5m ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia ended the midday session lower as decliners surged past gainers amid weak market sentiment and persistent selling in index-linked counters.
5m ago
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
5m ago
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.
5m ago
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.
5m ago
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.
6m ago
KUALA LUMPUR, Dec 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects inflation to rise in 2025, driven by domestic policy reforms such as the RON95 fuel subsidy rationalisation and an expanded sales and services tax (SST) scope.
6m ago
KUALA LUMPUR, Dec 21 (Bernama) -- Bursa Malaysia is expected to maintain its sideways pattern next week until new catalysts emerge, according to Rakuten Trade Sdn Bhd.
7m ago
By Zarul Effendi Razali
KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit rebounded from yesterday’s losses to close higher against the greenback on Wednesday.
7m ago
KUALA LUMPUR, Nov 28 (Bernama) -- Axiata Group Bhd’s net profit for the third quarter ended Sept 30, 2024 (3Q 2024) made a significant turnaround, reaching RM976.67 million from a net loss of RM797.41 million in the same quarter a year ago.
7m ago
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
7m ago
KUALA LUMPUR, Nov 15 (Bernama) -- Malaysia’s inflation is projected to average 2.0 per cent to 3.5 per cent in 2025, factoring in domestic policy measures outlined in Budget 2025, said Bank Negara Malaysia (BNM).