Bursa Malaysia Poised For Selective Bargain-hunting Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia is expected to trade with selective bargain-hunting, even in the absence of oversold technical conditions, following three consecutive sessions of mild decline, said an economist. 

Gold Futures Likely To Trade Between US$4,800 And US$4,900 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade at US$4,800-US$4,900 an ounce next week, an economist said.

ART Signals Strong US Investor Confidence In Malaysia - Ambassador

GEORGE TOWN, Feb 6 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States sends a strong signal of long-term economic confidence and is expected to further encourage American investments, particularly in Penang’s semiconductor and manufacturing sectors.

Bursa Malaysia Closes At Intraday High On Late Buying

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.

Trade-in Gold Jewellery On Uptrend, Driving Sales Moving Forward - Tomei

KUALA LUMPUR, Feb 6 (Bernama) -- Tomei Consolidated Bhd foresees that trade-in gold jewellery will experience a continuous uptrend as consumers take the opportunity to renew their jewellery collections for the upcoming festive season, supported by stronger gold prices.

Quantum Motion Expands European Presence With New Spain Office

KUALA LUMPUR, Feb 6 (Bernama) -- Quantum Motion has opened a new office in Spain, establishing a permanent base for quantum system development, integration and deployment in the European Union.

Ringgit Opens Lower As Easing Risks Lift US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened lower against the US dollar on Friday, pressured by external spillovers as receding near-term geopolitical tensions lent support to the greenback.

Japan's Contact Lens Manufacturer Menicon Opens Kulim Plant

KULIM, Feb 5 (Bernama) -- Japanese contact lens manufacturer Menicon Co Ltd has opened its manufacturing plant today, further strengthening Malaysia-Japan strategic bilateral ties.

Haily Group Unit Bags RM48.21 Mln Construction Job In Johor

KUALA LUMPUR, Feb 5 (Bernama) -- Haily Group Bhd’s wholly owned subsidiary Haily Construction Sdn Bhd (Haily Construction) has accepted a letter of award from Gunung Impian Development Sdn Bhd for a construction job worth RM48.21 million in Johor.

Ringgit Eases Vs US Dollar, Mixed Against Other Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close, weighed by renewed strength in the greenback as global markets shifted to a more defensive stance.

Weak Global Sentiment Pulls Bursa Malaysia Lower

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia ended lower today, extending its mild pullback as negative global sentiment weighed on risk appetite, said an economist.

RHB Invests RM1.5 Mln Through #JomBiz To Empower 1,000 MSMEs And Strengthen Growth

KUALA LUMPUR, Feb 5 (Bernama) -- RHB Banking Group is strengthening inclusive micro, small and medium enterprises (MSMEs) growth through its RHB #JomBiz programme, which has supported over 1,000 microentrepreneurs across Malaysia with investments exceeding RM1.5 million since 2022.