<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 18): IOI Corp Bhd shares fell 2.6 percent, more than any full-day drop since March 16, as Malaysia's benchmark index declined.</p></div>

<div class=newsTextDataWrapInner><p>Market Metrics</p></div>

<div class=newsTextDataWrapInner><p>* Shares declined to RM4.58, the lowest level since March 16, from RM4.70 in the previous session.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>* Trading volume was more than double the 20-day average&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>* The FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 1.4 percent, and the MSCI AC Asia Pacific Index fell 0.5 percent.</p></div>

<div class=newsTextDataWrapInner><p>Market Insights</p></div>

<div class=newsTextDataWrapInner><p>* In the past year, the stock had a similar or greater loss two times at the close. It advanced after both occasions.</p></div>

<div class=newsTextDataWrapInner><p>* Shares are at a 0.6 percent premium to the analysts' consensus target price. The stock traded at an average 1.9 percent premium over the past year.</p></div>

<div class=newsTextDataWrapInner><p>* Stock advanced 2.6 percent in the past 52 weeks as the FTSE Bursa Malaysia KLCI Index - Kuala Lumpur Composite Index lost 1.6 percent.</p></div>


KUALA LUMPUR (June 18): IOI Corp Bhd shares fell 2.6 percent, more than any full-day drop since March 16, as Malaysia's benchmark index declined.

Market Metrics

* Shares declined to RM4.58, the lowest level since March 16, from RM4.70 in the previous session.

* Tradi...

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Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

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<p>Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.</p>


<p>Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.</p>


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<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


<p>Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade.</p>


<p>Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...