Bursa Malaysia Ends Lower On Profit-taking, Earthquake In Myanmar Shakes Investor Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia closed lower today on profit-taking after a strong three-day rally, and investor sentiment was further shaken in the late afternoon session following news of an earthquake in Myanmar with tremors felt in neighbouring Thailand, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.

Rubber Market Ends Lower Amid Regional Rubber Futures Losses

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 28 (Bernama) -- The Malaysian rubber market closed lower on Friday, weighed down by losses in the regional rubber futures markets as investors remained cautious ahead of United States (US) President Donald Trump's tariff agenda.

Bursa Malaysia Opens Lower, Tracking Wall Street Losses

KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia opened lower in early trade, tracking overnight losses on Wall Street, analysts said.  

CPO Futures Reverse Earlier Losses To End Higher

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives recouped earlier losses to close higher on Thursday on improved market sentiment.

Rubber Market Extends Losses Amid Weaker Oil Prices, Trade Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 27 (Bernama) -- The Malaysian rubber market extended its losses on Thursday amid mixed performance in regional rubber markets and declines in benchmark crude oil prices, said a dealer.

Local Rubber Market Closes Lower On Stronger Ringgit

KUALA LUMPUR, March 26 (Bernama) -- The Malaysian rubber market closed lower on Wednesday, weighed down by a stronger ringgit against the US dollar following weak US economic data, said a dealer.

Velesto Proposes RM1.2 Bln capital Reduction To Strengthen Finances

KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.

Public Bank Extends Loan Repayment Relief To Customers Affected By Johor Floods

KUALA LUMPUR, March 25 (Bernama) -- Public Bank and Public Islamic Bank are extending repayment relief to their loan and financing customers affected by the recent floods in Johor.

US Tariffs On Mexico, Canada, China Create Opportunities For Malaysian Exporters To Boost US Shipments - MITI

KUALA LUMPUR, March 24 (Bernama) -- The introduction of tariffs by the United States (US) on Mexico, Canada, and China could open opportunities for Malaysian exporters to increase production and double their exports to the US.

Banks' Capital Buffers Strong Enough To Absorb Business Credit Losses – BNM

KUALA LUMPUR, March 24 (Bernama) -- Stress tests conducted by Bank Negara Malaysia (BNM) affirmed that banks’ capital buffers are sufficient to absorb a potential increase in credit losses from the business sector under adverse stress scenarios.

Bank Deposits Growth Slows To 3 Percent In 2H 2024 On Rising Costs, Debt Repayment - BNM

KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.

Financial Institutions Remain Vigilant Against Operational Disruptions - BNM

KUALA LUMPUR, March 24 (Bernama) -- Financial losses from operational risks reported by financial institutions continued to be small in the second half of 2024 (2H 2024), accounting for only 0.03 per cent of total banking system capital compared to 0.05 per cent in the first six months.