Bursa Malaysia-listed energy stocks, which initially seemed to be rallying for the third straight day as the Energy Index made another attempt at charting a fresh three-year high as analysts flagged higher crude oil prices amid an escalation in the Middle East crisis, closed mix on Monday.

Energy stocks' rally on Bursa sputters at Monday's close

Shares of Tomei Consolidated Bhd and Poh Kong Holdings Bhd hit new all-time highs on Monday, as gold prices extended their record rally amid speculative buying and escalated geopolitical tensions in the Middle East.

Tomei, Poh Kong soar to new all-time highs as gold prices extend rally

Shares in gold-related counters, including Poh Kong Holdings Bhd, Tomei Consolidated Bhd, and Bahvest Resources Bhd, rose during Thursday morning trade, as gold prices surged to a record high after the US Federal Reserve (Fed) left interest rates unchanged.

Gold-linked stocks shine as metal's price hits record high

Interest in gold-related counters surged as the precious metal reached a near record high of US$2,195 per oz last Friday, before paring gains to its current price of  US$2,180.50 per oz.

During early trade, leading the pack was Poh Kong Holdings Bhd, which gained 4 sen or 4.47% to 93.5 sen valuing the company at RM381.6 million, with 3.98 million shares changing hands.

Interest in gold-related stocks spurred by record high commodity price 

Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity), two companies linked to tycoon Tan Sri Lim Kang Hoo, were actively traded in Tuesday's morning trade on Bursa Malaysia.

Ekovest, Iskandar Waterfront climb in active trade on 10-year development plan in Johor worth RM4.33b GDV 

KUALA LUMPUR (Feb 23): Plantation stocks retreated on Friday as a slew of weaker-than-expected earnings in the sector stoked concerns over further upside in share prices following the recent rally.

Plantation stocks retreat as weak earnings stoke concerns

Investors were cautious following the demise of former Sarawak governor Tun Abdul Taib Mahmud, who controlled substantial stakes in several companies listed on Bursa Malaysia.

Taib Mahmud-linked stocks dip after former Sarawak governor's demise

Banking and financial services stocks were among the top gainers on Tuesday, with several stocks climbing to new record highs, marking a bullish start to the Lunar New Year of the Dragon.

Banking stocks make roaring entry into Dragon Year with fresh record highs

YTL Power International Bhd and its parent company YTL Corp Bhd were among the most actively traded stocks in Tuesday morning trade, following the announcement that the two stocks will be added to the MSCI Malaysia Index, effective from Feb 29.

YTL Power, YTL Corp, Dialog actively traded after MSCI Malaysia Index review

Glove stocks lost steam on Wednesday as investors expect the normalisation in the US dollar-ringgit exchange rate as well as rising operating expenses to continue to pose challenges for the glove industry, despite recent improvements in demand.

Glove stocks lose steam as investors brace for USD-ringgit exchange rate normalisation, rising operating costs

Consumer products and services counters were among the top gainers on Tuesday, ahead of Chinese New Year celebrations later in the week.

As a result, the Bursa Malaysia Consumer Products and Services Index was up 2.21 points, or 0.39%, reaching the highest level in nine months, at 564.93 points since its last closed at 564.23 points on May 24, 2023.

Consumer products and services counters top gainers ahead of CNY

Several banking stocks surged near historic highs on Friday, spurred by a favourable forecast for the 2024 banking sector and recent decisions of Bank Negara Malaysia (BNM) and the US Federal Reserve (Fed) to maintain their key rates.

Banking counters climb to new highs as BNM, US Fed maintain key rates

Malaysian oil and gas (O&G) stocks were among the most active in the Friday morning session, as investors assessed Saudi Arabia's decision to axe production capacity expansion on rates for Southeast Asian service providers and as oil prices fell below the US$80 (RM378.36) per barrel mark.

O&G stocks see profit-taking as Saudi capacity expansion halt drags oil price, risks Asean rates slowdown

Malaysian technology stocks were among the top losers in early trade, mirroring weaknesses in overnight Nasdaq ahead of the US Federal Open Market Committee's first rate meeting of the year on Wednesday night.

