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Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

Petronas Reviewing Operational, Cost Efficiencies Amid Low Oil Price Environment

KUALA LUMPUR, Aug 11 (Bernama) -- Petroliam Nasional Bhd (Petronas) expects the low oil price environment to persist, with prices hovering at around US$64 to US$65 per barrel, said executive vice president and chief executive officer (CEO) of upstream business Mohd Jukris Abdul Wahab. (US$1=RM4.24)

Bursa Opens Higher, Tracking Wall Street's Rally Last Friday

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s rally last Friday, which was led by gains in Apple shares following the announcement of its planned investments in the United States (US). 

Rubber Market Ends Higher On Regional Gains

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market ended higher today supported by an uptrend in regional rubber futures markets, a dealer said.

MOF Expects Malaysia's Economy To Grow Moderately In 2026

KUALA LUMPUR, Aug 8 (Bernama) -- Malaysia’s economy is expected to grow at a moderate pace in 2026 amid heightened global trade uncertainties and subdued external demand, said the Ministry of Finance (MOF).

SD Guthrie FY2025 Earnings Seen Firm, Softer In Second Half - Analysts

KUALA LUMPUR, Aug 8 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects SD Guthrie Bhd’s financial year 2025 (FY2025) earnings to remain robust, although performance in the second half (2H) may ease slightly.

Stronger-than-expected June IPI Signals Solid 2Q GDP Growth -- RHB IB

KUALA LUMPUR, Aug 7 (Bernama) -- June 2025’s stronger-than-expected Industrial Production Index (IPI) points to solid second-quarter gross domestic product (2Q GDP) growth of 4.5 per cent year-on-year (y-o-y), with potential upside towards 4.6 per cent, according to RHB Investment Bank Bhd (RHB IB).

Yinson Completes FPSO Atlanta Loan Buy-out From Brava For US$257.4 Mln

KUALA LUMPUR, Aug 6 (Bernama) -- Yinson Holdings Bhd's unit, Yinson Production, has completed the buy-out of the project loan related to the floating production storage and offloading (FPSO) vessel 'Atlanta' from Brava Energia S.A. for a total cash consideration of approximately US$257.4 million, including accrued interest.

Lotte Chemical Titan Trims 2Q Net Loss To RM173.09 Mln

KUALA LUMPUR, Aug 5 (Bernama) -- Lotte Chemical Titan Holding Bhd (LCT) has narrowed its net loss to RM173.09 million in the second quarter of its financial year ending Dec 31, 2025 (2Q FY2025) from a net loss of RM248.88 million in the same period in FY2024. 

Stronger Buying Interest Lifts Bursa Higher At Midday

KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by stronger buying interest following the 13th Malaysia Plan (13MP) announcement, with market sentiment leaning towards the upcoming United States (US) economic data release. 

REE Set To Boost Negeri Sembilan’s State Revenue From 2027 -- Aminuddin

SEREMBAN, Aug 4 (Bernama) -- The Negeri Sembilan state government expects rare earth elements (REE) to make a major contribution to state revenue starting in 2027, the Negeri Sembilan State Legislative Assembly was told today. 

CIMB Securities Upgrades Westports To Buy On Stronger 2H 2025 Results Projection

KUALA LUMPUR, Aug 4 (Bernama) -- CIMB Securities Sdn Bhd has upgraded Westports Holdings Bhd to “Buy” from “Hold” driven by higher container revenue following Port Klang’s new tariff implementation and higher transhipment volumes on the back of new services.