Street sell-off weighs
KUALA LUMPUR: Bursa Malaysia started Friday's session on a cautious note, tracking overnight weakness on Wall Street amid renewed worries over AI spending.
S&P 500, Nasdaq tumble as AI doubts resurface
US stocks tumbled on Thursday and the Nasdaq posted its steepest daily drop since early June as a batch of high-profile earnings reports ignited fresh fears about the AI spending race.
Stock market needs more quality listings
The stock market needs more high-quality listings, greater foreign investment and stronger transparency to achieve the goal of raising about 5.4 quadrillion dong in medium and long-term capital for the economy in the 2026 to 2040 period as the country targets double-digit growth, a conference has been told.
