Day: August 28, 2024

KUALA LUMPUR, Bursa Malaysia surpassed 1,660 level in early trade, with the benchmark index gaining 0.79 per cent, opening at a fresh 44-month high today, bolstered by continued buying in financial services counters. At 9.05 am, the FTSE Bursa Malaysia KLCI (KLCI) rose 13.17 points to 1,665.46 from Tuesday’s close of 1,652.29. The local market bucked the weaker regional trend on Wednesday morning amid modest gains on Wall Street overnight. The index broke the previous 44-month high recorded on Dec 14, 2020 where it closed at 1,662.74. The index opened 5.48 points higher at 1,657.77. The broader market was positive

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives were firmer this morning, tracking the underlying cash market’s positive performance. At 9.45 am, August 2024 increased 19.5 points to 1,673.5, September 2024 and December 2024 rose 19 points each to 1,653.0 and 1,658.5 respectively, while March 2024 jumped 20 points to 1,646.0. Turnover stood at 22,067 lots, with open interest at 73,313 contracts. At 10 am, the FBM KLCI was 14.65 points higher at 1,666.94 compared to Tuesday’s close of 1,652.29. Source: BERNAMA News Agency

RICHARDSON, Texas, Mavenir, the cloud-native network infrastructure provider building the future of networks, and Whitestack, an open source-based developer of Telco Cloud solutions, today announce successful completion of a technology alignment that enables Mavenir’s Cloud-Native IMS solution to be seamlessly integrated into Whitestack’s Telco Cloud platform – demonstrating Mavenir’s pivotal expertise in facilitating cloud-native deployments. The collaboration was initiated as part of a deployment with a leading Tier 1 operator in Latin America and harnesses the power and performance capabilities of the Intel Xeon processor and Intel Ethernet technology. Empowering mobile operators to deploy telco workloads on its cloud solutions

OSAKA, Japan, Gunze Limited (Headquarters: Osaka, Japan, President: Toshiyasu Saguchi) [TOKYO:3002] is pleased to announce that the renewal of its ultra-thin and tough blown film, Purewrap, specifically designed for food products requiring transportation in frozen environments. The company introduced two new types, FS35NB and FS40NB, which are compatible for boiling applications. These innovative additions retain the ultra-thin and tough characteristics that have defined the series to date, making them more convenient for use in central kitchens and other food processing facilities. They also contribute to environmental sustainability by reducing the use of plastic by approximately 50%. About product launch The

IPOH, A teenager was injured after the motorcycle he was riding was struck by a falling tree on Jalan Ban Pisang, Tebuk Panchor, Bagan Serai, late last night. Perak Fire and Rescue Department assistant director of operations, Sabarodzi Nor Ahmad, said they were alerted to the incident at 11.55 pm, and a team from the Bagan Serai station arrived at the scene about half an hour later. “It is understood that the victim was on his way to Bukit Merah when a tree fell across the road and struck him. “The 18-year-old victim, who sustained head and back injuries, was