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Serba Dinamik, Aeon Credit, Paramount, Star Media, RCE Capital, Mah Sing, AZRB, Cheetah, Nestcon, AE Multi, Green Ocean, BHIC, SCIB, MAG, Kronologi Asia and Cypark

KUALA LUMPUR (June 30): Based on corporate announcements and news flow today, companies in focus tomorrow (Thursday, July 1) may include: Serba Dinamik Holdings Bhd, Aeon Credit Service (M) Bhd, Paramount Corp Bhd, Star Media Group Bhd, RCE Capital Bhd, Mah Sing Group Bhd, Ahmad Zaki Resources Bhd (AZRB), Cheetah Holdings Bhd, Nestcon Bhd, AE Multi Holdings Bhd, Green Ocean Corp Bhd, Boustead Heavy Industries Corp Bhd (BHIC), Sarawak Consolidated Industries Bhd (SCIB), MAG Holdings Bhd, Kronologi Asia Bhd and Cypark Resources Bhd. The Employees Provident Fund (EPF) has ceased to be a substantial shareholder in Serba Dinamik Holdings Bhd, after selling another 96 million shares or 2.57% in the oil and gas services group in the open market on June 25. In a related development, Serba Dinamik’s largest shareholder and group CEO Datuk Mohd Abdul Karim Abdullah sold 46.3 million shares or 1.2% in the group on June 28, citing force-selling as reason for the disposal. Similarly, co-fou

Bursa Malaysia lower at midday

Fintec Global and Green Ocean ink biodiesel product supply agreement

FBM KLCI tracks regional markets to end lower as sentiment weighed by bond yield rise

KUALA LUMPUR (March 4): The FBM KLCI closed down 7.19 points or 0.45% today tracking the negative performance of Asian equities after an overnight surge in bond yields again dragged shares on Wall Street. At 5pm, the benchmark index closed at 1,581.26 points. Today, the index had mostly traded in negative territory, ranging between 1,577.39 and 1,590.46 compared with yesterday’s closing of 1,588.45. Malacca Securities Sdn Bhd senior analyst Kenneth Leong told theedgemarkets.com the weakness in the local bourse performance today was in line with regional markets after Wall Street dropped yesterday due to rising Treasury yield. The rising yield has sparked investors concerns that this may prompt central banks to raise ultra-low interest rates, which is bad for the equity market.

KLCI opens lower on final trading day of year

Bursa Malaysia entered the final trading day of 2020 lower due to a lack of buying momentum.