Bursa Malaysia Opens Lower As Iran Keeps Hormuz Closed

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking overnight losses on Wall Street after Iran’s new supreme leader signalled the Strait of Hormuz would remain closed.

Malaysian Companies Should Diversify Into 'Adjacent Sectors' Amid Economic Uncertainty -- PwC

KUALA LUMPUR, March 12 (Bernama) -- Malaysian businesses should consider diversifying into “adjacent operations”, including equities and other activities closely related to their core businesses, so that they can leverage their current expertise while mitigating risks.

BNPL Use Among Malaysian Youth Raises Concern As Under-30s Make Up 40 Pct - Liew

KUALA LUMPUR, March 12 (Bernama) -- Buy now, pay later (BNPL) use among Malaysian youth raises concern as those aged 30 and below make up about 40 per cent of BNPL transactions in the country, Deputy Finance Minister Liew Chin Tong said.

SC Secures Arrest Warrant Against Former SCIB Chairman Over False Statement To Bursa Malaysia

KUALA LUMPUR, March 12 (Bernama) -- The Securities Commission Malaysia (SC) today obtained a warrant of arrest against former Sarawak Consolidated Industries Bhd (SCIB) chairman and non-executive, non-independent director Mohd Abdul Karim Abdullah.

Bursa Malaysia's Benchmark Index Ends At Intraday High On Late Buying

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.

Elsa Gets Bursa Malaysia Approval For ACE Market Listing

KUALA LUMPUR, March 12 (Bernama) -- Oil and gas integrated service provider Elsa Bhd has received approval from Bursa Malaysia Securities Bhd to list on the ACE Market of Bursa Malaysia.

Bursa Malaysia Remains Lower At Mid-afternoon

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at mid-afternoon, weighed by continuous selling in selected heavyweights led by financial services as well as telecommunications and media counters.

Malaysia’s Wholesale, Retail Trade Sales Rise 7.3 Pct To RM159.8 Bln In January — DOSM

KUALA LUMPUR, March 12 (Bernama) -- Malaysia’s wholesale and retail trade sales rose 7.3 per cent year-on-year (y-o-y) to RM159.8 billion in January 2026, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Says Broker-level Cyber Incidents Contained, Market Integrity Intact

KUALA LUMPUR, March 12 (Bernama) -- Several brokers reported cybersecurity incidents within their system components, said Bursa Malaysia Bhd.

EIG’s MidOcean Energy Expands Gorgon LNG Stake Through JERA Acquisition

KUALA LUMPUR, March 12 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, announced it has signed definitive agreements with JERA Co Inc (JERA) to acquire JERA Gorgon Pty Ltd, which holds a 0.417 per cent interest in the Gorgon LNG project.

LTAT Sees Stable 5 Pct Dividend For Fy2026 Backed By Stronger Reserves

KUALA LUMPUR, March 12 (Bernama) -- The Armed Forces Fund Board (LTAT) expects its dividend payout to remain at five per cent for the financial year 2026, supported by a strategy to strengthen reserves to cushion potential market volatility.

Bursa Malaysia Remains Lower At Midday As Oil Price Surge Weighs

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performance of regional peers amid dented sentiment from a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon (US$1=RM3.91).