1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- Trading of gold futures contracts on Bursa Malaysia Derivatives is likely to oscillate between US$2,640 and US$2,700 per troy ounce next week, said an analyst.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) --The ringgit extended its loss to close lower against the US dollar on Friday as robust US jobs data held the greenback at a near two-year high.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- The ringgit weakened against the US dollar at today's opening, continuing its downtrend due to higher demand pressure for the greenback.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- AmInvestment Bank Bhd projects that mandatory Employees Provident Fund (EPF) contributions for non-citizen employees could channel up to RM1.7 billion in additional annual inflows into Malaysia’s domestic equity market.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Malaysia's economic growth is expected to moderate to 4.9 per cent in 2025, slightly above the official target range of 4.5 per cent to 5.5 per cent, taking into account the impact of domestic policies and external challenges, said KSI Strategic Institute for Asia Pacific (KSI).
1y ago
By Nurul Jannah Kamaruddin and Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 1 (Bernama) -- Building on its strong economic performance in 2024, Malaysia is poised to maintain its growth momentum into 2025, with the gross domestic product (GDP) projected to expand by up to 6.0 per cent, said an economist.
1y ago
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- Rising electricity costs and corporate requirements to report energy-saving initiatives are set to accelerate solar adoption in 2025, driving solar engineering, procurement, construction and commissioning (EPCC) players' order books to all-time highs.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance on Friday.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.