President Xi’s Visit To Malaysia Signals Stronger Malaysia-China Ties, Boosts Economic Prospects - MIDF

KUALA LUMPUR, April 15 (Bernama) -- The visit of China's President Xi Jinping to Malaysia highlights China's commitment to strengthening ties with ASEAN, advancing regional cooperation, and deepening the bilateral relations between Malaysia and China. 

Foreign Investors Pull US$5.87 Bln From Asian Markets

KUALA LUMPUR, April 14 (Bernama) -- Foreign investors continued their net selling in Asian markets for the second consecutive week, with total outflows amounting to US$5.87 billion (US$1 = RM4.41), led by heavy sell-offs in South Korea and India.

Top 30 FBM KLCI Stocks Likely To Stay Unchanged - MIDF

KUALA LUMPUR, April 14 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the top 30 blue chips to remain unchanged in the upcoming semi-annual review of the FTSE Bursa Malaysia (FBM) KLCI in June this year.

MIDF Maintains Retail Sales Growth Forecast Of 4.6 Pct In 2025

KUALA LUMPUR, April 11 (Bernama) -- MIDF Amanah Investment Bank Bhd is maintaining its forecast of retail sales growth of 4.6 per cent in 2025, down from the 5.5 per cent expansion recorded in 2024.

Palm Oil Stock Level Likely To Increase Further This Month

KUALA LUMPUR, April 11 (Bernama) -- Palm oil stock level will likely rise further in April 2025 on the back of weak crude oil prices, an absence of festive-driven demand and natural cyclical patterns.

PNB To Strengthen Portfolio By Exiting Legacy Investments

By Karina Imran

KUALA LUMPUR, April 9 (Bernama) -- Permodalan Nasional Bhd (PNB) is looking to exit its positions in legacy investments, allowing it to strengthen other asset classes, including fixed income, said its deputy president and group chief executive officer, Datuk Rick Ramli.

Foreign Investors Pull RM31.68 Bln From Asian Markets, South Korea Sees Heaviest Selling

KUALA LUMPUR, April 7 (Bernama) -- Foreign investors returned to net sellers last week across eight Asian markets, reversing their single-week buying streak, recording a heavy net outflow of US$7.12 billion (RM31.68 billion, US$1 = RM4.45), with South Korea and India experiencing the heaviest selling pressure.

Reciprocal Tariff Impact On Malaysia's Construction Sector Is Minimal -- MIDF

KUALA LUMPUR, April 7 (Bernama) --  The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.

Ringgit Up 0.8 Pct Vs US Dollar In First Three Months Of 2025 -- MIDF

KUALA LUMPUR, April 2 (Bernama) -- The ringgit appreciated against the US dollar by 0.8 per cent year-to-date in the first three months of this year, said MIDF Amanah Investment Bank Bhd. 

Banking Sector Poised For Strong Loan Growth On Infra Projects, JS-SEZ, Renewable Energy Investments – MIDF

KUALA LUMPUR, April 2 (Bernama) -- The banking sector’s loan growth prospects remain strong, buoyed by a combination of major infrastructure projects like the Johor-Singapore Special Economic Zone and renewable energy investments, said MIDF Amanah Investment Bank Bhd.

Foreign Investors Return To Asian Markets With US$93.8 Mln Net Inflow - MIDF

KUALA LUMPUR, April 2 (Bernama) -- Foreign investors returned to the Asian market with a modest net inflow of US$93.8 million last week, after a four-week selling streak with only India and Indonesia registering net foreign inflows.

Petronas Gas Shares Down 1.30 Pct On Pipeline Fire Incident

KUALA LUMPUR, April 2 (Bernama) -- The share price of Petronas Gas Bhd (PGB) fell by 1.30 per cent in early trade today after the massive gas pipeline fire yesterday in Putra Heights, Selangor, which caused widespread damage and prompted an emergency evacuation of residents in the affected area.