Bursa Malaysia Ends Lower On Profit-Taking In Oil-Related Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies.

Understanding Supply Chain Shocks Amid Hormuz Disruptions is ASEAN's Key Challenge

KUALA LUMPUR, April 29 (Bernama) -- Understanding how global energy shocks transmit through production and supply chain networks is the key policy challenge for ASEAN economies, particularly in the wake of disruptions linked to the Iran-Strait of Hormuz.

Labuan Corp Advisory Council Urges CVLB To Set Up Labuan Branch To Boost Transport, Logistics Industry

LABUAN, April 29 (Bernama) -- The Commercial Vehicles Licensing Board (CVLB) has been urged to establish a branch here to facilitate dealings by transport and logistics companies operating on the island.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended the morning session lower, tracking regional peers as investor sentiment was dented following reports of the United Arab Emirates’ (UAE) move to exit the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).

Malaysia’s Inflation Eases To 1.4 Pct In 2025 -- DOSM

KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s inflation moderated to 1.4 per cent in 2025 as compared to 1.8 per cent in the previous year, supported by the firmer ringgit, sustained household spending and initiatives by the government. 

Labuan Corporation Advisory Council Supports Oil Refinery Proposal

LABUAN, April 29 (Bernama) — The Labuan Corporation Advisory Council has unanimously agreed to support a proposal to establish an oil refinery on the island, describing it as a strategic move to spur economic growth and create employment opportunities.

Energy Transition Accelerates As Trillions In Investments Fuel Global Shift

KUALA LUMPUR, April 29 (Bernama) -- Energy transition efforts worldwide continue to gain momentum, despite an increasingly complex geopolitical landscape, with investment estimated to have reached US$3.3 trillion (US$1 = RM3.95) last year.

Bursa Malaysia Opens Higher On Stable Earnings Outlook, Macro Support

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia opened higher, underpinned by expectations of stable earnings in 2026 across banking, utilities, energy and healthcare sectors, alongside strong domestic liquidity and a supportive macroeconomic backdrop

Ringgit Opens Higher Against US Dollar, Mixed Versus Peers

KUALA LUMPUR, April 29 (Bernama) -- The ringgit strengthened against the US dollar but was mixed against other currencies in early trade today, amid cautious sentiment over oil price volatility and developments in the Strait of Hormuz, an analyst said.

Global Oil Prices Rise On Knee-jerk Reaction Following UAE's Exit From OPEC, OPEC+ 

KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.

Bursa Malaysia Ends At Intraday High On Improved Local Sentiment

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia rose 0.71 per cent to end at the day’s high on the back of improving local sentiment and selective buying in index-linked counters following the recent pullback.

KLCCP Stapled Group Optimistic On Sustaining Growth In 2026 Amid Rising Economic Uncertainties

KUALA LUMPUR, April 28 (Bernama) -- KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), collectively known as KLCCP Stapled Group, remain optimistic on sustaining their positive performance in 2026 amid rising economic uncertainties.