Bursa Malaysia Share

Top 67 Share Trading Latest News Alerts.

Plenitude May Rise On 1-For-1 Bonus Issue Plan - (8 Sep 2010)

[Updated] Plenitude (5075.KU) may rise to test psychological MYR4.00 vs yesterday's close at MYR3.88 (+2.4%), says dealer; this after property developer says in stock exchange filing that it's planning bonus issue of 135 million shares on basis of 1 bonus share for every 1 share held. Firm says bonu

Malaysia Shares End Steady;1422 Immediate Support - (8 Sep 2010)

[Updated] KLCI ends steady at 1,434.14 in thin volume but market breadth negative with 409 decliner vs 263 advancers as investors take profit ahead of long-weekend. "It is logical to expect the index to start consolidating - but the market still has the potential to rally further despite weakness in

STI Off 0.8%; 3000 Floor; Small Caps Still Firm - (8 Sep 2010)

[Updated] Prospect of rebound for Singapore blue chips dim with most other Asian markets still soft, U.S. stock futures flat. STI off 0.8% at 3011.39, with immediate support at 3000. Shares in broader market, especially low-price plays, faring better, with FTSE ST Small Cap Index +0.7%, FTSE ST Cata

OSK Keeps NTPM As Neutral, MYR0.52 Target - (8 Sep 2010)

[Updated] STOCK CALL: OSK Research keeps NTPM (5066.KU) at Neutral with unchanged MYR0.52 target after tissue paper maker posts net profit for fiscal 1Q ended April 30 of MYR12.4 million (down 12% on-year). "Given that the results were within our expectation, we maintain our FY11 and FY12 earnings f

Taiwan Shares End Off 0.4%;7700-8000 Range Tipped - (8 Sep 2010)

[Updated] Taiwan shares end off 0.4% at 7851.31 tracking correction on U.S. shares overnight amid worries over health of European banks. "Taiex shares fell less than U.S. shares today, which shows Taiwan's economic outlook continues to be relatively strong," says Mega Securities assistant VP Alex Hu

Philippine Shares End At 3-Year High; Banks Lead - (8 Sep 2010)

[Updated] Philippine shares ended higher, staging late rebound on back of last-minute buying of banking stocks. Benchmark PSEi closed 0.8% higher at 3804.73, a 3-year high, near closing level on Oct. 19, 2007, last time the index was at the 3800 level (a blast in a Makati shopping mall that killed s

STI Off 1.0% But Lower Liners Perform Better - (8 Sep 2010)

[Updated] Investors continue to avoid Singapore shares after early selloff, with STI surrendering almost all its 1.1% gain so far this week. Index off 1.0% at 3006.79 midday. If 3000 gives way for rest of session, next support expected at Friday's 2977 intraday low. Market breadth slightly negative,

Vietnam Shares End Down 0.5% On Profit-Taking - (8 Sep 2010)

[Updated] Vietnam shares end down 0.5% at 458.44 as local retailers continue to take profits after key index +8.2% over past 7 sessions. "Some blue chips are still up by more than 10% month-to-date," says trader. Tips strong technical support at 450; thinks local institutions, foreigners may buy ami

Citi Keeps Telekom As Sell; Target MYR2.83 - (8 Sep 2010)

[Updated] STOCK CALL: Citigroup keeps Telekom Malaysia (4863.KU) as Sell but raises target by 3% to MYR2.83 to reflect MYR142 million gain for FY10 from divestment of Measat stake; "we think there is a possibility that part of the proceeds may eventually be used to return capital to shareholders." A

Maybank Raises Gamuda Target To MYR4.38;Keeps Buy - (8 Sep 2010)

[Updated] STOCK CALL: Maybank IB Research raises Gamuda (5398.KU)target to MYR4.38 from MYR3.80, keeps Buy. Target raised as valuation year rolled forward to 2011, to reflect contribution from mass rapid transit, or MRT, project. Maybank says 4Q FY10 results, due end-September, to be within expectat

Plenitude +9.5% On Bonus Issue, Upbeat Outlook - (8 Sep 2010)

[Updated] Plenitude (5075.KU) +9.5% at MYR4.25 after property company announced plans for 1-for-1 bonus issue; expects to complete exercise by 4Q 2010. Dealers say bonus issue would boost stock's liquidity, help attract wider range of shareholders by making stock more affordable for retail investors

Sustainability High On Bursa Malaysia's Agenda - Bernama - (8 Sep 2010)

Sustainability High On Bursa Malaysia's Agenda
Bernama
... stock market is developing quickly through a combination of corporate conscience, stakeholder pressure and government policies, says Bursa Malaysia. ...

