Bursa Malaysia Suspends Short Selling Of WCT Shares

KUALA LUMPUR, The intra-day short selling (IDSS) of WCT Holdings Bhd’s shares has been suspended for the rest of the day after its last done price dropped more than 15 per cent or 15 sen from its reference price.

Bursa Malaysia announced on its webs…

Foreign Investors Channel RM242.1 Mln Into Bursa Malaysia After Profit-taking Period – MIDF

KUALA LUMPUR, The foreign investors returned to Bursa Malaysia, channelling their funds into RM242.1 million worth of equities last week, following a profit-taking period the week before, according to MIDF Amanah Investment Bank Bhd.

In its weekly f…

MIDF Amanah Maintains FBM KLCI Baseline Target At 1,750 Points In 2024

KUALA LUMPUR, MIDF Amanah Investment Bank Bhd maintained its FBM KLCI baseline target for 2024 at 1,750 points, citing positive monetary and fundamental prospects.

In a research note today, the investment bank recommended a stock selection strategy …

Malaysia Currently In Investment Upcycle – Maybank IB

KUALA LUMPUR, Maybank Investment Bank Bhd (Maybank IB) believes that Malaysia is currently undergoing its third investment upcycle.

It said the combined private and public investments share of the GDP picked up from the recent post-pandemic low of 1…

136,453 FandB services Premises With RM99 Bln Gross Ouput Value Operating In 2022 — DoSM

KUALA LUMPUR, A total of 136,453 food and beverage (FandB) services establishments were operating in 2022 with gross output value of RM99.0 billion compared with 167,490 establishments valued RM66.4 billion in 2015, according to the Department of Sta…

BASF Catalysts India Unveils RDandA Lab For Automotive Emissions Control Solutions

KUALA LUMPUR, BASF Catalysts India Private Limited (BCIL), a subsidiary of BASF Environmental Catalyst and Metal Solutions (ECMS), has inaugurated a new Research, Development and Application (RDandA) lab at its site in Mahindra World City, Chennai.

E-invoice Rollout: Challenges And Support Needed For Automotive Sector

KUALA LUMPUR, The government’s move to implement e-invoicing is a significant step towards digitising governmental transactions, but it also presents several challenges, particularly for the automotive industry.

E-invoicing refers to generating, sen…