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Ringgit Closes Higher As Tension In Strait Of Hormuz Eases

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- The ringgit continued its upward momentum on Tuesday, closing higher against the US dollar as news of some ships being allowed safe passage through the Strait of Hormuz eased demand for safe haven assets and lifted regional currencies.

Gold Futures Close Firmer, Tracking US COMEX Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly higher on Tuesday, tracking gains in the US COMEX gold market.

Kuala Lumpur Rubber Market Stays Mixed, Tracking Regional Futures

KUALA LUMPUR, March 17 (Bernama) -- The Kuala Lumpur rubber market extended its mixed performance for the third consecutive trading day on Tuesday, tracking regional rubber futures, a trader said.

Bursa Malaysia Rebounds On Bargain Hunting, In Sync With Positive Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance. 

Kioxia Unveils High-Performance SSD For AI Workloads

KUALA LUMPUR, March 17 (Bernama) -- Kioxia Corporation, a leader in memory solutions, has announced the development of a Super High (input/output operations per second) IOPS solid-state drive (SSD) designed to enhance artificial intelligence (AI) systems by enabling graphics processing units (GPUs) to directly access high-speed flash memory.

Checkmarx Unveils AI-Native Security Platform

KUALA LUMPUR, March 17 (Bernama) -- Checkmarx, a leader in agentic application security, has unveiled its new Checkmarx One platform built for the new era of artificial intelligence (AI) development.

CompAsia Targets RM400 Mln-500 Mln Main Market IPO In 1H 2027

By Niam Seet Wei

KUALA LUMPUR, March 17 (Bernama) -- Integrated refurbished technology leader CompAsia Sdn Bhd is set to launch its Main Market initial public offering (IPO) on Bursa Malaysia in the first half of 2027 (1H 2027), aiming to raise around RM400 million to RM500 million, with a valuation of about RM2 billion.

Bursa Malaysia Stays Higher At Midday Amid Upbeat Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia stayed higher at midday in line with the upbeat regional market performance, supported by continued buying interest in selected heavyweights led by the financial services as well as industrial products and services sectors.

Domestic Sectors Hold Resilient Amid Oil Volatility - Maybank IB

KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s domestic sectors are expected to remain resilient despite near-term market jitters, Maybank Investment Bank Bhd (Maybank IB) said.

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.

FBM KLCI Continues Upward Momentum At Midday In Line With Upbeat Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia continued its upward momentum at midday, in line with the upbeat regional market performance and supported by continued buying interest in selected heavyweights, led by the financial services and industrial products and services sectors.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia opened higher on Tuesday, buoyed by Wall Street gains and supported by broad-based buying across regional markets.