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Cypark Aims To Raise RM33 Million From IPO - Bernama - (8 Sep 2010)

Cypark Aims To Raise RM33 Million From IPO
Bernama
KUALA LUMPUR, Sept 8 (Bernama) -- Cypark Resources Bhd, which is en route to a listing on the Main Market of Bursa Malaysia towards the end of the year, ...
Cypark en route for listing on Bursa Malaysia Star

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STI May Fall; Upside Hinges On Banks - Analyst - (8 Sep 2010)

[Updated] Pullback in U.S. stocks overnight on renewed concerns over health of European banks may give investors excuse to book some gains in Singapore shares, at least in early trade. Having risen for past 5 sessions, +0.1% at 3036.09 yesterday, STI likely to hold above resistance-turned-support of

Lexus sells 1,000 units in Malaysia - (8 Sep 2010)

Lexus Malaysia has sold 1,000 units of Lexus model cars since their launch at end-2006.

"This is a big achievement for the Lexus brand as it has been around in the country for just three yea

Merrill Lynch, Credit Suisse pick new Asia chiefs - (8 Sep 2010)

SINGAPORE: Bank of America's Merrill Lynch hired Michael Benz from UBS as its new Asia-Pacific head of wealth management, underscoring aggressive competition for top bankers in the world's h

Malaysian Genomics to be listed on Oct 5 - (8 Sep 2010)

Malaysian Genomics Resource Centre Bhd (MGRC), a bio-informatics solutions and analysis services provider, will be listed on the ACE market of Bursa Malaysia on October 5 this year.

The exercis

Bernas launches maiden sukuk - (8 Sep 2010)

PADIBERAS Nasional Bhd (Bernas) (6866), a rice importer and distributor, has launched its ma

BAT hopes for moderate tax regime in budget - (8 Sep 2010)

British American Tobacco (M) Bhd (BAT) hopes the government will continue to reflect a balanced moderate and gradual excise increase regime in the upcoming Budget 2011.

Hopefully this will be

AIG considering new sale of Taiwan unit - (8 Sep 2010)

HONG KONG: American International Group Inc (AIG) is leaning towards a new sale of its Taiwan unit, according to one of the original buyers, opening the way for a number of Taiwanese banks which have expressed interest.

Diamond takes over as Barclays group chief exec - (8 Sep 2010)

LONDON: Change swept through the top of Britain's banks yesterday as Barclays said its investment banking supremo Bob Diamond will take over as group chief executive next year and HSBC was

Diamond to take over as Barclays CEO next year - (8 Sep 2010)

LONDON: Change swept through the top of Britainâs banks on Tuesday as Barclays said its investment banking supremo Bob Diamond will take over as group chief executive next year and HSBC was expected to announce later that its chairman is going into government.

Cypark aims to raise RM33m from IPO - (8 Sep 2010)

Cypark Resources Bhd, which is en route to a listing on the Main Market of Bursa Malaysia towards the end of the year, expects to raise RM33 million from its initial public offering (IPO).

It

s - (8 Sep 2010)

PETALING JAYA: Measat Global Network Systems Sdn Bhd (MGNS), the vehicle of tycoon T. Ananda Krishnan, has secured 70.85% or 276.26 million of Measat Global Bhd’s shares as of Monday.

KL shares extend losses at mid-afternoon - (8 Sep 2010)

Share prices on Bursa Malaysia extended their losses at mid-afternoon today, with sentiment bearish on concerns that European banks may have more exposure to risky government debts, dealers said.

Briefly - (8 Sep 2010)

Wednesday September 8, 2010. Briefly. Petra Energy objects UPOICâs application. Petra Energy Bhd said that in its arbitration proceedings by United Palm Oil Industry Public Co Ltd (UPOIC) the latter had sought to amend their Points of Claim and to increase their claim for damages and penalty from US$11.2business.

