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Buying In Tech, Petronas-linked Counters Pushes FBM KLCI To Intraday High At The Close

By Zarul Effendi Razali

KUALA LUMPUR, July 2 (Bernama) -- Persistent buying momentum, mostly seen in selected technology and Petronas-linked counters pushed the FTSE Bursa Malaysia KLCI (FBM KLCI) to record another intraday high at the close today, extending its rally to five consecutive trading sessions, an analyst said.

Johor Maju Agenda Strengthens On Back Of State's Outstanding 2024 Economic Performance

JOHOR BAHRU, July 2 (Bernama) --  Johor’s success in recording the highest gross domestic product (GDP) growth in the country last year strengthens the implementation of the Johor Maju Agenda, which targets GDP growth of between seven and eight per cent annually for the state by the year 2030.

JS-SEZ Could Lift Johor's National GDP Share To More Than 12 Pct By 2030

KUALA LUMPUR, July 2 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is expected to propel Johor's share of national gross domestic product (GDP) to exceed 12 per cent by 2023, should their investments materialise according to plan, said CIMB Investment Bank Bhd.

ASM Automation Makes ACE Market Debut, Eyes Global Expansion

KUALA LUMPUR, July 2 (Bernama) -- ACE Market debutant ASM Automation Group Bhd aims to drive future growth by expanding its presence and enhancing its automation machinery solutions in Malaysia and key international markets.

Diversification Ensures Malaysia's Economy Remains Resilient

By Samantha Tan Chiew Tieng

PUTRAJAYA, July 2 (Bernama) – Malaysia remains on solid footing due to its inclusive and long-term economic strategy despite geopolitical tensions in the Middle East raising concerns over the potential closure of the Strait of Hormuz and disruptions to global energy supply.

Gold Futures Rise On Expectations Of Fed Rate Cut

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives ended higher today, supported by growing expectations of interest rate cut by the United States (US) Federal Reserve (Fed), said SPI Asset Management managing partner Stephen Innes.

KPK To Hold Engagement Session With Palm Oil Industry Players On SST Implementation

KUALA LUMPUR, July 1 (Bernama) -- The Ministry of Plantation and Commodities (KPK) will hold an engagement session with palm oil industry stakeholders on July 3, said Deputy Minister of Plantation and Commodities, Datuk Chan Fong Hin.

Ringgit Ends Higher On Improved Sentiment Towards Emerging Market Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved sentiment towards emerging market currencies amid a weaker greenback.

Continued Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, July 1 (Bernama) -- Continued buying momentum in selected heavyweights have pushed Bursa Malaysia to close at its intraday high today, marking its fourth consecutive session of strong performance, an analyst said.

Global SWF Evaluates Sovereign Investors; Nine Funds Set Benchmark

KUALA LUMPUR, July 1 (Bernama) -- Global SWF has published the sixth edition of its annual Governance, Sustainability, and Resilience (GSR) Scoreboard, assessing 200 of the world’s largest Sovereign Wealth Funds (SWFs) and Public Pension Funds managing a collective US$29.4 trillion across 80 countries. (US$1=RM4.19)

HLIB Sees BNM Cutting OPR By 25 Bps In 2H 2025

KUALA LUMPUR, July 1 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain a cautious stance and cut the overnight policy rate (OPR) by 25 basis points in the second half of 2025, Hong Leong Investment Bank Bhd (HLIB) said, citing mixed monetary signals, persistent trade policy uncertainty, and subdued inflation.

Bank Islam’s ISIA 3.0 Redefines Investment, Profits With Purpose

KUALA LUMPUR, July 1 (Bernama) -- Bank Islam Malaysia Bhd has launched the Ihsan Sustainability Investment Account (ISIA) 3.0, the third version of its pioneering Shariah-compliant investment offering.