Maxis Bhd (6012.KL) traded up 0.28 % during a 24 hours period ending at 10:53 PM Central Europe on Monday 26th. One Maxis Bhd stock can currently be bought for about MYR 3.58 on popular exchanges. Current supply of Maxis Bhd stocks is 7.8 bn. Maxis Bhd has a current market capitalization of MYR 27.8 bn and approximately MYR 3.1 mn worth of Maxis Bhd was traded on exchanges in the last 24 hours. Since last month end, Maxis Bhd has traded -1.39 % down. Simple moving average of last 200 days is at MYR 3.63. The highest price of past 52 weeks was recorded at MYR 4.36 on 10/25/2026. 52 weeks low was at MYR 3.22 on 10/25/2026.
Summary of the latest news for Maxis Bhd
Maxis Bhd is poised to receive a modest uplift to its fibre business following a proposal to acquire the broadband unit of Astro Malaysia Holdings. Analysts anticipate that the deal could expand Maxis’s fibre customer base by roughly a fifth, strengthening its standing in the fixed‑bandwidth market while adding recurring revenue. The transaction is expected to be capital‑light, with Maxis planning to finance the purchase through internal funds and Astro anticipating a net gain from divesting a non‑core asset. Market reaction has been cautious; shares edged higher after a period of decline, and analysts have issued a mix of hold and buy recommendations. The acquisition is still subject to regulatory and shareholder approvals, with a final settlement contingent on the number of customers transferred. The overall outlook remains neutral, with expectations of a modest earnings contribution in the near term.
Here is how related stocks have performed in the past 24 hours:
Rhb Bank Bhd (1066.KL) traded down -0.95 % and now trades at MYR 7.35. Rhb Bank Bhd has a market capitalisation of MYR 32 bn. Rhb Bank Bhd has a current price to earnings ratio of 9.22.
Gamuda Bhd (5398.KL) traded up 0.41 % and now trades at MYR 4.88. Gamuda Bhd has a market capitalisation of MYR 29 bn. Current price/earnings ratio for Gamuda Bhd is 27.57.
Celcomdigi Bhd (6947.KL) traded down -2.4 % and now trades at MYR 2.47. Current market capitalisation for Celcomdigi Bhd is MYR 28.6 bn. Celcomdigi Bhd has a current price to earnings ratio of 18.93. CelcomDigi Bhd announced that its wholly‑owned subsidiary, CelcomDigi Telecommunications Sdn Bhd, has submitted a proposal to the Securities Commission Malaysia for an Islamic medium‑term notes program, indicating the company’s intent to raise additional capital through sukuk issuance. The move reflects CelcomDigi’s strategy to support its network expansion and growth initiatives, while adhering to Sharia‑compliant financing structures. The announcement was highlighted in a recent trading‑ideas briefing, underscoring the company’s continued focus on strengthening its financial position and capital base to meet evolving market demands.
Ioi Bhd (1961.KL) traded flat 0 % and now trades at MYR 4.47. Current market capitalisation for Ioi Bhd is MYR 28.2 bn. Ioi Bhd has a current price to earnings ratio of 16.62. IOI Corp Bhd remains a neutral pick among Malaysian plantation stocks, according to a recent assessment by Public Investment Bank. The firm’s outlook reflects modest earnings growth and a slight rise in dividend yield, with its forward price‑to‑earnings ratio expected to ease over the next two years. While the sector enjoys investor interest driven by improving production and earnings prospects, IOI’s valuation is considered less attractive than some peers such as Ta Ann Holdings and Genting Plantations, which offer higher projected dividend yields and stronger upside potential. Market sentiment towards IOI remains cautious, with analysts noting that commodity‑price volatility and production costs will continue to influence the company’s performance. Overall, the outlook for IOI Corp is steady, with expectations of incremental earnings gains and a marginal improvement in share‑price valuation.
Telekom Malaysia Bhd (4863.KL) traded up 0.26 % and now trades at MYR 7.82. Current market capitalisation for Telekom Malaysia Bhd is MYR 29.9 bn. Telekom Malaysia Bhd has a current price to earnings ratio of 18.65. Telekom Malaysia Bhd is actively expanding its digital infrastructure, investing in AI‑ready data centres, computing platforms and enterprise solutions. The company’s TM AI Foundry supports the development and commercialization of AI applications, while a joint venture, TM Nxera, is building an AI‑ready campus in Johor to meet the growing demand for advanced digital services. These initiatives align with Malaysia’s broader AI strategy, which is expected to stimulate demand for technology‑related businesses and skilled employment beyond traditional data‑centre operations. The company’s focus on AI infrastructure is part of a regional trend, with other firms and global tech giants expanding cloud and AI facilities across the country, reinforcing the resilience of Malaysia’s office and technology markets amid moderate displacement expectations.