Malaysian Shares Erase Gains to End in Red; George Kent (Malaysia)'s Shares Drop 3%

MT Newswires Live

Yesterday

Malaysian shares ended in the red on Thursday as investors remained cautious amid the US-Iran conflict and major unrest in the Middle East.

The FTSE Bursa Malaysia KLCI shed 5.79 points to end 0.3% lower at 1,710.89. The day range was between 1,710.89 and 1,719.89.

In corporate news, shares of the engineering company George Kent (Malaysia) (KLSE:GKENT) fell over 3% on close today after it announced the redemption of 132 million ringgit in Sukuk issued under its Sukuk Wakalah Program, in line with the scheduled maturity date.

Shares of ICT Zone Asia (KLSE:ICTZONE) slid about 3% on Thursday's close even after its unit ICT Zone bagged a 24.5 million ringgit purchase order for the supply of ICT hardware.

Meanwhile, shares of Aemulus (KLSE:AEMULUS) rose 3% on close after its unit Aemulus bagged a $2.7 million deal from a leading Indian semiconductor and electronic assembly provider specializing in the CMOS Image Sensor (CIS) market.

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The day range was between 1,710.89 and 1,719.89.</p><p>In corporate news, shares of the engineering company George Kent (Malaysia) (KLSE:GKENT) fell over 3% on close today after it announced the redemption of 132 million ringgit in Sukuk issued under its Sukuk Wakalah Program, in line with the scheduled maturity date.</p><p>Shares of ICT Zone Asia (KLSE:ICTZONE) slid about 3% on Thursday's close even after its unit ICT Zone bagged a 24.5 million ringgit purchase order for the supply of ICT hardware.</p><p>Meanwhile, shares of Aemulus (KLSE:AEMULUS) rose 3% on close after its unit Aemulus bagged a $2.7 million deal from a leading Indian semiconductor and electronic assembly provider specializing in the CMOS Image Sensor (CIS) market.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMAT","symbol_name":"Meta Materials Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2622855816","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622855816","pubTimestamp":1774518670,"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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