18d ago
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.
18d ago
KUALA LUMPUR, May 29 (Bernama) -- Credit to the private non-financial sector grew by 5.8 per cent in April 2026 compared to 5.6 per cent in March 2026, driven by higher growth in outstanding business loans and outstanding corporate bonds, according to Bank Negara Malaysia (BNM).
18d ago
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.
18d ago
KUALA LUMPUR, May 29 (Bernama) -- Bursa Malaysia extended gains at midday today, in line with the stronger performance across regional markets, as bargain hunting emerged in selected heavyweights led by industrial products and services as well as financial counters.
18d ago
KUALA LUMPUR, May 29 (Bernama) -- Malaysia’s official reserve assets amounted to US$129.73 billion at the end of March 2026, compared with US$126.61 billion at end-March 2026.
18d ago
KUALA LUMPUR, May 29 (Bernama) -- Stoneshield Capital, an European investment firm, has completed the final close of its Opportunity Fund IV at its hard cap of 1.5 billion euros in capital commitments, exceeding its original 1.0 billion euros target amid strong investor demand for European real assets. (1 Euro = RM4.63)
18d ago
KUALA LUMPUR, May 29 (Bernama) -- QL Resources Bhd emerged among the top gainers in early trade despite posting lower earnings for the financial year ended March 31, 2026 (FY2026).
18d ago
KUALA LUMPUR, May 29 (Bernama) -- Malayan Banking Bhd’s (Maybank) shares edged higher in early trade today, reflecting sustained investor confidence in Malaysia’s largest bank despite softer earnings for the first quarter ended March 31, 2026 (1Q 2026).
19d ago
KUALA LUMPUR, May 29 (Bernama) -- The share price of Press Metal Aluminium Holdings Bhd (Press Metal) rose in early trading after the company posted strong earnings for the first quarter ended March 31, 2026 (1Q 2026).
19d ago
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.
19d ago
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.
19d ago
KUALA LUMPUR, May 28 (Bernama) -- Ryt Bank has launched a new in-app investment platform called Ryt Invest, marking a first for digital banking in Malaysia by bringing shariah-compliant investing with zero per cent sales charge.