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Market Mover | YTL and YTL Power Stocks Surge on Data Center Investments
Recently, the stocks of YTL and YTL Power have been continuously rising due to investments in data centers and developments in infrastructure in Malaysia.
Malaysia Closing Bell on 08 May | SIMEPLT Was the Top Gainer of FBM KLCI
SIMEPLT was the top gainer, rising 3.13 percent to close at RM 4.620. The top loser was TM, losing 1.44 percent to end at RM 6.170.
Announcement on Google's Investments in Malaysia to Be Made Soon: Tengku Zafrul
The Investment, Trade and Industry Ministry (Miti) has confirmed that an announcement on Google's investment in Malaysia will be made in the near future.
Analysts are optimistic about data center potential Yang Zhongli Electricity is worth RM6.25
Yang Zhongli Electric Power (YTLPOWR, 6742, main board utility stock) showed impressive gains. Like the “Malaysian version of Nvidia,” investment banks set new target prices one after another. Among them, the Malaysian Investment Bank was the most aggressive, offering a target price of RM6.25.
Johor now the largest data centre market in Malaysia, driven by investments from MNCs: report
Resource site Baxtel cites Johor as the largest data centre market in Malaysia now, as multinational corporations (MNCs) with regional presence pour investments into the state, according to a report by Channel News Asia.
Malaysia Closing Bell on 06 May | PBBANK Was the Top Gainer of FBM KLCI
PBBANK was the top gainer, rising 1.94 percent to close at RM 4.200. The top loser was SIME, losing 1.74 percent to end at RM 2.820.
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