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DNeX s 2Q net profit down 27% y-o-y on higher tax expenses

KUALA LUMPUR (Feb 20): Dagang NeXchange Bhd (DNeX)’s net profit for the second quarter ended Dec 31, 2022 (2QFY2023) decreased by 27.26% to RM31.88 million from RM43.83 million a year earlier, partly due to higher tax expenses.

Bursa lower at lunch break

Bursa Malaysia ended the morning session lower on Friday (Jan 27), weighed down by selling in selected heavyweights in the financial services and telecommunications and media sectors, dealers said.

Bursa ends morning session lower

Bursa Malaysia ended the morning session lower after trading in cautious mode on Wednesday (Jan 25), with profit-taking seen in selected heavyweights, dealers said. At lunch break, the benchmark FBM KLCI had fallen by 4.14 points to 1,496.19, from last Friday’s closing at 1,500.33.

Late buying lifts Bursa to end at intraday high

Bursa Malaysia shook off earlier losses to end at its intraday high on Tuesday (Jan 17), lifted by late buying of selected telecommunications and media, as well as industrial products and services counters, dealers said.

Bursa ends at intraday high on improved sentiment

Bursa Malaysia ended the week in positive territory at its intraday high on Friday (Jan 13), taking the cue from the improved performance of regional markets and optimism surrounding China’s reopening as well as the weakening of the US dollar, a dealer said.

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