Latest news with #RM2.25
Borneo Post
3 days ago
- Health
- Borneo Post
Sarawak govt contributes RM2.25 mln to expand HIV support services
(from left) Dr Raja Iskandar, Dr Ismuni, Abdul Karim, Jamilah and Jasmin pose for a group photo with the mock cheques for RM2.25 million and RM200,000 contributed by the Sarawak government during the event in Kuching. — Photo by Kentigern Minggu KUCHING (July 20): The Sarawak government has contributed RM2.25 million to support the staffing, operations and expansion of Teratak Kasih Tok Nan (TKTN), a community-based HIV support centre, over the next three years. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg announced that the centre is set to expand to Miri and Bintulu, extending its HIV support network. 'We take the issue of HIV and AIDS seriously. The increasing number of new cases is a concern we monitor closely. There is no room for complacency,' he said in his speech at the Malaysian AIDS Foundation (MAF) Kuching Gala 2025 at a hotel here last night. His speech was delivered by Minister of Tourism, Creative Industry and Performing Arts Dato Sri Abdul Karim Rahman Hamzah. The state government also contributed a further RM200,000 during the gala, bringing the total funds raised at the event to RM3.5 million. This amount includes donations from various corporate donors to support the sustainability and expansion of the TKTN safehouse and outreach model. Abang Johari further reaffirmed the state's support for high-impact initiatives, such as the Differentiated HIV Services for Key Populations (DHSKP), a collaborative effort between the Ministry of Health and its partners. 'By reaching out to key populations with tailored care and outreach, the programme reflects the realities of our state — where geography, diversity, and vulnerability require localised and responsive solutions,' he added. He commended MAF Sarawak for its collaborative approach with the government and private sector partners, including Sunway Group and Yayasan Petronas, in expanding DHSKP services. Abang Johari also highlighted youth as a key focus in the state's HIV response, stressing the need to equip them with knowledge, tools, and safe spaces to make informed decisions, particularly in reducing the risk of sexual transmission and safeguarding their wellbeing. He went on to call for greater collective responsibility in addressing the stigma surrounding HIV. 'For many, it is not the virus itself, but the isolation, shame, and discrimination that cause the deepest pain. This is a burden no one should bear — and it is one we all have a duty to lift,' he said. Abang Johari expressed appreciation to MAF Borneo patron Datin Patinggi Datuk Amar Puan Sri Jamilah Anu for continuing the legacy of the late Pehin Sri Adenan Satem (affectionately known as Tok Nan), who helped to establish the first TKTN facility here nine years ago. Among present were Ministry of Health deputy-director general (Public Health) Dr Ismuni Bohari, MAF trustee Assoc Prof Dr Raja Iskandar Shah Raja Azwa as well as MAF and Malaysian AIDS Council executive director Jasmin Jalil. Abang Johari HIV support centre lead Teratak Kasih Tok Nan
The Star
11-06-2025
- Business
- The Star
FBM KLCI rebounds in early trade on U.S.-China trade optimism
KUALA LUMPUR: The FBM KLCI surged in early Wednesday trade, lifted by optimism over U.S.-China trade talks, as investors awaited further developments. In London, negotiators from Washington and Beijing said they had 'agreed a framework on trade' to present to their leaders, Reuters reported. The FBM KLCI rebounded sharply, climbing 11.58 points, or 0.76%, to 1,528.49 as of 9:18 a.m., after opening 3.91 points higher at 1,520.86. Inter-Pacific Research noted that the key index seems to have found support just above the psychological 1,500 level and is likely to hold steady in the near term. This comes as market participants remain focused on the ongoing U.S.-China trade talks, which are still at a standstill following another round of inconclusive overnight negotiations. Nevertheless, the research house said the FBM KLCI is likely to head higher, as a mild upside bias may persist over the near term, partly supported by optimism that a trade deal between the U.S. and China could be reached. 'At the same time, the selling pressure is also easing somewhat and should allow for more bargain hunting to emerge for now. 'On the upside, there are resistances at the 1,523-1,525 levels and 1,530 points respectively. The supports, meanwhile, are at 1,510 and 1,503 points respectively,' Inter-Pacific said. Meanwhile, Rakuten Trade observed that in the absence of fresh incentives, there has been little appeal for traders to engage with the local bourse, leading to waning interest and subdued trading activity in recent months. 'Even the IPOs were not spared as most registered marginal gains at best. 'For today, we expect the index to hover within the 1,510-1,520 range,' it said. On the local bourse, Nestle jumped 78 sen to RM75.78, PETRONAS Dagangan added 38 sen to RM20.92, United Plantations gained 30 sen to RM21.96 and Allianz rose 26 sen to RM19.38. Country View slid 11 sen to RM2.25, F&N declined eight sen to RM27.72, Carlsberg fell four sen to RM19.68 and Hong Leong Industries lost four sen to RM13.54. Overnight, the S&P 500 climbed 0.55% to end the session at 6,038.81 points. The Nasdaq gained 0.63% to 19,714.99 points, while the Dow Jones Industrial Average rose 0.25% to 42,866.87 points.
