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Bargain Hunting Pushes Bursa Malaysia Higher In Early Trade

By Anas Abu Hassan

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia continued to open on a positive note today on persistent bargain-hunting activities amid mixed cues from Wall Street’s performance overnight, said an analyst. 

Consistent Buying Lifts Bursa Malaysia To End Higher, CI Up 0.67 Pct

By Anas Abu Hassan

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia sustained its bullish momentum to finish on a firm note today, supported by persistent buying interest amid positive sentiment across the board, said an analyst.

Kenanga Revises PCG's FY2025 Profit Forecast Up By 10 Pct, Reflecting Higher Polyolefin Prices

KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.

Southern Cable Secures RM172.57 Mln Contract For Cable Supply In East Malaysia

KUALA LUMPUR, Dec 26 (Bernama) -- Southern Cable Group Bhd's wholly-owned subsidiary, Southern Cable Sdn Bhd, has been awarded a RM172.57 million contract to supply and deliver cables and conductors in East Malaysia.

Bursa Malaysia Maintains Positive Momentum At Midday, CI Up 0.49 Pct

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia maintained its positive momentum to end the morning session higher, supported by continuous bargain-hunting activities, in tandem with the upbeat performance on Wall Street and regional markets.

Bank Islam Surpasses RM4 Bln Green Financing Target, Well Ahead Of 2025 Goal

KUALA LUMPUR, Dec 26 (Bernama) -- Bank Islam Malaysia Bhd (Bank Islam) achieved a significant milestone by surpassing its initial target of RM4 billion in green financing, achieving RM4.8 billion in September 2024, well ahead of its 2025 goal.

Bursa Malaysia Opens Marginally Higher

By Anas Abu Hassan

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia opened marginally higher today, taking a cue from Wall Street’s positive performance prior to Christmas break, said an analyst.  

Ringgit Opens Slightly Higher vs Greenback

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan’s stabilisation after the People’s Bank of China decided against cutting rates earlier this week, a move seen as a positive signal.

Cocoa, Pepper Continue Resilient Performance In 2024, Positive Outlook In 2025

KUALA LUMPUR, Dec 25 (Bernama) -- Cocoa and pepper continued their upward performance in 2024 driven by higher global demand and the government’s support towards the commodity’s growth.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

Nestcon Secures Large Scale Solar Plant Project In Sabah

KUALA LUMPUR, Dec 24 (Bernama) -- Nestcon Bhd’s wholly owned subsidiary, Nestcon Infra Sdn Bhd is set to develop a large-scale solar photovoltaic plant (LSSPV) with 14.99 megawatts of alternating current (MWac) in Bongawan, Kimanis, Sabah.

Steady Buying Pushes FBM KLCI To Close Above 1,600-level

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia maintained its positive momentum to finish higher today and above the key psychological level of 1,600, supported by persistent buying in utilities and industrial blue chips, said an analyst.