Plentitude gains on bonus share plan - (8 Sep 2010)

Plentitude Bhd, a Malaysian developer, rose to a record in Kuala Lumpur trading after proposing a one-for-one bonus share issue aimed at boosting the liquidity of its stock.

Its shares gained

Cypark en route for listing on Bursa - (8 Sep 2010)

Cypark Resources Bhd had today held its underwriting ceremony for its forthcoming initial public offering on the Bursa Malaysiaâs Main Market by early fourth quarter.

The going gets tough for takaful industry - (8 Sep 2010)

Takaful operators were caught unaware last week when Bank Negara Malaysia announced four new licences instead of two.

"With 12 operators in the country now, we have to work harder to gain m

PETALING JAYA: Building the agency force and brand… - (8 Sep 2010)

PETALING JAYA: Building the agency force and brand name are two key areas Overseas Assurance Corp (M) Bhd (OACM) will bank on to strengthen its position in the insurance market with the acquisition of Tahan Insurance Malaysiaâs general insurance business.

Hai-O seen pausing to consolidate gains - (8 Sep 2010)

SHARE prices on Bursa Malaysia consolidated within tight trading ranges for the third consecutive trading day yesterday.

Its overall declining counters outpaced its advancing counters by 354 t

buybacks - (8 Sep 2010)

UNDER normal circumstances, investors should get excited when companies buy back their own shares. In theory, this action implies the management views the best available investment opportunity for the utilisation of excess cash is to invest in its own company rather than buy into some other companies.

Profit-taking weighs on ringgit - (8 Sep 2010)

RINGGIT

THE ringgit closed lower against the US dollar yesterday on profit-taking and in line with the lower share prices on Bursa Malaysia, dealers said.

At the close, the ringg

MGRC To Be Listed On Oct 5 This Year - Bernama - (7 Sep 2010)

MGRC To Be Listed On Oct 5 This Year
Bernama
... is expected to be listed on the ACE market of Bursa Malaysia on Oct 5 this year. The exercise entails a public issue of 17.1 million new shares and ...

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BURSA MALAYSIA: Share Prices Extend Downtrend At Midday - Bernama - (7 Sep 2010)

Klue

BURSA MALAYSIA: Share Prices Extend Downtrend At Midday
Bernama
KUALA LUMPUR, Sept 8 (Bernama) -- Share prices on Bursa Malaysia extended a downtrend to the fourth consecutive day at midday Wednesday, with sentiment ...
BURSA MALAYSIA: Share Prices Close Mostly Lower Bernama
BURSA MALAYSIA: Share Prices Mostly Lower At Mid-Day Bernama
Bursa Malaysia at lower level allvoices
Malaysia Star - Spero News - Business Times - Malaysia
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HK Shares End Down; China Mobile Drops After Vodafone Stake Sale - (7 Sep 2010)

HONG KONG (Updated)--Hong Kong shares ended lower on profit-taking Wednesday after a five-day winning streak and because of a sharp decline in China Mobile following Vodafone's sale of its stake in the index heavyweight. The blue-chip Hang Seng I

China Shares End Slightly Lower On Property Tightening Concerns - (7 Sep 2010)

SHANGHAI (Updated)--China's shares ended slightly lower Wednesday, led by real estate firms due to concerns about further tightening measures, but gains in metals companies following recent calls by Beijing to accelerate consolidation in the industry limi

Australia Shares End Down 0.8% Amid Offshore Weakness - (7 Sep 2010)

SYDNEY (Updated)--The Australian share market retreated to a three-day low Wednesday as concern about European banks' exposure to sovereign debt triggered falls in offshore equities. Traders were also wary of offshore selling related to Vodafone'

Tokyo Shares Fall As Yen Surge Darkens Corporate Outlook - (7 Sep 2010)

By Kana Inagaki Of Updated NEWSWIRES TOKYO (Updated)--Tokyo stocks fell sharply Wednesday as the yen's rise to a fresh 15-year high against the dollar clouded the outlook for the country's exporters, despite stepped-up warnings from Japanese aut

FOREX: Ringgit Traded Lower Against US Dollar Due To Lack Of Commercial Interest - Bernama - (7 Sep 2010)

FOREX: Ringgit Traded Lower Against US Dollar Due To Lack Of Commercial Interest
Bernama
... the US dollar in the early session on Wednesday, due to lack of commercial interest and in line with lower share prices on Bursa Malaysia, dealers said. ...
FOREX: Ringgit Closes Lower On Profit-Taking Bernama

