Late Buying In Banks Helps Bursa Malaysia To End With Modest Loss

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.

RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.  

Malaysia’s 5.1 Pct GDP Growth In 2024 Demonstrates Resilience Amid Global Uncertainties - Economist

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s fourth-quarter 2024 gross domestic product (GDP) growth of 5.0 per cent, leading to a full-year expansion of 5.1 per cent, reflects a strategically resilient economy leveraging domestic strengths amid global uncertainties, according to AmBank Group.

Headline, Core Inflation Edge Lower To 1.8 Pct In 2024

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.

Gold Futures Close Higher After Higher-Than-Expected US Inflation Report

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the inflation report from the United States exceeded expectations, leading to increased safe-haven demand.

MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

Ringgit Ends Higher After Correcting Oversold Position

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.

Bursa Malaysia Slides As US Inflation Data Strengthens Fed Rate-hold Outlook

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia ended with notable declines as the latest United States inflation data strengthened expectations that the Federal Reserve (Fed) would maintain interest rates.

Bursa Malaysia Ends Morning Trade Easier, CI Down 6.23 Pts

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia ended the morning session in negative mode, in sync with most regional bourses, following hotter-than-expected United States (US) inflation data which is likely to delay potential rate cuts by the US Federal Reserve.

Bursa Malaysia Opens Marginally Lower, Hot US Inflation Reading Weighs

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia was marginally lower in early trade Thursday as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.

Ringgit Opens Firmer Against Greenback As DXY Remains Muted 

By Engku Shariful Azni, Fatin Umairah Abdul Hamid & Karina Imran

KUALA LUMPUR, Feb 13 (Bernama) - The ringgit opened slightly higher against the greenback as the US Dollar Index (DXY) remained muted despite the US inflation report coming in higher than expected.

Ample Room For Public Bank To Raise Dividend Payout -- CIMB Securities 

KUALA LUMPUR, Feb 12 (Bernama) -- Public Bank Bhd’s (PBB) dividend yield is likely to climb to above 5.0 per cent from this year despite its flattish share price, said CIMB Securities Sdn Bhd.