Gold Futures Close Higher, Supported By Weaker US Dollar

KUALA LUMPUR, May 29 (Bernama) -- Gold prices traded higher today as a weaker US dollar lent support to bullion prices, analysts said.

Late Selling Drags Bursa Malaysia To Close Marginally Lower

By Danni Haizal Danial Donald

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia reversed earlier gains to close marginally lower on Friday, pressured by late selling in blue-chip stocks as investors turned cautious amid ongoing geopolitical uncertainties in West Asia, which continued to dampen market sentiment.

Rubber Market Ends Sharply Higher, Hits New 2026 High On Regional Gains

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, May 29 (Bernama) -- The Kuala Lumpur rubber market ended sharply higher on Friday, reaching a new high for 2026, a dealer said.

OSK 1Q Net Profit Rises 11 Pct To RM138.04 Mln

KUALA LUMPUR, May 29 (Bernama) -- OSK Holdings Bhd posted a higher net profit in the first quarter ended March 31, 2026 (1Q FY2026) by 11 pct to RM138.04 million, supported by a stronger operating profit from the property and financial services businesses, and higher investment income from the group’s stake in RHB Bank Bhd. 

Bursa Malaysia Trims Losses To Open Higher, Tracking Wall Street Cues

By Danni Haizal Danial Donald

KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Friday, tracking overnight gains on Wall Street as investor sentiment improved amid easing geopolitical tensions between the United States and Iran.

Global Air Cargo Demand Up 4.0 Pct In April, Led By Asia-Pacific Airlines -- IATA

KUALA LUMPUR, May 28 (Bernama) -- Total demand of global air cargo, measured in cargo tonne-kilometres, increased by 4.0 per cent in April 2026, compared to April 2025 levels (4.0 per cent for international operations), according to the International Air Transport Association (IATA).

Pharmaniaga Bags RM281.7 Mln Contract From Health Ministry To Supply Human Insulin

KUALA LUMPUR, May 28 (Bernama) -- Pharmaniaga Bhd, through wholly-owned subsidiary Pharmaniaga LifeScience Sdn Bhd (PLS), has secured a three-year contract valued at RM281.7 million from the Ministry of Health for the supply of human insulin to healthcare facilities nationwide.

QL Resources Posts Lower Net Profit Of RM450.35 Mln In FY2026

KUALA LUMPUR, May 28 (Bernama) -- QL Resources Bhd posted a lower net profit of RM450.35 million for the financial year ended March 31, 2026 (FY2026), compared with RM455.08 million in the previous financial year.

IJM Corp FY2026 Net Profit Falls To RM3.24 Mln, Declares Second And Special Dividend

KUALA LUMPUR, May 28 (Bernama) -- IJM Corporation Bhd’s net profit dipped to RM3.24 million for the financial year ended March 31, 2026 (FY2026), from RM403.37 million in the corresponding period last year.

Ringgit Ends Lower Against Greenback As Geopolitical Concerns Persist

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, May 28 (Bernama) -- The ringgit closed lower against the US dollar on Thursday, as escalating geopolitical tensions in West Asia increased demand for the greenback amid heightened risk aversion.

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.