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FBM KLCI Stays Marginally Up At Midday; Market Breadth Negative

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s barometer index was marginally higher at midday as traders awaited the upcoming United States (US) Producer Price Index data for cues to gauge the Federal Reserve’s future interest rate moves, analysts said. 

 

Foreign Selling Of Malaysian Equities Eases To RM45.7 Mln Last Week

KUALA LUMPUR, Oct 14 (Bernama) -- Foreign investors continued selling domestic equities for a third consecutive week, though at a more moderate pace of RM45.7 million, according to MIDF Amanah Investment Bank Bhd (MIDF).

Bursa Malaysia Opens Higher On Wall Street Cues

By Rosemarie Khoo

KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia opened higher today, taking cues from the firmer closing on Wall Street last Friday, analysts said.

Ringgit Rises Against US Dollar On Budget 2025 Outlook

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 14 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of Budget 2025 week, buoyed by optimism that the government will likely maintain fiscal discipline and keep the fiscal deficit below four per cent of Gross Domestic Product growth next year.

Banking Industry Seeks Well-balanced Strategic Initiatives In Budget 2025 - RHB

KUALA LUMPUR, Oct 13 (Bernama) -- RHB Banking Group has expressed optimism about Budget 2025, expecting it to deliver well-balanced strategic initiatives that address both immediate economic needs and lay a strong foundation for future growth.

Kenanga IB Expects Govt To Raise Development Expenditure In Budget 2025

KUALA LUMPUR, Oct 12 (Bernama) -- The government is expected to allocate a higher development expenditure (DE) of RM94.5 billion in Budget 2025, from RM88.5 billion in 2024’s forecast, to boost infrastructure play, said Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit Seen Trading Cautiously Vs US Dollar Next Week Ahead Of Budget 2025

By Anas Abu Hassan

KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit is projected to trade sideways against the US dollar next week amid worries over China’s economy and rising geopolitical risks, ahead of Malaysia’s Budget 2025.

Alliance Bank Earns Spot At UN Global Compact Leaders Summit For ESG Advocacy

KUALA LUMPUR, Oct 11 (Bernama) -- Alliance Bank Bhd has been recognised for its commitment to promoting environmental, social, and governance (ESG) adoption among small and medium-sized enterprises (SMEs) in Malaysia.

Malaysia Committed To Exploring New Business Opportunities In Laos

From Sharifah Hunaini Syed Ismail

VIENTIANE, Oct 11 (Bernama) -- Malaysia is committed to exploring new business opportunities in Laos that could benefit both countries and is looking forward to enhancing bilateral cooperation, Prime Minister Datuk Seri Anwar Ibrahim said.

Ringgit Rebounds To End Firmer Against US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.

Former Maybank CEO Amirsham Is Alliance Bank's New Chairman

KUALA LUMPUR, OCT 11 (Bernama) -- Alliance Bank Malaysia Bhd has appointed Tan Sri Amirsham Abdul Aziz as its new chairman.

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.