Bursa Malaysia Ends Lower On Heavy Foreign Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.

Gradual Salary Adjustment Could Strengthen Malaysia's Credit Profile - Analyst

KUALA LUMPUR, Jan 16 (Bernama) -- A gradual salary increase will not lead to excessive inflationary pressures, UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said. 

UEM Lestra, ESR Group Sign Green Electricity Supply Deal Under CRESS - PETRA

PUTRAJAYA, Jan 16 (Bernama) -- UEM Lestra Bhd and ESR Group Ltd signed a green electricity supply agreement via third-party access under the Corporate Renewable Energy Supply Scheme (CRESS) today. 

Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, Jan 16 (Bernama) --Bursa Malaysia rebounded to open higher today, buoyed by improved sentiments following Wall Street’s better performance overnight.

Ringgit Opens Slightly Higher Vs USD

KUALA LUMPUR, Jan 16 (Bernama) -- The ringgit opened slightly higher against the US dollar today amidst tepid investor sentiment, as the United States (US) economic data came in slightly better than expected.

Ringgit Advances Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit advanced against the US dollar at the close today following reduced demand for the American dollar influenced by softer US Producer Price Index (PPI) data and expectations of a gradual tariff implementation, said an analyst.

Bursa Malaysia Reverses Early Gains To End Lower Ahead Of US CPI Data

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia reversed its early gains to close broadly lower, with over 900 stocks in the red, reflecting the continuous lack of confidence across the market.

Petros and Sarawak Commit to Collaborate with Federal Government and Petronas for Smooth Execution

KUCHING, Jan 15 (Bernama) -- Sarawak Premier Tan Sri Abang Johari Tun Openg has expressed his appreciation to Prime Minister Datuk Seri Anwar Ibrahim for recognising Petroleum Sarawak Bhd (Petros) as the sole gas aggregator in Sarawak.

Bursa Malaysia Ends Morning Session Weaker On Continued Selling

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia ended the midday session lower as decliners surged past gainers amid weak market sentiment and persistent selling in index-linked counters.

U Mobile Signs MoU With CIMB To Finance 5G Network Rollout

KUALA LUMPUR, Jan 15 (Bernama) -- U Mobile Sdn Bhd has inked a memorandum of understanding (MoU) with CIMB Bank Bhd to extend financing support for its upcoming 5G network rollout.

Bursa Malaysia Rebounds On Sustained Buying Momentum

KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia staged a rebound and opened higher in early trading today, supported by sustained buying momentum despite Wall Street’s mixed overnight performance.

Global Uncertainties Push Ringgit To Open Higher Against US Dollar

KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.