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Profit-taking Pressures Bursa Malaysia Into Afternoon Decline

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia's downward trend persisted into mid-afternoon, driven by ongoing profit-taking in select heavyweights, especially in the utilities sector.

YTL Counters Weigh On Bursa Malaysia's Morning Session

By Karina Imran

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily driven by YTL-related counters, according to an analyst.

MIDF Expects Bursa Malaysia's Positive Momentum To Continue In 4Q And Into 2025

KUALA LUMPUR, Sept 26 (Bernama) -- MIDF Amanah Investment Bank Bhd expects Bursa Malaysia’s positive market momentum to continue in the last quarter of 2024 (4Q), driven by foreign inflows, underpinned by a healthy economy and a positive corporate earnings outlook.

Covid-19 Undermined Progress In Reducing Poverty, Urban Households Hit Hardest - KRI

KUALA LUMPUR, Sept 26 (Bernama) -- Absolute poverty increased from 2019 to 2022, especially among urban households, rising to 4.5 per cent in 2022 from 3.8 per cent in 2019, according to a Khazanah Research Institute (KRI) report.

Bursa Malaysia Opens Lower Amid Mixed Regional Sentiment

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia opened lower on Thursday amid mixed regional sentiment, as diminishing effects of China's recent monetary policy shifted investors' focus to potential fiscal stimulus measures, according to an analyst.

Ringgit Retreats To 4.13 At Opening As Investors Take Profits

KUALA LUMPUR, Sept 26 (Bernama)  -- The ringgit retreated against the US dollar on Thursday, taking a breather from recent gains as investors cashed out profits following its considerable appreciation, an economist said.

Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).

Ringgit Hits Strongest Level Since June 2021, Rises 0.69 Pct Against USD

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit rallied to 4.1275/1310 against the US dollar on Wednesday, marking its strongest level since June 2021.

FBM KLCI Rebounds On Late Buying To End Higher As Broader Market Falls  

By Karina Imran

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.

BUSINESSNEXT Snags 2024 Best Perks & Benefits Award From Comparably

KUALA LUMPUR, Sept 25 (Bernama) -- BUSINESSNEXT, a universe of composable enterprise solutions for banks and financial services, announced it has won the “2024 Best Perks & Benefits Award” from Comparably.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.

ADB Raises 2024 Economic Growth Forecast For Developing Asia, The Pacific

JAKARTA, Sept 25 (Bernama) -- The Asian Development Bank (ADB) has revised its economic growth forecast for developing Asia and the Pacific to 5.0 per cent this year, up from the previous estimate of 4.9 per cent in April.