Tech stocks mirror Nasdaq weakness ahead of Fed rate decision

Oil prices were little changed after a 3% drop in the previous session as the market remains concerned about demand this year and on signs that a wider conflict in the key Middle East producing region could be avoided.

Oil stabilises after sharp drop on demand concerns, easing of Middle East tension

The ongoing Shariah High Court dispute, initiated by Tan Sri Jamaludin Jarjis’ widow Puan Sri Dr Kalsom Ismail for her joint matrimonial asset claim to the late former minister’s RM2.1 billion estate, will go to trial in July before a new judge.

Jamaludin Jarjis asset dispute trial gets new judge, but media barred from covering proceedings

RHB Bank, Malaysia’s fourth-largest bank by assets, said on Thursday it views sustainable financing as presenting more opportunities than challenges, rather than affecting its overall profit from financing activities.

RHB sees opportunities in sustainability finance, aims to provide RM50 bil by 2026

theedgemarkets.com highlighted seven stocks with momentum at Bursa Malaysia's noon break on Thursday. Four stocks displayed negative momentum, while three stocks displayed positive momentum.

Crescendo, Inta Bina, PIE Industrial, Unitrade Industries, Cuscapi, HB Global, Mclean Technologies

The Malaysian Bar's challenge against Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi’s discharge not amounting to acquittal (DNAA) in his criminal trial is not academic.

Malaysian Bar: Legal challenge around Zahid's DNAA not academic

Sin-Kung Logistics Bhd has started taking orders from investors for its initial public offering (IPO) that may raise up to RM39.5 million ahead of its listing on Bursa Malaysia’s ACE Market.

Sin-Kung Logistics launches ACE Market IPO to raise RM39.5 mil

AmanahRaya Real Estate Investment Trust (REIT), which mainly manages commercial properties, is aiming to achieve a portfolio occupancy rate of at least 90% by the financial year ending Dec 31, 2025 (FY2025).

AmanahRaya REIT aims to raise occupancy rate to 90% by end-2025

Hong Kong Exchanges and Clearing (HKEX) will develop an in-house derivatives platform that will offer 24-hour trading and new products as it aims to boost its standing as a financial hub, the bourse operator said on Thursday.

Bourse operator HKEX to develop new derivatives platform to bolster investments

WHILE Malaysia-listed companies were seen to be improving their balance sheet position in 2023, the number of perpetual bond issuances rose during the year, data compiled by The Edge show.

At least 28 public-listed companies have outstanding perpetual bonds — also known as perpetuals or...

Cover Story: Perpetual bonds still garnering interest     

Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, and India’s Bharti Airtel Ltd signed a definitive agreement on Thursday to combine their Sri Lankan operations.

Malaysia’s Axiata, Bharti Airtel of India to combine Sri Lankan ops

Shares of PIE Industrial Bhd extended its rally to a new all-time high on Thursday, after Kenanga Investment Bank flagged that the electronic services firm has secured a new client that will take up the entirety of its largest facility.

PIE Industrial extends rally to new all-time high as Kenanga flags new client

The Malaysian aviation industry may be badly impacted on passenger traffic and spikes in jet fuel prices if a full-blown war results from escalating geopolitical tensions in the Middle East, according to Maybank Investment Bank Research (Maybank IB).

Malaysia's aviation industry at risk amid full-blown crisis in Middle East — Maybank IB

The race for the “world’s best airport” crown has been a two-horse affair in recent years, with Doha’s Hamad International and Singapore Changi leading the pack.

Singapore loses ‘world’s best airport’ crown to Qatar

Alphabet Inc’s Google has put more than two dozen employees on immediate administrative leave after they were involved in protests against Project Nimbus, a US$1.2 billion (RM5.7 billion) joint contract with Amazon.com Inc to provide the Israeli government with AI and cloud services.

