Ringgit Among Top Global Currencies, Soars To 4.12 Vs Greenback
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit soared to 4.12 against the US dollar on Friday, emerging as one of the top-performing currencies globally.
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Bursa Malaysia Ends Lower On Profit-taking Amid Mixed Regional Performance
By Karina Imran
KUALA LUMPUR, Sept 27 (Bernama) -- Bursa Malaysia saw another pullback at the close on Friday, largely due to profit-taking in selected heavyweight counters amid a mixed regional performance, said an analyst.
PM Anwar Urges Swift Action In Facing Fierce Regional Competition
KLANG, Sept 27 (Bernama) -- Malaysia must act swiftly in navigating the intensifying regional competition to avoid being left behind, said Prime Minister Datuk Seri Anwar Ibrahim.
Gamuda Up In Early Trade Following Strong FY2024 Results
KUALA LUMPUR, Sept 27 (Bernama) -- Gamuda Bhd shares rose in early Friday trading following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.
CPO Futures Extend Winning Streak
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 26 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher for the seventh consecutive day on Thursday, driven by stronger export performance and declining CPO production, a trader said.
Gamuda Proposes Bonus Issue After Record-breaking RM15 Bln Revenue In FY2024
KUALA LUMPUR, Sept 26 (Bernama) -- Gamuda Bhd has proposed a bonus issue to reward its shareholders following its strong performance in the financial year ended July 31, 2024 (FY2024), with annual revenue rising 63 per cent year-on-year to RM15 billion.
Johor Plantations Issues Its First Sukuk Wakalah Of RM1.35 Bln
KUALA LUMPUR, Sept 26 (Bernama) -- Johor Plantations Group Bhd has successfully issued its inaugural Sukuk Wakalah in aggregate of RM1.35 billion in nominal value from its Sukuk Wakalah Programme.
Bursa Malaysia Ends Marginally Lower On Profit-taking, Bucking Regional Trend
By Karina Imran
KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia closed marginally lower on Thursday on profit-taking after previous strong gains, bucking the regional trend, an analyst said.
YTL Counters Weigh On Bursa Malaysia's Morning Session
By Karina Imran
KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily driven by YTL-related counters, according to an analyst.
Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).
Ringgit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USD
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.
RHB IB Predicts Reduced Petronas Dividend In 2025 Amid Falling Oil Prices
KUALA LUMPUR, Sept 25 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has estimated that the dividend payout from Petroliam Nasional Bhd (Petronas) will be lower than RM32 billion in 2025, attributed to a weaker performance in 2024 amid declining oil prices.