Ringgit Closes Little Changed Against US Dollar

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.

Ho! Ho! Ho! Bursa Malaysia Ends Christmas Trading Week On A Roll

By Anas Abu Hassan

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia extended its bullish momentum for the fourth consecutive day on Friday to end the Christmas trading week on a merry note, driven by window-dressing activities and robust growth forecasts, said an analyst.

Rubber Market Supported By China's Positive Economic Outlook

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 27 (Bernama) -- The local rubber market closed mixed on Friday, supported by the performance of its regional peers in response to the positive outlook for China's economy, a dealer said.

Higher Opex Under RP4 To Support TNB's Operational, Maintenance Activities - RHB IB

KUALA LUMPUR, Dec 27 (Bernama) -- RHB Investment Bank Bhd (RHB IB) is positive on Tenaga Nasional Bhd's (TNB) three-year Regulatory Period 4 (RP4) announcement, as the higher allowed operating expenditure (opex) could support the planning and execution of necessary operational and maintenance activities for all of the utility company's electrical infrastructure.

Bursa Malaysia Higher At Midday, CI Up 1.10 Pct

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia ended the morning session on a higher note, driven by continuous buying interest in selected blue-chip stocks amid window dressing activities.

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.