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Day: September 17, 2024

FBM KLCI Futures End Higher In Line With Cash Market

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today in line with the performance of the underlying cash market. Spot month September 2024 and October 2024 both gained 14.5 points to 1,662.0 and 1,664.5, respectively, December 2024 advanced 16.0 points to 1,670.0, while March 2025 rose 15.5 points to 1,656.5. Turnover increased to 8,651 lots from 7,082 lots last Friday, while open interest fell to 51,615 contracts from 52,194 contracts previously. At 5 pm, the FBM KLCI jumped 12.13 points, or 0.73 per cent, to 1,664.28 from last Friday’s close of

Para SUKMA: Kelantan Hoping For Favourable Gold Medal Harvest From Athletics And Weightlifting

KOTA BHARU, The Kelantan Para SUKMA contingent will be focusing on sports like athletics and weightlifting to contribute gold medals during the Para Malaysia Games (Para SUKMA) Sarawak 2024 which will start on Sunday. State Youth, Sports, Non-Governmental Organization (NGO) and Community Unity exco Zamakshari Muhamad said that the state has set a target of 17 gold medals for the contingent that will participate in 10 sports with athletics the leading hopeful with a target of (10 gold), weightlifting (four), one gold each in chess, boccia and table tennis. ‘A total of 47 athletes will start the mission with our

Gamuda May Replace Genting Malaysia In List Of FBM KLCI Constituent Stocks — MIDF Amanah

KUALA LUMPUR, Gamuda Bhd may replace Genting Malaysia Bhd on the FTSE Bursa Malaysia KLCI (FBM KLCI) constituent stocks list on Dec 23, 2024, according to MIDF Amanah Investment Bank Bhd. The investment bank noted that after two years (five consecutive semi-annual reviews) on the FBM KLCI reserve list, ‘it seems likely that Gamuda will be elevated to the barometer index.’ ‘Since the June 24 review, its share price had risen by 19 per cent to RM7.59 as of Sept 13, 2024, ranking 24th based on market capitalisation. As long as it remains at the 25th spot and above by

Nanta: Works Ministry Holds Discussion With Salik Company On Use Of MLFF Toll System

KUALA LUMPUR, Works Minister Datuk Alexander Nanta Linggi held a meeting and discussion with the top management of Salik Company PJSC (Salik) and reviewed the implementation of the Multi-Lane Free Flow (MLFF) electronic toll system at one of the toll gantries in Dubai, the United Arab Emirates (UAE) today. Nanta, through a post uploaded on Facebook, said discussions were held with Salik, which had implemented the MLFF electronic toll system since July 1, 2007 using RFID technology, to share experience in terms of operation, enforcement and use of the technology. ‘One of the Intelligent Transport System (ITS) initiatives being studied

Flood Worsens In Kedah; Over 600 Evacuated

JITRA, The number of flood victims in Kedah increased significantly, with 675 people evacuated to nine temporary evacuation centres (PPS) after floodwaters inundated their homes as of 5pm today. Kedah Social Welfare Department (JKM) director Datuk Zulkhairi Zainol Abidin said the victims comprised 159 families from four districts in Kubang Pasu, Pendang, Kulim and Pokok Sena. “Pokok Sena was the worst affected, with 255 victims from 63 families evacuated to two PPS, namely Sekolah Kebangsaan (SK) Bukit Hijau and Maahad Tarbiyah Islamiyah Derang. “Pendang district recorded 187 victims from 20 families who were evacuated to Dewan Kompleks Rakan Sukan Tanah