Bursa Malaysia Opens Higher In Sync With Wall Street Gains

KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia opened higher today in sync with Wall Street’s overnight gains as sentiment was bolstered by the return of interest in risky assets underscored by gains in Bitcoin.

Maybank IB Upgrades Banking Sector Outlook To Positive For 2026

KUALA LUMPUR, Dec 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects 2026 to be a more conducive operating year for the banking sector, with aggregate operating profit and net profit forecast to grow by 4.7 per cent and five per cent, respectively.

Strong Trade, Contained Inflation Offer BNM Policy Flexibility Despite Softer Credit - CIMB

KUALA LUMPUR, Dec 1 (Bernama) -- Malaysia’s credit cycle is showing a loss of momentum, but strong trade and contained inflation provide Bank Negara Malaysia (BNM) policy flexibility, according to CIMB Investment Bank Bhd.

Ringgit Opens Firmer Against Greenback, Set To Reach RM4.10 By Year-end

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened slightly firmer against the US dollar, aligning with forecasts to reach RM4.10 by year-end, as dovish remarks by US Federal Reserve officials weakened the greenback.

S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

S&P Raises 2026 GDP Forecast For Asia-Pacific To 4.3 Pct, For Malaysia To 4.5 Pct

KUALA LUMPUR, Nov 24 (Bernama) -- S&P Global Ratings has lifted its 2026 gross domestic product (GDP) growth forecast for Asia-Pacific to 4.3 per cent from 4.0 per cent, with the Malaysian economy now projected to grow at a faster pace of 4.5 per cent.

Ringgit Likely To Trade Between 4.13-4.16 With Slight Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.

Ringgit Ends Firmer Against US Dollar Despite Strong US Jobs Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit ended higher against the US dollar today, tracking gains by several regional currencies despite the stronger-than-expected United States nonfarm payrolls report for September.

Ringgit Opens Higher Against US Dollar, Other Major Currencies

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened firmer against the US dollar on Friday despite stronger US labour market data that continued to support the greenback.

CPO Futures End Mixed Amid Cautious Trading

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 14 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mixed on Friday amid cautious trading, despite stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

Pharmaniaga Shares Slip After Lower 3Q Net Profit

KUALA LUMPUR, Nov 14 (Bernama) -- Pharmaniaga Bhd was the third-most-active counter, with 17.7 million shares traded in mid-morning (11 am) today, as its stock fell 0.26 per cent, or half a sen, to 25.5 sen following a sharp drop in third-quarter (3Q) net profit.

Hong Leong Bank Expects Ringgit To Have Enough Legs To Continue Uptrend

KUALA LUMPUR, Nov 12 (Bernama) -- Hong Leong Bank Bhd (HLB) believes the ringgit has sufficient fundamental strength to continue its uptrend after the local note opened at 4.12 against the US dollar on Wednesday, its strongest level since Sept 30, 2024.