Digital bank bidders rose on Friday morning (April 29) as Bank Negara Malaysia (BNM) is set to announce the winners on the same day. AEON Credit Service (M) Bhd rose the most, surging 76 sen or 4.87% to RM16.36.
RHB Bank Bhd, Axiata Group Bhd, YTL Corp Bhd and AEON Credit Service (M) Bhd climbed after winning the digital bank licences. YTL Corp climbed the most in percentage amid active trade. At the time of writing on Friday (April 29), it had gained five sen or 8.4% to 64.5 sen after rising to an intraday high of 65.5 sen. The counter, which was the fifth most actively traded stock, saw 51.65 million shares traded.
KUALA LUMPUR: Bank Negara Malaysia governor Tan Sri Nor Shamsiah Mohd Yunus in an exclusive interview with Bernama shares pertinent points and explanation on the ringgit amid its recent developments.
PETALING JAYA: Despite a relatively low direct exposure to Russia and Ukraine in terms of trade, the conflict between the two countries will have a global impact that will eventually affect Malaysian trade.
THE government’s move to raise the minimum wage from RM1,200 to RM1,500 with effect from May 1 has been met with resistance as the country transitions to endemicity against a backdrop of nascent economic recovery, global inflation and geopolitical tensions arising from the Russian invasion of Ukraine.