Bursa Malaysia Opens Higher On Wall Street Cues
By Rosemarie Khoo
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher today, taking cues from the firmer closing on Wall Street last Friday, analysts said.
| LATEST NEWS | The Ministry of Communications will submit a proposal to the Cabinet for additional assistance to event organisers following the extension of Visit Malaysia 2026 - Fahmi | Visit Malaysia 2026: DBKL to lower security deposit rates for concerts, stage performances, and cultural activities - Hannah | Govt is focusing on policy adjustments, managing cost pressures, and ensuring supply including basic necessities in tackling the global supply crisis -- Akmal Nasrullah | At 6 pm, the ringgit firmed to 3.9490/9530 against the US dollar from 3.9515/9555 on Monday. | 70 pct of blending depots in Malaysia are ready to implement B15 biodiesel using existing facilities -- Akmal Nasrullah | |
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Banking Industry Seeks Well-balanced Strategic Initiatives In Budget 2025 - RHB
KUALA LUMPUR, Oct 13 (Bernama) -- RHB Banking Group has expressed optimism about Budget 2025, expecting it to deliver well-balanced strategic initiatives that address both immediate economic needs and lay a strong foundation for future growth.
Bursa Malaysia Likely To Trade On Cautious Mode Amid Budget 2025 Tabling Next Week
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 12 (Bernama) -- Bursa Malaysia is expected to trade with caution within the 1,630-1,650 range next week with the tabling of Budget 2025 on Oct 18, said an analyst.
Former Maybank CEO Amirsham Is Alliance Bank's New Chairman
KUALA LUMPUR, OCT 11 (Bernama) -- Alliance Bank Malaysia Bhd has appointed Tan Sri Amirsham Abdul Aziz as its new chairman.
Bursa Malaysia Closes Lower On Weaker US Data
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.
Bursa Malaysia Ends Morning Session Lower
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.
FBM KLCI Opens Lower But Market Breadth Stays Positive
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia’s barometer index opened lower, in line with Wall Street’s weaker performance, as traders reacted negatively to September’s United States consumer price index figure, which came in higher than anticipated, said an analyst.
Public Bank To Acquire 44.15 Pct In LPI Capital For RM1.72 Bln Cash
KUALA LUMPUR, Oct 10 (Bernama) -- Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash or RM9.80 per share.
Teh Family To Reduce Public Bank Stake To 10 Pct Over Five Years
KUALA LUMPUR, Oct 10 -- The estate of the late Tan Sri Teh Hong Piow and Consolidated Teh Holdings Sdn Bhd will reduce their stake in Public Bank Bhd to 10 per cent over five years from the current 23.4 per cent.
Public Bank, LPI Capital Shares To Resume Trading On Friday
KUALA LUMPUR, Oct 10 (Bernama) -- Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.
Bursa Malaysia Ends Higher On Bargain Hunting
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia managed to maintain its upbeat momentum to end higher today as bargain hunting emerged following the recent sell-off, an analyst said.
Bursa Malaysia Stays Higher At Midafternoon
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia stayed higher at midafternoon with bargain hunting in select heavyweight stocks and mild selling in lower liners and smaller caps.