Kenanga IB Foresees FBM KLCI To Hit 1,840 Mark This Year
KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year.
| LATEST NEWS | IJM probe: MACC currently exchanging information with UK Serious Fraud Office - Azam Baki | |
KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year.
By K. Naveen Prabu
KUALA LUMPUR, Feb 9 (Bernama) -- Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2025 (4Q 2025) is expected to exceed the the year-earlier level, signalling stronger underlying momentum and lower downside risks heading into 2026, according to economists
By Karina Imran
KUALA LUMPUR, Feb 9 (Bernama) -- Bursa Malaysia opened higher on Monday, following gains on Wall Street and across major Asian markets, as indices rebounded sharply after last week’s sell-off, an analyst said.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Monday, as mixed global sentiment capped gains while investors assessed political developments and major currency moves.
KUALA LUMPUR, Feb 6 (Bernama) -- UDA Holdings Bhd is optimistic that the outlook for the domestic property market will remain resilient, with more targeted growth in 2026, driven by various key initiatives implemented by the government to stimulate property ownership and maintain domestic market stability.
KUALA LUMPUR, Feb 6 (Bernama) -- WCT Holdings Bhd plans to establish an Islamic notes issuance programme with an aggregate nominal value of up to RM5 billion, comprising senior Islamic medium-term notes and/or subordinated perpetual Islamic notes based on the Shariah principle of Wakalah Bi Al-Istithmar.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 6 (Bernama) — Indian Prime Minister Narendra Modi’s visit to Malaysia tomorrow is expected to strengthen Malaysia-India ties further, following the elevation of bilateral relations to a Comprehensive Strategic Partnership (CSP) in 2024, particularly in trade and economic cooperation across multiple sectors, analysts said.
GEORGE TOWN, Feb 5 (Bernama) -- Penang’s long-standing economic partnership with China continues to play a pivotal role in strengthening the state’s industrial ecosystem, with Chinese investments reaching nearly RM16 billion over the past decade.
KUALA LUMPUR, Feb 5 (Bernama) -- Haily Group Bhd’s wholly owned subsidiary Haily Construction Sdn Bhd (Haily Construction) has accepted a letter of award from Gunung Impian Development Sdn Bhd for a construction job worth RM48.21 million in Johor.
KUALA LUMPUR, Feb 5 (Bernama) -- The government may need to reconsider the continuation of support for the real estate investment trust (REIT) sector as the industry has reached a level of maturity and strong commercial viability, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, Feb 5 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will continue on a positive growth trajectory, one that is resilient, inclusive and governed with honour.
KUALA LUMPUR, Feb 5 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) is maintaining its crude palm oil (CPO) price assumption of RM4,200 per metric tonne (mt) and earnings forecasts for 2026 for now, pending a review following Indonesia’s recent move to delay the implementation of its B50 mandate.