Google fires workers protesting US$1.2b Israeli contract

Feytech Holdings Berhad (Feytech) has entered into an underwriting agreement with TA Securities Holdings Berhad and AmInvestment Bank Berhad (joint underwriters) for the company’s Initial Public Offering (IPO) on the Main Market of Bursa Malaysia Securities Berhad.

Feytech inks underwriting agreement with TA Securities, AmInvestment en route to Main Market IPO  

Apple Inc chief executive officer Tim Cook will meet Singapore’s leader at the tail end of his most extensive Southeast Asia tour in years, searching for new growth markets and manufacturing locations to offset headwinds in China.

Apple CEO to meet Singapore leader to wrap whirlwind Asia tour

Several Malaysia Airlines and AirAsia flights between Sabah, Sarawak, and Kuala Lumpur International Airport (KLIA) were cancelled on Thursday due to volcanic eruption at Mount Ruang, Indonesia.

Malaysia Airlines, AirAsia cancel flights to Sabah, Sarawak after volcano eruption in Indonesia

Gold prices may correct amid potential delay in the anticipated rate cuts by the US Federal Reserve, Philip Capital warned on Thursday and advised investors to stop buying Malaysia’s sole gold exchange-traded fund (ETF).

Stop buying gold ETF as prices may correct — Philip Capital

President Joe Biden called China “xenophobic” while highlighting the Asian nation’s economic woes, as he sought to make the case for US economic strength during a campaign stop in the swing state of Pennsylvania.

Biden calls China ‘xenophobic’, ramping up 2024 campaign rhetoric

Sin-Kung Logistics Bhd has started taking orders from investors for its initial public offering (IPO) that may raise up to RM39.5 million ahead of its listing on Bursa Malaysia’s ACE Market.

Research analysts covering IGB Real Estate Investment Trust (IGB REIT) remained sanguine on the stock’s prospects after it reported a 4.79% jump in its net property income (NPI) for the first quarter ended March 31, 2024 (1QFY2024) to RM124.24 million, from RM118.55 million a year earlier, thanks largely to higher rental income.

Analysts remain sanguine on IGB REIT’s prospects going forward

Hong Leong Investment Bank (HLIB) research said Cloudpoint Technology Bhd is well positioned to capitalise the burgeoning demand for cyber security solutions post-passage of the cyber security bill which was passed in Dewan Rakyat on April 3.

HLIB: Cloudpoint well positioned to capitalise burgeoning demand for cyber security solutions

Asian stocks crept higher in a mixed session on Thursday, while the dollar took a breather and bond markets steadied as investors stepped back to assess the interest rate outlook.

Asian stocks mixed as soaring dollar pauses

Alphabet-owned Google&nbsp;is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.

Google lays off employees, shifts some roles abroad amid cost cuts

Bursa Malaysia turned mixed at the midday break on Thursday with the key index ending the morning session in positive territory, in tandem with regional markets, said a dealer.&nbsp;

Bursa mixed at midday break, key index up

The stock market saw its longest losing streak since January as a handful of big techs sold off — despite a slide in bond yields.

S&P 500 suffers its longest slide since January

KUALA LUMPUR (April 18): Smart Asia Chemical Bhd has signed an underwriting agreement with Mercury Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.

Smart Asia Chemical inks underwriting agreement with Mercury Securities en route to ACE Market IPO

Axiata Group Bhd, Malaysia’s largest telecommunications company by revenue, and India’s Bharti Airtel Ltd signed a definitive agreement on Thursday to combine their Sri Lankan operations.

KUALA LUMPUR (April 18): Food and supplement company OB Holdings Bhd said on Thursday that it has secured approval from Bursa Malaysia for an initial public offering (IPO) on the bourse’s ACE Market, to raise funds for expansion.

OB Holdings gets approval for ACE Market IPO, targets listing in 4Q

China Tianrui Group Cement Co said a sudden drop in its stock last week triggered a margin call involving a major shareholder, explaining the dynamic behind a dramatic plunge that wiped out nearly all of its market value.

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