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Bursa Malaysia Closes Higher On Bargain Hunting, CI Up 0.45 Pct

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to close higher today, buoyed by bargain hunting after three consecutive days of sell-off, an analyst said.

Stronger Ringgit Boosts Consumer, REITs And Plantation Sectors On Bursa Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- Consumer counters are poised to benefit from lower costs of raw material imports and improved margins as the ringgit continues to strengthen, according to Bursa Malaysia Bhd.

Neoteric Engineering Is Grand Champion In SME Bank's Sandbox Swiss Innovation Challenge 2024

KUALA LUMPUR, Oct 1 (Bernama) -- Neoteric Engineering Sdn Bhd is the grand champion in SME Bank Bhd’s Sandbox Swiss Innovation Challenge (SSSIC) 2024 open category and won RM30,000.

Bursa Malaysia Ends Morning Session Slightly Higher

By Zarul Effendi Razali

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia ended the morning session slightly higher today, driven by renewed buying in selected heavyweights, in line with regional market recovery, said an analyst.

SC Unveils Regulatory Sandbox To Boost Tokenisation Innovation

KUALA LUMPUR, Oct 1 (Bernama) -- The Securities Commission Malaysia (SC) will introduce a regulatory sandbox framework that provides a controlled environment for testing innovative products and services while ensuring investor protection.

DNex Shares Up After Google Asia Partnership

KUALA LUMPUR, Oct 1 (Bernama) -- Dagang NeXchange Bhd’s (DNex) shares rose in Bursa Malaysia’s early trading session today after the company partnered Singapore-based Google Asia Pacific Pte Ltd to provide sovereign cloud services in Malaysia.

Middle-income Tax Band Review A Welcome Move In Budget 2025 - PwC Malaysia

KUALA LUMPUR, Oct 1 (Bernama) -- With the rising cost of living a major concern for Malaysians, PwC Malaysia believes a review of personal income tax bands for the middle-income group in Budget 2025 would be a welcome move.

Bursa Malaysia Opens Lower On Mild Selling In Key Sectors

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.

Astro Malaysia Net Profit Soars 132.3 Pct To RM54.71 Mln In Second Quarter

KUALA LUMPUR, Sept 30 (Bernama) -- Astro Malaysia Holdings Bhd's net profit soared by 132.3 per cent to RM54.71 million in the second quarter ended July 31, 2024 (2Q 2025) from RM23.65 million a year ago.

Ringgit Hits Fresh 39-month High Against Greenback On Continued Expectation Of Another US Rate Cut

KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.

Bursa Malaysia Extends Loss At The Close Amid Downbeat Regional Performance

By Zarul Effendi Razali

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia extended last week’s losses to close lower on Monday, mirroring the mainly negative regional trend, with financial stocks leading the decline.

Petronas Secures Third O&G Concession In Abu Dhabi 

KUALA LUMPUR, Sept 27 (Bernama) -- Petroliam Nasional Bhd's (Petronas) wholly owned unit, Petronas Abu Dhabi Sdn Bhd, has been granted a new oil and gas exploration concession in Onshore Block 2 by the Supreme Council for Financial and Economic Affairs (SCFEA).