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KUALA LUMPUR: Stocks in focus on Wednesday include Dialog, LBS Bina, TMC, Ranhill Utilities, Reservoir Link, Matrix, JF Technology, IHH, Malakoff, Gas Malaysia and K Seng Seng, said Apex Research.
JF Technology Bhd (JF Tech) expects global uncertainties to remain elevated, on the back of ongoing macroeconomic issues.
KUALA LUMPUR: JF Technology Bhd (JF Tech) expects global uncertainties to remain elevated, on the back of ongoing macroeconomic issues.
IT has been another eventful year for Bursa Malaysia, as the nation began transitioning to the endemic phase of Covid-19 on April 1 amid global headwinds such as high inflation, rising interest rates and geopolitical tensions. The local market — along with other Asian bourses, with the exception of Singapore’s Straits Times Index — is ending the year in negative territory. The FBM KLCI had lost 5.7% year to date (YTD) to 1,478.54 points on Dec 16 compared with the STI’s gain of 3.7%.
KUALA LUMPUR: JF Technology Bhd has successfully transfered the listing and quotation of its entire issued share capital and outstanding warrants from the ACE Market to the Main Market of Bursa Malaysia Securities.