Malaysia’s corporate landscape saw a mix of fundraising activities, renewable energy expansion, IPO enthusiasm and balance sheet restructuring dominate headlines, reflecting continued investor appetite for growth and defensive sectors despite broader market caution. Tenaga Advances Renewable Energy Push KL: TENAGA strengthened its renewable energy ambitions after its subsidiary issued RM1.05 billion in Asean Green SRI Sukuk to finance a 500MW solar photovoltaic project in Kedah . The issuance highlights increasing institutional support for green financing and reinforces Tenaga’s long-term transition towards cleaner energy infrastructure. Investors may view the move positively as ESG-linked investments continue gaining traction across regional markets. Mr DIY Expands Funding Flexibility KL: MRDIY raised RM540 million via its maiden bond issuance , with proceeds earmarked for refinancing, working capital and expansion plans. The ...
It has been a rather frustrating week for Bursa Malaysia...the negative sentiments of the lower oil prices, weaker Ringgit has been very bad for FBM KLCI.
It was a great relief as the benchmark open with a slight drop.
The rebound is most likely due to the oversold in previous days.
Of course, many are still wary of the market and predict that the downtrend might continue with the oil price continued to be under pressure.
It is also important to take note of the weaker ringgit against the USD, at 3.4698.
On the other hand, most of the Asian counters rose slightly. China’s Shanghai Composite gained 1.32% while Hong Kong’s Hang Seng Index advanced 0.71%.
Here are the top gainers and top losers:
But there was some improvement today as the stock market close at 1749.37 points (+3.68 points/0.21% higher).
It was a great relief as the benchmark open with a slight drop.
The rebound is most likely due to the oversold in previous days.
Of course, many are still wary of the market and predict that the downtrend might continue with the oil price continued to be under pressure.
It is also important to take note of the weaker ringgit against the USD, at 3.4698.
On the other hand, most of the Asian counters rose slightly. China’s Shanghai Composite gained 1.32% while Hong Kong’s Hang Seng Index advanced 0.71%.
Here are the top gainers and top losers:
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| Top Gainers |
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| Top Losers |
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