XL's acquisition aligns with their long-term strategy, expected to bolster earnings and earnings per share. The board envisages sustainable value for shareholders from this investment in the medium and long term.

Good morning mooers! Here are things you need to know about today's market:
●US stocks hit highest level since August amid OpenAI drama
●Malaysia's exports remain soft in Oct, in line with key trading partners
●Bursa Malaysia's net foreign inflow continues for third consecutive week
●CPE Technology plans to raise RM179.5mil from IPO
●Stocks to watch: Petronas Gas, Mr DIY, MyEG
-moomoo News MY
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