MIDF: OPR Remains At 3 Pct This Year As The Current Setting Continues To Support Sustainable Economic Growth

KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) at 3.00 per cent this year as the current setting remains accommodative to sustainable economic growth, said MIDF Amanah Investment Bank Bhd (MIDF). 

Malaysia's External Trade To Expand In 2025, Exports Up 4.9 Pct, Imports To Rise 4.5 Pct

KUALA LUMPUR, Jan 20 (Bernama) -- Malaysia's exports and imports are set to continue growing in 2025, with external trade expected to expand further.

Local Institutions Maintain Bursa Malaysia Buying Streak For 13th Straight Week

KUALA LUMPUR, Jan 20 (Bernama) -- Local institutions remained net buyers for the 13th consecutive week on Bursa Malaysia, with net purchases of RM797.8 million, according to MIDF Amanah Investment Bank Bhd (MIDF).

MIDF Forecasts 4.6 Pct Growth For Malaysia In 2025

KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s economy is expected to grow at a pace of 4.6 per cent this year, driven by increased domestic spending and investment, alongside continued expansion in external trade, according to MIDF Amanah Investment Bank Bhd.

Gamuda's Share Price Up After Securing RM8 Bln Penang LRT Contract

KUALA LUMPUR, Jan 14 (Bernama) -- Gamuda Bhd’s share price on Bursa Malaysia was higher at mid-morning after its consortium was appointed as the main contractor to deliver the first civil works package worth over RM8 billion for the Penang Light Rail Transit (LRT) project.

Malaysia’s IPI To Grow 3.0–4.0 Pct in 2025 – MIDF Amanah

KUALA LUMPUR, Jan 10 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Malaysia’s Industrial Production Index (IPI) to sustain positive growth in 2025, projected at 3.0–4.0 per cent, following an estimated 3.4 per cent expansion in 2024.  

Dialog’s Shares Remain Flat Despite Securing US$235 Mln Investment

KUALA LUMPUR, Jan 10 (Bernama) -- Dialog Group Bhd's share price remained unchanged at mid-morning, despite receiving a US$235 million investment approval for the Baram Junior Cluster Small Field Asset Production Sharing Contract (PSC).

MIDF Positive On Banking Sector, Expects Robust Earnings For 2025

KUALA LUMPUR, Jan 9 (Bernama) -- The Malaysian banking sector is expected to have robust earnings in 2025, supported by solid gross loan growth and stable asset quality, said MIDF Amanah Investment Bank Bhd. 

Local Institutions Back Bursa Malaysia For 11th Straight Week

KUALA LUMPUR, Jan 6 (Bernama) -- Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF).  

Ringgit Closes Out 2024 As Top Performer Among Major Asian Currencies

By Norsyafawati Ab Wahab

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.

Bursa Malaysia Shines In 2024, CI To Touch 1,800 Next Year, With 50 New Listings

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.

Local Institutions Maintain Bursa Malaysia Buying Streak For 10th Week

KUALA LUMPUR, Dec 30 (Bernama) -- Local institutions extended their support for Bursa Malaysia for the 10th consecutive week, with net purchases of domestic equities totalling RM416.9 million, according to MIDF Amanah Investment Bank Bhd (MIDF).