LATEST NEWS   SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | 

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ASEAN-BAC Unveils 12 Initiatives To Drive Regional Growth, collaboration

GEORGE TOWN, Jan 16 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) has unveiled 12 strategic initiatives, including the ASEAN Business Entity (ABE) framework, to enhance economic integration, inclusivity, and regional collaboration.

Bursa Malaysia Ends Morning Session Slightly Lower

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia pared earlier losses to close the morning session slightly lower on profit-taking in selected heavyweights, although a mild technical bounce is expected today.

Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, Jan 16 (Bernama) --Bursa Malaysia rebounded to open higher today, buoyed by improved sentiments following Wall Street’s better performance overnight.

Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.

Bursa Malaysia Ends Morning Session Weaker On Continued Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia ended the midday session lower as decliners surged past gainers amid weak market sentiment and persistent selling in index-linked counters.

U Mobile Signs MoU With CIMB To Finance 5G Network Rollout

KUALA LUMPUR, Jan 15 (Bernama) -- U Mobile Sdn Bhd has inked a memorandum of understanding (MoU) with CIMB Bank Bhd to extend financing support for its upcoming 5G network rollout.

Bursa Malaysia Rebounds On Sustained Buying Momentum

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia staged a rebound and opened higher in early trading today, supported by sustained buying momentum despite Wall Street’s mixed overnight performance.

Advance GDP Likely To Expand 5 Pct In 4Q 2024 - CIMB Securities

KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia’s advance gross domestic product (GDP) is expected to expand five per cent in the fourth quarter of 2024 (4Q 2024), moderating from 5.3 per cent in 3Q 2024, according to CIMB Securities Sdn Bhd. 

Bursa Malaysia Opens Higher On Bargain Hunting In Blue Chip Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia recovered from yesterday's sharp losses, thanks to bargain hunting among blue chip stocks, despite mixed Wall Street performance overnight.

Bursa Malaysia Ends Lower On Heavy Selling In Tech, Utility Stocks

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.

Bursa Malaysia On Downtrend, Selling Persists In Utilities And Financial Services Sectors

KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia continued its downtrend at mid-afternoon as selling persisted in the utilities and financial services sectors.

CPO Prices To Remain Elevated In 1H 2025 - Analysts

KUALA LUMPUR, Jan 13 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated in the first half of 2025 (1H 2025), trading between RM4,400 and RM4,800 per tonne, before moderating in the second half (2H 2025) to MYR4,000-RM4,400 per tonne during the seasonal peak.