Malay Mail
02-05-2025
- Business
- Malay Mail
Bursa Malaysia ends on a high note, with telecommunications and property stocks driving late rally
KUALA LUMPUR, May 2 — Bursa Malaysia recouped earlier losses with the key index closing at its intraday high on Friday, in tandem with the positive regional market performance and late buying in telecommunications, construction, property, and data centre-related stocks. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.27 points, or 0.15 per cent, to 1,542.49 from Wednesday's close of 1,540.22. The exchange was closed on Thursday for the Labour Day holiday. The market bellwether opened 2.80 points lower at 1,537.42 and subsequently slid to a low of 1,532.23 in early trade before crawling back up to its intraday high at closing. Market breadth was positive with 744 gainers thumping 311 decliners, while 449 counters were unchanged, 840 untraded, and 20 suspended. Turnover improved to 2.73 billion units valued at RM2.46 billion against Wednesday's 2.56 billion units valued at RM2.25 billion. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the key regional indices edged higher after China signalled it is evaluating potential trade talks with the US. 'This development helped lift market sentiment and attracted foreign funds into the region. 'China's Commerce Ministry stated that the US had recently expressed interest in resuming discussions and China is currently assessing the proposal,' he told Bernama. On the domestic front, Thong remains optimistic about the easing trade tensions between the world's two largest economies, although he remains cautious pending the outcome of ongoing discussions. Among the heavyweights, Sunway Bhd added 24 sen to RM4.79, IHH Healthcare rose 13 sen to RM7.05, Gamuda garnered 16 sen to RM4.40, IOI Corp climbed six sen to RM3.72, and CelcomDigi perked up three sen to RM3.85. As for the active stocks, market debutant Reach Ten and Tanco climbed two sen each to 54 sen and 88 sen respectively, Nationgate rose 16 sen to RM1.52, Jaks Resources improved 2.5 sen to 12 sen, and Avangaad was flat at 27.5 sen. — Bernama
Malay Mail
30-04-2025
- Business
- Malay Mail
Bursa bounces back as market rebounds on foreign inflows and easing trade fears
KUALA LUMPUR, April 30 — Bursa Malaysia bounced back from yesterday's losses to close on a firmer footing today, with the key index gaining 1.63 per cent, buoyed by bargain hunting, renewed foreign fund inflows, and signs of easing trade-related anxieties. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 24.66 points to 1,540.22 from yesterday's close of 1,515.56. The market bellwether opened 2.51 points higher at 1,518.07, marking its intraday low, and climbed to its intraday high at closing. On the broader market, market breadth was positive with 454 gainers outpacing 347 decliners, while 475 counters were unchanged, 1,143 untraded, and 96 suspended. Turnover slid to 2.56 billion units valued at RM2.25 billion against yesterday's 3.04 billion units valued at RM1.81 billion. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the local market displayed resilience, underpinned by the influx of foreign capital and shifting sentiment. 'Notably, US President Donald Trump's tariff 2025 announcement, which initially drove the composite index to a 20-month low of 1,400.59 on April 9, ultimately proved to be a boon in disguise. 'A sectoral symphony unfolded post-tariff, with export-oriented and consumer discretionary stocks harmonising to drive gains. This dynamic emerged as investors rotated into undervalued segments of the market, positioning ahead of potential trade normalisation,' he told Bernama. Besides, he said encouraging geopolitical developments further stabilised sentiment, with Trump's executive order to moderate proposed auto tariffs and ongoing US–South Korea talks reportedly nearing a preliminary 'agreement of understanding'. Meanwhile, Australia's pre-election push for tariff clarity underscored the global reverberations of US trade policy. Mohd Sedek opined that with trade tensions potentially easing, Malaysia's export-heavy sectors may benefit from improved prospects. 