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NZ Shares End Lower After Wall Street Fall; Renewed Fears Over Global Economy - (7 Sep 2010)

WELLINGTON (Updated)--New Zealand shares ended lower, tracking weakness in the U.S. overnight due to renewed fears over the global economy. NZX-50 index closed down 0.4%, or 12.96 points, at 3161.18 points. The market was weighed down by

UPDATE: Asian Shares Drop; Yen Strength Hurts Japan Exporters - (7 Sep 2010)

(Adds information, quotes, updates/adds market levels) By Colin Ng and Leslie Shaffer Of Updated NEWSWIRES SINGAPORE (Updated)--Asian stock markets were mostly lower Wednesday after Wall Street declined amid

MGNS secures 71% of Measat shares - Malaysia Star - (7 Sep 2010)

MGNS secures 71% of Measat shares
Malaysia Star
MGNS had on July 28 made a general offer for all the shares in Measat it did not own. MGNS told Bursa Malaysia yesterday that it had received acceptances ...
TM Agrees To Dispose Of Stake In MEASAT For RM4.20 Per Offer Share Bernama
Measat extends buyout offer Business Times - Malaysia

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Petronas plans for chemicals group flotation - Financial Times - (7 Sep 2010)

Malaysia Star

Petronas plans for chemicals group flotation
Financial Times
In a draft prospectus filed on Tuesday with Bursa Malaysia, the Kuala Lumpur stock exchange, Petronas said it had merged 22 ...
UpdatePetronas to expand petchems capacity after bourse listing ICIS (subscription)
Petronas files draft prospectus Straits Times

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= UPDATE: US Small-Cap Stocks Post First Drop In Five Sessions - (7 Sep 2010)

(Updates with additional company information, beginning in the 13th paragraph.) By Kristina Peterson Of Updated NEWSWIRES NEW YORK (Updated)--U.S. small-capitalization stocks sank Tuesday as renewed concerns over the global fi

= UPDATE: US Stocks Fall, Snapping Four-Day Winning Streak - (7 Sep 2010)

(Updates with additional company information, beginning in the seventh paragraph.) By Donna Kardos Yesalavich Of Updated NEWSWIRES NEW YORK (Updated)--Financial stocks including American Express, J.P. Morgan Chase and Bank of

KL shares close mostly lower - (7 Sep 2010)

Malaysia’s FTSE Bursa Malaysia KLCI Index was little changed at 1,434.27, sliding for a third day.

Axiata Group, a mobile-phone operator, fell 1.1 per cent to RM4.43. Emirates Telecom Cor

China allows insurers to broaden investments - (7 Sep 2010)

SHANGHAI: China will allow insurers to broaden their investment channels into private equity and real estate, a long-awaited move that could unleash as much as US$100 billion (US$1 = RM3.11)

EPF denies report on RHB Capital merger - (7 Sep 2010)

THE Employees Provident Fund (EPF) has denied a report that it may merge RHB Capital Bhd (1066

K-Star proposes share split - (7 Sep 2010)

K-STAR Sports Ltd (5172) has proposed to undertake a share split involving the sub-division

Asia a key focus for BA - (7 Sep 2010)

LONDON/MADRID: British Airways and Iberia have drawn up a shopping list of 12 airlines as they look to embark on a spending spree once their merger completes, with Asia seen as a key focus for

s fall on trade expo dispute - (7 Sep 2010)

PETALING JAYA: Shares of Kumpulan Jetson Bhd shed four sen, or 3.4%, to RM1.15 yesterday following a dispute over the new trade exhibition centre for the Malaysia External Trade Development Corp (Matrade) within the Jalan Duta area in Kuala Lumpur.

Petronas Chemicals profit down 25pc - (7 Sep 2010)

Petroliam Nasional Bhd, which lodged a draft prospectus today for its petrochemical division’s listing, said profit at the unit fell 25 per cent in the year to March 31.

