Kenanga IB Foresees FBM KLCI To Hit 1,840 Mark This Year

KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year. 

Malaysia Equities Hit Strongest Level Since 2018 On Firmer Ringgit, Solid Local Fundamentals

By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.

PGF Capital's 3Q Net Profit Eases To RM4.56 Mln Due To MTM Unrealised Loss, Forex Loss

GEORGE TOWN, Jan 26 (Bernama) -- Main Market-listed insulation producer PGF Capital Bhd's net profit eased to RM4.56 million for the third quarter (3Q) ended Nov 30, 2025, from RM6.24 million in the same quarter in 2024.

Malaysian Economy To Stay Resilient In 2026 On FDI, Robust Infrastructure Investment -- HSBC

KUALA LUMPUR, Jan 19 (Bernama) -- Malaysia's economy is expected to remain resilient this year, driven by the ongoing foreign direct investment (FDI) and robust infrastructure investment, said HSBC chief Asia economist Frederic Neumann. 

Ringgit Opens Lower Against Firmer US Dollar Ahead Of US Non-Farm Payrolls Release

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 9 (Bernama) --  The ringgit opened lower against the US dollar, weighed by a firmer US Dollar Index (DXY) as global markets position ahead of tonight’s US non-farm payrolls release.

Ringgit Surges To 4.11 Against Greenback, Highest In Four Years And Five Months

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 4 (Bernama) -- The ringgit surged to 4.11 against the greenback at the close on Thursday, hitting a new high in almost four and a half years, as weaker economic data in the United States continued to heighten expectations of a cut in US interest rates.

Ringgit Rises Vs US Dollar, Other Major Currencies

KUALA LUMPUR, Oct 8 (Bernama) -- The ringgit appreciated against the US dollar and other major currencies at the opening today, supported by positive sentiment ahead of the tabling of the national budget this Friday.

Oil Prices Up 2nd Day After Modest OPEC+ Hike, But Gains Limited

WASHINGTON, Oct 7 (Bernama-Sputnik/RIA Novosti) -- Crude prices managed to stay higher for a second straight session on Monday, after the largest oil producers in OPEC+ announced a smaller-than-expected output hike for November.

AmBank Economist Forecasts Ringgit At 4.27 Against US Dollar By End-2025

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.

Malaysia Urged To Boost Local Gold Refining To Curb Forex Outflow – Prominent Gold Retailer

KUALA LUMPUR, Aug 14 (Bernama) -- Malaysia must enhance its local gold refining capabilities to minimise the outflow of foreign exchange (forex) currently incurred by sending the precious metal to overseas facilities.

DXN 1Q Net Profit Dragged Down By Forex Losses

KUALA LUMPUR, July 29 (Bernama) -- DXN Holdings Bhd’s net profit fell by 13.6 per cent to RM73.91 million in the first quarter ended May 31, 2025 (1Q FY2026) from RM85.56 million in the same period last year due to foreign exchange (forex) losses stemming from the strengthening of the ringgit.

Ancom Nylex's Net Profit For FY2025 Slips To RM63.49 Mln

KUALA LUMPUR, July 17 (Bernama) -- Ancom Nylex Bhd’s net profit for the financial year ended May 31, 2025 (FY2025) slipped to RM63.49 million compared to RM81.47 million recorded in FY2024.