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FBM KLCI Extends Decline Amid Rising Global Trade Tensions

By Siti Noor Afera Abu

KUALA LUMPUR, March 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued its decline, breaching the key support level of 1,490-1,500, driven by heightened investor concerns over the potential repercussions of an escalating global trade dispute.

Scientex Posts Lower Net Profit Of RM123.95 Mln In 2Q

KUALA LUMPUR, March 12 (Bernama) -- Scientex Bhd’s net profit fell 12.1 per cent to RM123.95 million in the second quarter ended Jan 31, 2025 (2Q FY2025) compared with RM141.01 million a year earlier. 

Wholesale, Retail Trade Up 4.6 Pct Y-o-y To RM148.9 Bln In January 2025 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia's wholesale and retail trade sector began the year with total sales of RM148.9 billion in January, a 4.6 per cent growth year-on-year (y-o-y), according to the Department of Statistics Malaysia (DOSM).

Malaysia's IPI Up 2.1 Pct In January 2025 - DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s Industrial Production Index (IPI) increased by 2.1 per cent year-on-year in January 2025, led by growth in manufacturing sector output, according to the Department of Statistics Malaysia (DOSM).

Foreign Investors Extend Buying Streak In Malaysia’s Corporate Bonds - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 12 (Bernama) -- Despite global market volatility, foreign investors have remained net buyers of Malaysia’s Private Debt Securities (PDS) for five consecutive months, underscoring confidence in the country’s corporate bond market.

Maintenance Fees: A Snowball That Can Trigger An Avalanche

KUALA LUMPUR, March 12 (Bernama) -- The issue of unpaid maintenance fees is a snowballing crisis, that, if unaddressed, can escalate into a major threat to property value and living conditions.

Bursa Malaysia Opens Lower, Key Index Slips Below 1,500

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia extended losses at Wednesday’s opening, tracking overnight declines on Wall Street and regional markets as global economic uncertainties dampened investor sentiment.  

Bursa Malaysia Remains Lower At Midday On Selling Pressure

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained lower at midday as a widespread sell-off in small-cap stocks dragged the broader market into negative territory.

Kenanga Research Keeps Overweight On Plantations Amid Supply Deficit

KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.

Maintenance Fee Arrears: Should We Be Concerned?

By Abdul Hamid A. Rahman

KUALA LUMPUR, March 11 (Bernama) -- Unpaid maintenance fees in strata developments have reached worrying levels, with arrears estimated in the hundreds of millions — and potentially billions, if unaddressed.

Majority Of Local Banks Hold Above-Average ESG Ratings

KUALA LUMPUR, March 10 (Bernama) -- Majority of Malaysian banks have environmental, social and corporate governance (ESG) ratings that surpass average benchmarks, aligning well with international standards and rivaling those of Singapore banks, said CIMB Securities Sdn Bhd.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia remained lower at midday on selling pressure in selected heavyweights, led by the utilities, consumer products and services as well as transportation and logistics sectors.