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KUALA LUMPUR (Jan 21): The main index at Bursa Malaysia reversed its earlier gains and slipped to below the 1,600-point level at the midday break today as investors digested the impact of the expanded movement control order (MCO) restrictions, against the backdrop of firm regional markets. At 12.30pm, the FBM KLCI dipped 3.37 points to 1,598.17. The index had earlier risen to a high of 1,615.22. Losers led gainers by 471 to 239, while 751 counters traded unchanged. Trading volume was 3.85 billion shares valued at RM2.19 billion. The top losers included Euro Holdings Bhd, Cymao Holdings Bhd, K...

At 10am, the FBM KLCI was up six points at 1,642.69. Gainers led losers by 498 to 387, while 357 counters traded unchanged. Trading volume was 1.61 billion shares valued at RM1.11 billion. The gainers included Malaysian Pacific Industries Bhd, Press Metal Aluminium Holdings Bhd, Public Bank Bhd, UWC Bhd, Euro Holdings Bhd, Toyo Ventures Holdings Bhd, KESM Industries Bhd, Mi Technovation Bhd, KPower Bhd and Pentamaster Corp Bhd. The actively traded stocks included Iris Corp Bhd, Kanger International Bhd, JCY International Bhd, Avillion Bhd, Melewar Industrial Group Bhd and Inix Technologies H...

KUALA LUMPUR (Jan 11): The main index of Bursa Malaysia lost 1.29% in the mid-morning today, against a backdrop of pausing regional markets, as local sentiment stayed tepid on lockdown fears in Malaysia. The benchmark index was also pressured as index-linked glove makers Hartalega Holdings Bhd and Supermax Corp Bhd dragged. At 10am, the FBM KLCI had lost 20.75 points to 1,612.44. Market breadth was negative with losers outpacing gainers by 640 to 341, while 386 counters traded unchanged. Trading volume was 2.451 billion shares valued at RM1.89 billion. The losers included CN Asia Corp Bhd, ...

KUALA LUMPUR (Jan 7): TIME dotCom Bhd has acquired a 60% stake in Malaysia’s leading private cloud computing provider AVM Cloud Sdn Bhd for RM58.7 million. TIME said the acquisition marks the group’s efforts in accelerating the growth of cloud computing as the newest pillar of its business, alongside fixed line services, global network connectivity and data centres. “With the inclusion of AVM in the TIME family, the group now possesses a full spectrum of product offerings that can meet the needs of its enterprise customers across the region. “With almost two decades of experience, AVM...

KUALA LUMPUR (Jan 7): Based on corporate announcement and news flow today, the following stocks are likely to be in focus tomorrow (Friday, Jan 8): BSL Corp Bhd, Tomei Consolidated Bhd, Bintai Kinden Corp Bhd, Apex Equity Holdings Bhd, UMW Holdings Bhd, CN Asia Corp Bhd, Time dotCom Bhd and KESM Industries Bhd Bursa Malaysia has issued an unusual market activity (UMA) query to BSL Corp Bhd due to the sharp rise in the group’s share price and trading volume. The share price surged as much as 30 sen or 69.8% to 73 sen before retreating to close at 63.5 sen, still up 20.5 sen or 47.7% from ye...