A total of 22 p

Measat extends buyout offer - (7 Sep 2010)

Tycoon Ananda Krishnan's Measat Global Network Systems Sdn Bhd (MGNS) has extended its takeover offer for all outstanding shares in satellite operator Measat Global Bhd (

K-Star Sports up on share split plan - (7 Sep 2010)

K-Star Sports Ltd, a Chinese maker of sports footwear, rose the most in almost one month in Kuala Lumpur trading after announcing plans for a share split to enhance the liquidity and marketability of

S&P lifts BIMB's call to 'buy' - (7 Sep 2010)

Standards and Poor's Equity Research Services (S&P) has raised BIMB Holdings Bhd's call to "buy" from "hold" and the 12-month target price to RM1.50 from RM1.40 on valuation grounds.

In a

EU ministers to defend clout at IMF - (7 Sep 2010)

WASHINGTON: European finance ministers this week will try to protect their clout at the International Monetary Fund (IMF) after the US unexpectedly forced a debate on which countries sit on the

Air Products boosts Airgas acquisition offer to US$5.48bil - (7 Sep 2010)

NEW YORK: Air Products and Chemicals Inc. said Monday it has boosted its offer to buy rival Airgas Inc. to $65.50 per share, but said it will walk away if Airgas shareholders don't elect its board slate and approve its bylaw proposals.

Randstad sees triple-digit growth - (7 Sep 2010)

HUMAN resource (HR) services firm Randstad anticipates triple-digit growth in business this year in line with strong economic expansion and buoyant employment market.

Randstad regional direct

News in Brief - (7 Sep 2010)

Briefs on: Petronas unit Engen bids again, Metacorp unit agrees to sell land, K-Star proposes share split, Affin proposal put on hold and TRC Aussie unit wins RM10m job

StemLife may consolidate before resuming rebound - (7 Sep 2010)

SHARE prices on Bursa Malaysia continued to consolidate for the second consecutive trading day yesterday. Overall advancing counters outpaced declining counters by 370 to 316.

The FTSE Bursa M

s for RM252.1mil - (7 Sep 2010)

PETALING JAYA: Telekom Malaysia Bhd (TM) has decided to accept the general offer (GO) for Measat Global Bhd at RM4.20 a share.

India to sell stake in 2 oil companies - (7 Sep 2010)

NEW DELHI: India is considering selling 10 per cent in Indian Oil Corp (IOC) and 5 per cent in Oil and Natural Gas Corp (ONGC) in the March quarter, a deal that could fetch the government ab

Nothing beats full disclosure - (7 Sep 2010)

LAST Friday, significant events took place in relation to Mudajaya Corp Bhdâs public relations roller coaster ride that began in late July when a poison pen letter about its Indian power plant project first surfaced.

BURSA MALAYSIA: Share Prices To Move In Tight Range Next Week - Bernama - (3 Sep 2010)

Malaysia Star

BURSA MALAYSIA: Share Prices To Move In Tight Range Next Week
Bernama
KUALA LUMPUR, Sept 4 (Bernama) -- Share prices on Bursa Malaysia are likely to move in a tight range next week, with investors reluctant to actively trade ...
BURSA MALAYSIA: Share Prices Open Lower On Profit-taking Bernama
BURSA MALAYSIA: KL Shares End Easier On Profit-Taking Bernama
BURSA MALAYSIA: KL Shares Lower At Midday Bernama

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BURSA MALAYSIA: KL Shares Close Higher, FBM KLCI At New High - Bernama - (2 Sep 2010)

Live Trading News

BURSA MALAYSIA: KL Shares Close Higher, FBM KLCI At New High
Bernama
KUALA LUMPUR, Sept 2 (Bernama) -- Share prices on Bursa Malaysia closed higher on Thursday, with the benchmark index touching a new high supported by buying ...
BURSA MALAYSIA: KL Shares Mixed At Midday Bernama
Malaysia: Shares higher at start Business Times (subscription)
Bursa Malaysia grow up allvoices

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BURSA MALAYSIA: Share Prices Traded Higher In Early Session - Bernama - (29 Aug 2010)

Live Trading News

BURSA MALAYSIA: Share Prices Traded Higher In Early Session
Bernama
KUALA LUMPUR, Aug 30 (Bernama) -- Share prices on Bursa Malaysia were traded higher in early session on Monday, as investors took the cue from gains on the ...
M'sian share index at 30-month high Malaysia Star
FBM KLCI ends higher Malaysia Star (blog)
The week ahead: Wall Street to direct M'sian market Malaysia Star (blog)

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