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HLIB Expects Banking Sector's Earnings To Grow At 3.4 Pct CAGR In 2024-2026

KUALA LUMPUR, June 9 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) forecasts the banking sector’s earnings to grow at a two-year compound annual growth rate (CAGR) of 3.4 per cent over the financial year of 2024-2026. 

Rubber Market To See Muted Demand Next Week Due To Global Uncertainties

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, June 7 (Bernama) -- The local rubber market is expected to experience muted demand next week due to global economic uncertainties following the ‘hanging’ United States (US) tariffs, which are still on a 90-day pause. 

Research Firms Issue ‘Buy’ Calls On Econpile Following Penang LRT Contract Win

KUALA LUMPUR, June 6 (Bernama) -- RHB Research has maintained its ‘Buy’ recommendations on Econpile Holdings Bhd following the company’s contract win for the Penang Light Rail Transit (LRT) project.

Malaysia's Plantation Sector Remains Neutral Amid EU 'Standard Risk' Classification -- AmInvestment Bank

KUALA LUMPUR, June 6 (Bernama) -- AmInvestment Bank Bhd has maintained its neutral rating on the plantation sector the amid the recent 'standard risk' classification by the European Commission (EC).

Ringgit Ends Higher On Weaker US Dollar, Cautious Inflation Outlook

By Anas Abu Hassan

KUALA LUMPUR, June 5 (Bernama) -- The ringgit closed higher against the US dollar on Thursday, supported by a weaker greenback following downbeat United States economic data, as investors shifted into risk-on mode.

Bursa Malaysia Rises For 2nd Straight Day On Continued Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst.

Ringgit Opens Higher Against Greenback Amid Weaker US Economic Data

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 5 (Bernama) -- The ringgit opens marginally higher against the US dollar on Thursday, amid weaker-than-expected United States (US) economic data and tariff uncertainties, an analyst said.

Ringgit Eases Marginally Against Greenback After Stronger US Economic Data 

By Danni Haizal Danial Donald

KUALA LUMPUR, June 4 (Bernama) -- The ringgit eased against the greenback at the close on Wednesday after the United States posted stronger economic data.

Bursa Malaysia Rebounds To Close Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia picked up momentum in the final hour of trading to close marginally higher, driven by bargain-hunting in energy and telecommunication stocks during the late session, said an analyst.

Ringgit Strengthens Against Greenback As Trump Administration Pushes Disruptive Trade Policies

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 4 (Bernama) -- The ringgit continued to strengthen against the US dollar on Wednesday, as the US economy is perceived as fragile amid the Trump administration’s continued push for disruptive trade policies.

EPF Records Total Investment Income Of RM18.31 Bln For 1Q 2025

KUALA LUMPUR, June 3 (Bernama) -- The Employees Provident Fund (EPF) recorded investment income totalling RM18.31 billion for the first quarter ended March 31, 2025 (1Q 2025), a 13 per cent decline from RM20.99 billion in the corresponding period in 2024.

CIMB Securities Cuts KLCI Earnings Forecasts By 5.6 Pct After Weak 1Q

By Naveen Prabu Kuppusamy

KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).