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Bursa Malaysia Opens Slightly Lower

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened slightly lower today due to mild profit taking in selected heavyweights after recent gains, amid weaker sentiments on the global economic outlook, a dealer said.

Ringgit Up Against Major Currencies, Holds Steady Against Greenback On Strong Trade Data

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit appreciated against major currencies and held firm versus the US dollar at the close on Tuesday as Malaysia posted a stronger trade performance, returning to positive growth in July.

Bursa Malaysia Extends Upward Momentum To End Higher

By Zarul Effendi Razali

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia extended its upward trajectory to close higher today, supported by sustained buying in selected heavyweights, despite cautious sentiment in regional markets, a dealer said.

Rubber Market Rebounds To Close Higher, Tracking Regional Rubber Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 19 (Bernama) -- The Malaysian rubber market rebounded to close higher on Tuesday, in tandem with regional rubber futures markets, a dealer said.

Malaysia Can Boost Exports To Russia, EU, Iran Via Direct Overland Rail Link With Kazakhstan - Envoy

KUALA LUMPUR, Aug 19 (Bernama) – The railway authorities of Kazakhstan and Malaysia are looking to develop a direct trade logistics rail link to enable increased trade between both countries.

Bursa Malaysia Extends Gains, Opens Higher

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia opened higher today, extending yesterday’s gains, supported by continued buying interest in selected heavyweights amid cautious sentiments on the global economic outlook, a dealer said.

Ringgit Rebounds To Open Slightly Higher Vs US Dollar 

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit rebounded to open slightly higher against the US dollar and major currencies, despite the US dollar’s uptrend amidst the United States (US)-Ukraine talk, said an analyst. 

Macquarie Eyes Investments In Malaysia, Says Tengku Zafrul

KUALA LUMPUR, Aug 18 (Bernama) -- Global fund manager Macquarie Asset Management has expressed interest in investing across various sectors in Malaysia, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said.

Negeri Sembilan To Develop Malaysia’s First AI-powered Halal Hub

SEREMBAN, Aug 18 (Bernama) -- Negeri Sembilan is set to become the first state in Malaysia to establish a halal hub powered by artificial intelligence (AI), said Menteri Besar Datuk Seri Aminuddin Harun.

Bursa Malaysia Ends Higher, Tracking Most Regional Markets

By Zarul Effendi Razali

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia closed higher today, tracking the mostly positive performance of regional markets, supported by continued buying in selected heavyweights, a dealer said.

Foreign Investors Net Bought US$389.4 Mln Of Asian Equities Last Week - MBSB Investment

KUALA LUMPUR, Aug 18 (Bernama) -- Foreign investors continued to net buy Asian stocks for the second consecutive week, recording a net inflow of US$389.4 million, according to MBSB Investment Bank Bhd.

SIC Eyes Long-Term Expansion After Return To Profitability - CEO

By Siti Radziah Hamzah

KUALA LUMPUR, Aug 17 (Bernama) – After weathering the financial strain due to the COVID-19 pandemic, the Sepang International Circuit (SIC) is charting a new growth trajectory, anchored by land monetisation, strategic investments and expanded commercial offerings.