'April's journey from sharp declines to a remarkable recovery demonstrates the market's adaptability in the face of volatility. Investors will now focus on the technology and export sectors as key areas for growth in May,' he added. Among the heavyweights, Petronas Chemicals gained 20 sen to RM3.67, Press Metal Aluminium added 11 sen to RM4.90, CIMB put on 10 sen to RM7.12, Petronas Gas rose 68 sen to RM17.50, and Axiata perked up six sen to RM2.10. As for the actives, Nationgate Holdings rose eight sen to RM1.36, RichTech was up three sen to 31 sen, Velesto and WTEC Group rose by half-a-sen each to 15.5 sen and 24 sen respectively, while Tanco Holdings dipped two sen to 86 sen. On the index board, the FBM Emas Index advanced 133.37 points to 11,407.78, the FBMT 100 Index increased 139.48 points to 11,184.44, the FBM Emas Shariah Index jumped 156.56 points to 11,274.29, the FBM 70 Index garnered 40.39 points to 15,945.37, and the FBM ACE Index climbed 10.56 points to 4,628.66. Sector-wise, the Financial Services Index soared 134.50 points to 18,234.61, the Industrial Products and Services Index firmed 2.56 points to 151.48, the Energy Index gained 10.18 points to 688.14, and the Plantation Index leapt 95.07 points to 7,257.42. The Main Market volume rose to 1.33 billion units worth RM2.04 billion against Tuesday's 1.26 billion units worth RM1.57 billion. Warrants turnover slipped to 814.34 billion units valued at RM91.56 million from 1.46 billion units valued at RM140.98 million previously. The ACE Market volume swelled to 417.40 million units worth RM113.82 million compared to 322.42 million units worth RM98.94 million yesterday. Consumer products and services counters accounted for 204.95 million shares traded on the Main Market, industrial products and services (197.39 million), construction (101.33 million), technology (174.53 million), SPAC (nil), financial services (90.53 million), property (164.26 million), plantation (19.04 million), REITs (23.11 million), closed/fund (232,800), energy (175.11 million), healthcare (47.06 million), telecommunications and media (42.22 million), transportation and logistics (32.98 million), utilities (61.37 million), and business trusts (169,200). — Bernama
Barnama
30-04-2025
- Business
- Barnama
Bursa Malaysia Roars Back, CI Jumps 1.63 Pct On Bargain Hunting, Foreign Funds
By Zufazlin Baharuddin KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia bounced back from yesterday's losses to close on a firmer footing today, with the key index gaining 1.63 per cent, buoyed by bargain hunting, renewed foreign fund inflows, and signs of easing trade-related anxieties. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 24.66 points to 1,540.22 from yesterday's close of 1,515.56. The market bellwether opened 2.51 points higher at 1,518.07, marking its intraday low, and climbed to its intraday high at closing. On the broader market, market breadth was positive with 454 gainers outpacing 347 decliners, while 475 counters were unchanged, 1,143 untraded, and 96 suspended. Turnover slid to 2.56 billion units valued at RM2.25 billion against yesterday's 3.04 billion units valued at RM1.81 billion. UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the local market displayed resilience, underpinned by the influx of foreign capital and shifting sentiment. 'Notably, US President Donald Trump's tariff 2025 announcement, which initially drove the composite index to a 20-month low of 1,400.59 on April 9, ultimately proved to be a boon in disguise. 'A sectoral symphony unfolded post-tariff, with export-oriented and consumer discretionary stocks harmonising to drive gains. This dynamic emerged as investors rotated into undervalued segments of the market, positioning ahead of potential trade normalisation,' he told Bernama.
