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Bursa Malaysia Ends Morning Session Higher, Lifted By Blue Chips

By Zarul Effendi Razali

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia ended the morning session higher as investors bought select heavyweight stocks, led by the industrial products and services, as well as financial services counters, amid cautious sentiment in regional markets, said an analyst.

Bursa Malaysia Opens Higher On Heavyweight Buying

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened higher on Thursday, rebounding from yesterday’s losses on renewed buying in selected heavyweights, though sentiment remained cautious over the global economic outlook, a dealer said.

Impact Of US Market Restrictions On Malaysian Palm Oil Expected To Be Minimal

 KUALA LUMPUR, Aug 20 (Bernama) -- The Ministry of Plantation and Commodities (KPK) expects the direct impact of the United States (US) market restrictions on the Malaysian palm oil industry to be minimal.

AmBank Targets Loan Growth In Line With Industry, Aims FY2026 Net Profit To Exceed RM2 Bln

KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank) expects its loan growth to keep pace with the industry at around 4 per cent this year, driven mainly by business banking and wholesale segments, while retail loans are expected to remain flat.

Merdeka Sales Set To Drive Malaysia's Automotive TIV Growth For August 2025

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) for August 2025 is expected to be stronger than July 2025, driven by aggressive Merdeka celebration sales.

Bursa Malaysia Opens Slightly Lower

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened slightly lower today due to mild profit taking in selected heavyweights after recent gains, amid weaker sentiments on the global economic outlook, a dealer said.

Ringgit Opens Flat Against US Dollar On Cautious Sentiment 

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened flat against the US dollar on Wednesday, amid cautious market sentiments ahead of the United States (US) Federal Reserve (Fed) chair, Jerome Powell's Jackson Hole speech this Friday.

MPOC Expects CPO Prices To Hold Above RM4,300 Per Tonne In Near Term

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) prices are expected to hold above RM4,300 per tonne in the near term despite price fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Exports To Key Markets To Sustain Growth Supported By E&E Demand -- MBSB IB

KUALA LUMPUR, Aug 19 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects exports to key markets to record sustained growth going forward, supported by steady demand for electrical and electronics (E&E) products despite tariff challenges. 

 

Bursa Malaysia Extends Gains, Opens Higher

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia opened higher today, extending yesterday’s gains, supported by continued buying interest in selected heavyweights amid cautious sentiments on the global economic outlook, a dealer said.

Expanded SST Designed To Be Progressive, Fairer -- Amir Hamzah

KUALA LUMPUR, Aug 18 (Bernama) -- The government made the decision to maintain the Sales and Service Tax (SST) with an expanded scope after considering both SST and the Goods and Services Tax (GST), according to Finance Minister II Datuk Seri Amir Hamzah Azizan.

AMMB Net Profit Rises To RM516 Mln In 1Q 2025

KUALA LUMPUR, Aug 18 (Bernama) -- AMMB Holdings Bhd's net profit rose to RM516.18 million in the first quarter ended June 30, 2025 from RM500.20 million in the same period a year ago.