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RT Pastry-KAF Investment Bank ink underwriting agreement for ACE Market IPO

KUALA LUMPUR: RT Pastry Holdings Bhd (RT Pastry) has signed an underwriting agreement with KAF Investment Bank Bhd for its initial public offering (IPO) and subsequent listing on Bursa Malaysia's ACE Market.

Korea's Kospi breaks 7,000 as AI chip rally lifts Samsung into US$1 trillion club

SEOUL: An AI-powered surge in semiconductor shares sent South Korea's benchmark KOSPI index above 7,000 points in a historic first on Wednesday, with Samsung Electronics breaking the $1 trillion market-cap barrier.

Bursa Malaysia extends gains at midday in line with regional peers

KUALA LUMPUR: Bursa Malaysia extended gains at midday, tracking firmer regional markets amid progress in US-Iran peace talks, an analyst said.

Manforce falls on ACE Market debut

KUALA LUMPUR: Manforce Group Bhd made its debut on the ACE Market of Bursa Malaysia Securities Bhd today at 37.5 sen per share, a discount of 0.5 sen from its initial public offering (IPO) price of 38 sen.

Samsung Electronics' market cap surpasses US$1 trillion after US AI chip stocks surge

SEOUL: The market capitalisation of Samsung Electronics' common stock surpassed $1 trillion on Wednesday, making it the second Asian company after TSMC to reach the milestone.

Easing oil tensions send Bursa Malaysia higher

KUALA LUMPUR: The FBM KLCI rose on Thursday as easing tensions in the Strait of Hormuz and falling oil prices bolstered a growing risk appetite for equities.

S&P 500, Nasdaq hit records on AI chip rally

The S&P 500 and Nasdaq notched record high closes on Tuesday, lifted by Intel and other AI-related stocks, as a US-Iran ceasefire held firm and investors focused on strong quarterly earnings.

Bursa Malaysia ends higher on late buying

Bursa Malaysia reversed earlier losses to end higher yesterday as buying interest gained momentum in the afternoon session, an analyst says.

Cautious stance seen for equity market on uncertainty

The nation's equity market is expected to remain on a cautiously constructive path through the remaining part of 2026, as investors weigh supportive domestic fundamentals against continued rising geopolitical risks and political uncertainties.

Industronics slips into PN17

KUALA LUMPUR: Industronics Bhd has triggered the criteria pursuant to Practise Note 17 (PN17) of the Main Market listing requirements of Bursa Malaysia.