Ringgit Edges Higher Against US Dollar Despite Stronger DXY

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit opened marginally higher against the US dollar on Tuesday, supported by improved buying sentiment for the domestic currency despite a stronger US Dollar Index (DXY).

CPO Futures End Higher On Rebound In Global Oil Markets

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday supported by the rebound of soybean oil in the Dalian Commodity Exchange and Zhengzhou Commodity Exchange rapeseed oil futures, said a trader.

Gold Futures End Higher

KUALA LUMPUR, Dec 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today on renewed buying interest. 

KLCC Holdings To Develop Land In Bandar Malaysia

KUALA LUMPUR, Dec 23 (Bernama) -- KLCC (Holdings) Sdn Bhd (KLCCH) has agreed with Bandar Malaysia Sdn Bhd and Bandar Malaysia Land Sdn Bhd to develop 196.67 hectares (ha) of land in Bandar Malaysia, the site of the former Royal Malaysian Air Force base in Sungai Besi.

Renewed Buying Interest Lifts FBM KLCI To Close Higher

KUALA LUMPUR, Dec 23 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) staged a rebound from last Friday’s losses to close higher today, underpinned by renewed buying interest in banking stocks, in line with the mostly positive regional market performance, said an analyst.

Bursa Malaysia Ends Morning Session Mixed

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia ended the morning trading session mixed, tracking regional peers' performance amid positive cues from Wall Street last week.

Local Institutions Extend Buying Streak On Bursa Malaysia For Ninth Week

KUALA LUMPUR, Dec 23 (Bernama) -- Local institutions continued to support Bursa Malaysia for the ninth consecutive week, recording net equity purchases of RM1.05 billion million last week, according to MIDF Research.

KLCC Property Denies Claim Of Bandar Malaysia Takeover

KUALA LUMPUR, Dec 23 (Bernama) -- KLCC Property Holdings Bhd (KLCCP) has denied claims that it is buying Bandar Malaysia for over RM10 billion, as reported in The Edge Malaysia.

Bursa Malaysia Ends Morning Session Flat

KUALA LUMPUR, Dec 20 (Bernama) -- Bursa Malaysia ended the morning session almost flat, in tandem with its regional peers amid Wall Street’s mixed overnight performance. 

Banking Sector Thriving In 2024, Sees Major Acquisitions

By Karina Imran

KUALA LUMPUR, Dec 10 (Bernama) -- The Sarawak state government’s acquisition of a major stake in Affin Bank Bhd and Public Bank’s purchase of equity in LPI Capital Bhd, plus banks generally being highly profitable, were the major news items in Malaysia’s banking and financial landscape this year.

Bursa Malaysia Rebounds Amid Mixed Performances From Asian Markets

KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia rebounded and closed higher due to buying support in selected heavyweights amid mixed performances from Asian markets. 

FBM KLCI Ends Lower On Profit-taking, Broader Market Positive

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the week slightly lower, pulling back from recent gains as profit-taking dominated amid heightened investor caution.