Corporate News
Drb‑hicom Bhd (ticker 1619.KL) closed at MYR 0.80 on Tuesday 20 October 2026, representing a decline of 1.23 % from the previous trading session. The share price ended the day at 05:29 PM Central Europe.
Key figures for the company are:
- Shares outstanding: 1.9 billion
- Market capitalization: MYR 1.6 billion
- Volume traded in the last 24 hours: MYR 1.3 million
- Simple moving average (200 days): MYR 1.06
- 52‑week high: MYR 1.35 (19 Oct 2026)
- 52‑week low: MYR 0.81 (19 Oct 2026)
Since the close of the previous month, the stock has fallen by 15.71 %.
Performance of Related Stocks (24‑Hour Period)
| Company | Ticker | 24‑Hour Change | Current Price (MYR) | Market Capitalization (MYR) | P/E Ratio |
|---|---|---|---|---|---|
| Velesto Energy | 5243.KL | +2.44 % | 0.20 | 1.7 billion | 13.61 |
| Sports Toto | 1562.KL | –0.78 % | 1.27 | 1.7 billion | 9.16 |
| Hibiscus Petroleum | 5199.KL | +0.87 % | 2.37 | 1.7 billion | 4.71 |
| Hap Seng Plantations | 5138.KL | +0.88 % | 2.32 | 1.8 billion | 13.88 |
| Dutch Lady Milk Inds | 3026.KL | –0.55 % | 28.32 | 1.8 billion | 14.97 |
Velesto Energy Bhd reported a modest contribution to the broader portfolio movements on 19 October 2026, as part of a listing announcement that included several Malaysian firms. The disclosure highlighted the fund’s structure and its inclusion in the FTSE Bursa EMAS Shariah Factor Enhanced Target Dividend Index, without specific price action data beyond the general movement noted.
Hibiscus Petroleum Bhd added eight sen to its closing price during early Kuala Lumpur trading. The gain mirrored a slight upside in the energy sector, while several financial names slipped. Market participants remained cautious due to global volatility, rising oil prices, and forthcoming U.S. monetary policy decisions. Domestic economic data, including recent GDP growth, were also under scrutiny.
The overall market opened lower, with a greater number of decliners than advancers. The energy index registered a small rise as part of the day’s activity.
