Saturday 20 Apr 2024
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EVENING 5: Bursa’s volume, value surge to record highs

Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.

1. Trade volume and value across Bursa Malaysia close up at all-time highs while rubber glove makers climb to record peaks.

2. Hartalega Holdings’ 1Q net profit more than doubles as both rubber glove sales and average selling prices rise.

3. Lawyer Tan Sri Shafee Abdullah suggests that 1MDB’s management was “run by a bunch of idiots”.

4. Proton Holdings’ sales surge to an eight-year high in July on the back of tax incentives and rising consumer demand.

5. F&N Holdings reports an 18% drop in 3Q net profit, no thanks to a Covid-19 pandemic-induced fall in sales.

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