Bursa Malaysia Surges To Highest Level Since 2018 At Mid-Afternoon

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.

HCLTech Bolsters Wealth Management Portfolio With Finergic Acquisition

KUALA LUMPUR, Jan 26 (Bernama) -- HCLTech announced it has signed a definitive agreement to acquire Singapore-headquartered Finergic Solutions Pte Ltd, a boutique wealth consulting firm.

Ringgit Hits Fresh High Of 3.9665 Versus US Dollar After Lunch Break

KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit continued its momentum to trade at 3.9665 against the US dollar after lunch break today, marking a fresh high since May 22, 2018, when it last stood at 3.9655.

OCBC: Upbeat Growth, Encouraging Fundamentals To Boost Investor Confidence In Malaysia

KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s fundamentals “remain encouraging,” supported by quality foreign direct investment (FDI) inflows, upbeat growth, a wider trade surplus and a clear commitment to fiscal consolidation, said OCBC Group Research.

Bursa Malaysia Extends Gains At Midday Amid Mixed Regional Performance

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its gains at midday on sustained buying interest in selected heavyweight stocks, led by financial counters, amid a mixed regional market performance, said an analyst. 

MTT Shipping And Logistics Gets SC Approval For Main Market Listing

KUALA LUMPUR, Jan 26 (Bernama) -- Maritime logistics services provider MTT Shipping and Logistics Bhd (MTTSL) has obtained approval from Securities Commission Malaysia (SC) for its proposed listing on the Main Market of Bursa Malaysia Securities Bhd.

Anwar Expresses Gratitude As Ringgit Hits Strongest Level In Over Seven Years

PUTRAJAYA, Jan 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude over the ringgit’s appreciation against the US dollar, saying “Alhamdulillah” when asked to comment on the local currency’s strongest performance in more than seven years.

Bursa Malaysia Opens Higher On Foreign Fund Buying

KUALA LUMPUR, Jan 26 -- Bursa Malaysia opened higher on Monday, extending gains from last week, as foreign funds continued to snap up local shares, reflecting sustained external confidence in the Malaysian market. 

Ringgit Opens At More Than Seven-Year High On Steady OPR

KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia’s decision to maintain the overnight policy rate and a weaker US dollar index.

ManageEngine To Open Data Centre In Asean This Year

CHENNAI, Jan 25 (Bernama) -- Zoho Corporation's IT division ManageEngine is planning to open a data centre in the ASEAN region this year.

CIMB Islamic To Channel RM20 Mln Into Conservation Efforts Via EcoSave-i

KUALA LUMPUR, Jan 24 (Bernama) -- CIMB Islamic Bank Bhd has committed RM20 million over the next five years to support environmental conservation initiatives through its EcoSave-i programme, Malaysia’s first environmentally focused Islamic savings account.

Ringgit Likely To Trade Higher Next Week, Aiming To Breach 4.00-Mark Again

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade higher as investors remain constructive towards the local note, aiming to break the 4.00-level again next week.