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 ...
The Malaysian stock market ended in the red on Friday, Dec 20, 2024, with major indices closing lower.
Key Index Performance
- FBM KLCI: 1591.410 (-0.54%)
- FBM 70: 18377.470 (-0.31%)
- FBM SCAP: 17503.590 (-0.06%)
- FBM Emas: 12222.940 (-0.44%)
FBM KLCI Movers
- Top Gainer:
- PPB (4065.MY): +2.19% to close at RM12.140.
- Top Loser:
- PETDAG (5681.MY): -4.23% to end at RM19.020.
FBM 70 Movers
- Top Gainer:
- HEXTECH (5136.MY): +6.54% to close at RM1.140.
- Top Loser:
- TOPGLOV (7113.MY): -5.71% to close at RM1.320.
Malaysia REITs Movers
- Top Gainer:
- IGBREIT (5227.MY): +3.81% to close at RM2.180.
- Top Loser:
- AXREIT (5106.MY): -1.14% to close at RM1.730.
Most Actively Traded Stock
- YTL (4677.MY):
- Gained 1.18% to close at RM2.580.
- Recorded a turnover of RM323.26 million.
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