Malaysian Shares Erase Losses Mirroring Positive Regional Performance; Top Glove's Shares Rally 16%

MT Newswires Live

Oct 09

Malaysian shares ended higher on Thursday, erasing yesterday's losses, and mirroring regional gains.

The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 2.17 points to end 0.13% higher at 1,629.67. The day range was between 1,626.67 and 1,632.53.

In corporate news, shares of Top Glove (KLSE:TOPGLOV, SGX:BVA) jumped about 16% on close after it booked an attributable profit to owners of 38.6 million ringgit for the fiscal fourth quarter ended Aug. 31, against an attributable loss of 6.6 million ringgit a year earlier. Earnings per share came in at 0.0048 ringgit compared with a loss per share of 0.0008 ringgit in the comparable period.

Moreover, Top Glove is seeking its shareholders' approval to renew share buyback authority to purchase up to 10% of the issued shares of the company.

Carzo's (KLSE:CARZO) board has decided not to appeal Bursa Malaysia Securities' decision to delist the company. As a result, trading in Carzo's securities will be suspended from Oct. 10, and the company will be delisted on Oct. 15.

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The day range was between 1,626.67 and 1,632.53.</p><p>In corporate news, shares of <a href=\"https://laohu8.com/S/TGLVY\">Top Glove</a> (KLSE:TOPGLOV, SGX:BVA) jumped about 16% on close after it booked an attributable profit to owners of 38.6 million ringgit for the fiscal fourth quarter ended Aug. 31, against an attributable loss of 6.6 million ringgit a year earlier. Earnings per share came in at 0.0048 ringgit compared with a loss per share of 0.0008 ringgit in the comparable period.</p><p>Moreover, <a href=\"https://laohu8.com/S/TPGVF\">Top Glove</a> is seeking its shareholders' approval to renew share buyback authority to purchase up to 10% of the issued shares of the company.</p><p>Carzo's (KLSE:CARZO) board has decided not to appeal Bursa Malaysia Securities' decision to delist the company. As a result, trading in Carzo's securities will be suspended from Oct. 10, and the company will be delisted on Oct. 15.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Malaysian Shares Erase Losses Mirroring Positive Regional Performance; Top Glove's Shares Rally 16%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMalaysian Shares Erase Losses Mirroring Positive Regional Performance; Top Glove's Shares Rally 16%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-10-09 17:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Malaysian shares ended higher on Thursday, erasing yesterday's losses, and mirroring regional gains.</p><p>The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 2.17 points to end 0.13% higher at 1,629.67. The day range was between 1,626.67 and 1,632.53.</p><p>In corporate news, shares of <a href=\"https://laohu8.com/S/TGLVY\">Top Glove</a> (KLSE:TOPGLOV, SGX:BVA) jumped about 16% on close after it booked an attributable profit to owners of 38.6 million ringgit for the fiscal fourth quarter ended Aug. 31, against an attributable loss of 6.6 million ringgit a year earlier. Earnings per share came in at 0.0048 ringgit compared with a loss per share of 0.0008 ringgit in the comparable period.</p><p>Moreover, <a href=\"https://laohu8.com/S/TPGVF\">Top Glove</a> is seeking its shareholders' approval to renew share buyback authority to purchase up to 10% of the issued shares of the company.</p><p>Carzo's (KLSE:CARZO) board has decided not to appeal Bursa Malaysia Securities' decision to delist the company. As a result, trading in Carzo's securities will be suspended from Oct. 10, and the company will be delisted on Oct. 15.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6103","symbol_name":"医疗保健用品","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2574913009","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574913009","pubTimestamp":1760003409,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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