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FMC Continues Monitoring Domestic Financial Market Conditions Amidst Key Global Developments

KUALA LUMPUR, Nov 20 (Bernama) -- Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC) continues to monitor the domestic financial market conditions amidst key global developments, namely the outcome of the recent US election and concerns surrounding China’s economic growth prospects.

Malaysia To Prioritise Trade, ASEAN Capital Market Connectivity Ahead Of ASEAN 2025 Chairmanship 

KUALA LUMPUR, Nov 20 (Bernama) -- Malaysia will prioritise enhancing trade facilitation among ASEAN countries and strengthening the connectivity of ASEAN capital markets, recognising the strategic importance of its capital market as the country prepares to chair ASEAN in 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Malaysian Beauty Brands Generate RM27.33 Mln In Sales At Cosmoprof Asia 2024

KUALA LUMPUR, Nov 20 (Bernama) -- Three Malaysian companies participating under the Malaysia Pavilion at the Cosmoprof Asia 2024 have generated total sales of RM27.33 million during the event.

Bursa Malaysia Remains In The Red At Midday

KUALA LUMPUR, Nov 20 (Bernama) -- Bursa Malaysia remained in the red at midday, weighed down by continuous selling in selected heavyweights, led by financial services and utilities sectors. 

Rising Equity Market Capitalisation Further Evidence Of Malaysia's Economic Recovery -- PM Anwar

KUALA LUMPUR, Nov 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim highlighted that the rise in Malaysia’s equity market capitalisation this year, which has surpassed RM2 trillion, is further evidence of Malaysia's economic recovery.

FBM KLCI Futures Mixed In Early Trade

KUALA LUMPUR, Nov 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were mixed in early trading.

Ringgit Opens Higher Amid Cautious Sentiments 

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, said an analyst.

Dialog Posts Higher Net Profit Of RM150.97 Mln In 1Q

KUALA LUMPUR, Nov 19 (Bernama) -- Dialog Group Bhd posted a higher net profit of RM150.97 million for the first quarter ended Sept 30, 2024 (1Q FY2025) compared to a net profit of RM132.17 million in the same quarter last year. 

MIHAS@Dubai 2024 Capable Of Surpassing RM1 Bln Initial Export Sales Target -- DPM

DUBAI, Nov 19 (Bernama) -- The 2024 Malaysia International Halal Showcase expo in Dubai (MIHAS@ Dubai 2024) can exceed the initial export sales target of RM1 billion, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Bursa Malaysia Gives Up Earlier Gains To End Mixed

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said.

Anwar’s Visit Sparks Special Malaysia-Brazil Collaboration

RIO DE JANEIRO (Brazil), Nov 19 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s inaugural official visit to Brazil has paved the way for new economic opportunities for Malaysia, especially in the semiconductor industry.

Bursa Malaysia Remains Higher At Midday

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia remained higher at midday, buoyed by the industrial products and services, telecommunications and media, and financial services counters.