Seven companies made their debut on the capital market in the fourth quarter of 2022 (4Q2022) with a combined market capitalisation of RM2.23 billion, and raised RM642.47 million via new issue and offer for sale. They comprised one company on the Main Market and six companies on the ACE Market, said Bursa Malaysia in its IPO performance report for 4Q2022.
Here is a brief recap of some corporate announcements that made news on Thursday (Dec 29) involving Telekom Malaysia Bhd, Tenaga Nasional Bhd, Boustead Holdings Bhd, Pharmaniaga Bhd, Sunway Real Estate Investment Trust (REIT), PTT Synergy Group Bhd and TAFI Industries Bhd.
theedgemarkets.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close on Tuesday (Dec 13). Two stocks displayed positive momentum, while the other six indicated negative momentum.
Bursa Malaysia ended the morning trading session lower as cautious sentiment ahead of US economic data this week weighed on sentiment, an analyst said. At the lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.01 points to 1,474.18 from Friday's closing of 1,477.19.