MAG Continues To Review Fares, Fuel Surcharges Amid Market Volatility

By Kisho Kumari Sucedaram

KUALA LUMPUR, March 13 (Bernama) -- Malaysia Aviation Group (MAG) said the airlines under its portfolio are continuously reviewing airfares and fuel surcharges in response to prevailing market conditions.

O&G-related Stocks Rise As Iran Signals Hormuz Will Remain Closed

KUALA LUMPUR, March 13 (Bernama) -- Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed.

Ringgit Opens Easier Against US Dollar, Firmer Against Majors

KUALA LUMPUR, March 13 (Bernama) -- The ringgit opened higher against a basket of major currencies but weakened against the US dollar on Friday, as escalating tensions in West Asia dampened risk appetite, an economist said.

Gold Futures End Lower As Oil Prices Surge

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continue to end lower at Thursday's closing after crude oil prices surged past US$100, which pushed short end US yields and the dollar higher.

Bursa Malaysia's Benchmark Index Ends At Intraday High On Late Buying

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.

Malaysia's Retail Sales Growth To Remain Resilient At 6.0 Pct In 2026 -- MBSB IB

KUALA LUMPUR, March 12 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) anticipates that Malaysia’s retail sales expansion will remain resilient at 6.0 per cent for the year 2026 as compared to 6.1 per cent in 2025.

First Meeting Of Fifth Session Of 15th Parliament Ends, West Asia Among Top Concerns

KUALA LUMPUR, March 12 (Bernama) -- The Dewan Rakyat and Dewan Negara sessions for the First Meeting of 2026, which ended today, saw the focus given to boosting the country’s economic resilience, fiscal management, and the government’s efforts to monitor the impact of the West Asia conflicts on the national and global economy.

Strait Of Hormuz Closure Pushes Gulf Oil Inventories Towards Capacity, Pressuring Refiners

KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.

Airlines Feel 'Powerless' Amid West Asia Conflict, But AirAsia Remains Resilient - Tony Fernandes

KUALA LUMPUR, March 12 (Bernama) -- Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tony Fernandes.

Bursa Malaysia Remains Lower At Mid-afternoon

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at mid-afternoon, weighed by continuous selling in selected heavyweights led by financial services as well as telecommunications and media counters.

Bursa Malaysia Remains Lower At Midday As Oil Price Surge Weighs

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performance of regional peers amid dented sentiment from a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon (US$1=RM3.91).

O&G Related Stocks Higher At Early Trade As Crude Oil Prices Surge

KUALA LUMPUR, March 12 (Bernama) -- Oil and gas-related stocks were trading higher at the open after crude oil prices surged following tanker attacks in Iraqi waters amid the US-Iran conflict.