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Latest Business News in Malaysia

Latest Business News in Malaysia

Kim Loong Resources, a plantation company, reported a 10.6% YoY decline in net profit for the third quarter of fiscal year 23 due to softening revenue in its latest business update
News Admin Dec 29, 2022
Lackluster Local Stock Trading

Lackluster Local Stock Trading

Wall Street closed higher as focus was shifted to politics towards the US mid-term elections 2022 today following a choppy session.
News Admin Nov 8, 2022
Buying Interest – Banks, Telcos, & Tech Stocks

Buying Interest – Banks, Telcos, & Tech Stocks

The Brent crude price surged past the USD90 mark to almost USD92/barrel on reports that OPEC may cut production by an even bigger margin than initially forecast.
News Admin Oct 5, 2022
Commodity Stocks Face Headwinds

Commodity Stocks Face Headwinds

Commodities-related stocks are expected to encounter some headwinds today with the heightened volatility between the global currencies
News Admin Sep 27, 2022
Local Market Trending Higher

Local Market Trending Higher

Yesterday, FBM KLCI ended lower due to lack of buying interests. The benchmark index lost 0.36% or 5.35 points to close at 1,492.33 with losers led by HARTA, PETGAS and HLBANK.
News Admin Aug 11, 2022
Nestlé: Continuing cost pressure

Nestlé: Continuing cost pressure

Nestle's long term prospect are favorable underpinned by its strong balance sheet, which could provide cushion towards potential economy downturn
News Admin Aug 1, 2022
Bursa dragged by 2QFY22 But Expected To Rebound

Bursa dragged by 2QFY22 But Expected To Rebound

The weakness in trading activities in 1HFY22 is due to volatility caused by US Fed’s hawkish stance and geopolitical issues
News Admin Jul 30, 2022

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