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KUALA LUMPUR: Bursa Malaysia stayed lower at midday as renewed geopolitical tensions and the United States Federal Reserve's decision to stay pat on interest rates continued to dampen sentiment.
BURSA Malaysia is set to welcome three new ACE Market listings this week, bringing the number of listings on the local bourse to 33 year to date and exceeding half of last year’s total of 60 listings. Of the 33, 22 were ACE Market listings, six were on the LEAP Market and five on the Main Market....
AS the global technology sector regains momentum, engineering services firm Sum Technology Bhd (KL:SUM) is positioning itself to capitalise on rising demand driven by artificial intelligence, semiconductors, data centres and electric vehicles.
“We can see the semiconductor industry comi...
Sum Technology Bhd has posted a strong start on its ACE Market debut, opening at 40 sen – a premium of 12 sen, or 42.9% – over its initial public offering (IPO) price of 28 sen.
The FBM KLCI ended marginally higher on Thursday after giving up most of its intraday gains, while weakness in the broader market underscored cautious investor sentiment.
KUALA LUMPUR: The FBM KLCI ended marginally higher on Thursday after giving up most of its intraday gains, while weakness in the broader market underscored cautious investor sentiment.
KUALA LUMPUR: The FBM KLCI traded higher at midday on Thursday, buoyed by gains in selected blue-chip stocks, although concerns over tighter global liquidity conditions capped gains.
KUALA LUMPUR (June 18): Sum Technology Bhd (KL:SUM) is seeing rising demand for data centres and high-technology factories that will drive earnings growth over the next two years.
KUALA LUMPUR: Sum Technology Bhd got off to a strong start on its ACE Market debut on Thursday, opening at 40 sen, a premium of 12 sen or 42.9% over its initial public offering (IPO) price of 28 sen.
Sum Technology Bhd (KL:SUM) ended its first day as a publicly-traded company with an 87.5% gain after the engineering services firm raised RM33 million from the ACE Market.