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Bursa Malaysia Extends Losses Amid Heightened Geopolitical Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia closed lower on Thursday, extending its losses for a third consecutive day, as investor sentiment turned increasingly risk-averse amid escalating geopolitical tensions.

Bursa Malaysia Lower At Midday Amid Weaker Regional Market Performance

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia eased at midday today, tracking weaker regional performance as investors remained cautious over potential de-escalation in West Asia.

Positive For PCG If Petronas Assumes Full Control Of PPC - CGS International

KUALA LUMPUR, May 28 (Bernama) -- The implications will be enormously positive for Petronas Chemicals Group Bhd (PCG) if Petronas eventually seek full integration of Pengerang Petrochemical Co Sdn Bhd (PPC), as PPC is expected to continue delivering large losses for PCG.

Ringgit Opens Mostly Higher Against Major Currencies, Slightly Lower Versus Greenback

By Karina Imran

KUALA LUMPUR, May 28 (Bernama) -- The ringgit opened mostly higher against major currencies today but eased slightly against the US dollar as investors stayed cautious over ongoing United States-Iran negotiations.

IHH Healthcare’s 1Q Net Profit Rises To RM528 Mln

KUALA LUMPUR, May 26 (Bernama) -- IHH Healthcare Bhd posted a net profit of RM528 million for the first quarter (1Q) ended March 31, 2026, up 2.7 per cent from RM514 million in the same quarter last year.

Axiata To Continue Exploring Monetisation Of Portfolio Assets

KUALA LUMPUR, May 26 (Bernama) -- Axiata Group Bhd is continuing to evaluate monetisation pathways for several portfolio assets as part of its broader value realisation strategy.

CIMB Group Net Profit Falls 2.9 Pct To RM1.91 Bln In 1Q 2026

KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2026 (1Q 2026) fell 2.9 per cent to RM1.91 billion from RM1.97 billion in the same period a year ago.

ITMAX Shares Up On Strong 1Q Performance

KUALA LUMPUR, May 26 (Bernama) -- ITMAX System Bhd’s (ITMAX) shares rose at early trade today after the company reported stronger earnings in the first quarter ended March 31, 2026 (1Q 2026).

TNB Remains Resilient, Focuses On Stable Supply And Value For The Rakyat

KUALA LUMPUR, May 25 (Bernama) -- Tenaga Nasional Bhd (TNB) today announced its financial performance for the first quarter of the financial year ended March 31, 2026 (1Q FY2026), underscoring the group’s continued commitment to strengthening Malaysia’s energy security, enhancing grid resilience and delivering long-term value to the nation and the rakyat.

Banks In Malaysia, APAC Economies Less Impacted By Higher Energy Prices - Moody's Ratings

KUALA LUMPUR, May 25 (Bernama) -- Banks in Malaysia and some Asia-Pacific (APAC) economies will be less impacted by higher energy prices, according to Moody’s Ratings.

Axiata 1Q Net Profit Rises To RM273.80 Mln

KUALA LUMPUR, May 25 (Bernama) -- Axiata Group Bhd’s net profit rose to RM273.80 million in the first quarter ended March 31, 2026 (1Q) from RM159.84 million in the same quarter last year. 

Bursa Malaysia Ends Morning Session Lower On Selling Pressure

KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia ended the morning session lower as continued selling on selected heavyweights, led by the industrial products and services and utilities counters, weighed on market sentiment.