9m ago
KUALA LUMPUR, April 24 (Bernama) -- AmInvestment Bank Bhd has maintained a neutral view on the banking sector, expecting earnings to moderate due to lower net interest margin (NIM), investment and trading challenges, and potential credit cost increases.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia stayed higher at midday on persistent buying activities led by the financial services and the industrial products and services sectors amid optimism over easing United States (US)-China trade tensions and a more consistent tone from US President Donald Trump.
9m ago
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia Bhd, which is scheduled to release its first quarter of 2025 (1Q 2025) financial results on April 28, is expected to record a decline in its net profit by 9.8 per cent to 20.4 per cent quarter-on-quarter (q-o-q) and 17.2 per cent to 26.9 per cent year-on-year (y-o-y) to RM55 million-RM62 million.
9m ago
KUALA LUMPUR, April 24 (Bernama) -- CIMB Investment Bank Bhd (CIMB) expects Bank Negara Malaysia (BNM) to cut the overnight policy rate (OPR) by 25 basis points to 2.75 per cent in July, citing growth concerns following tariffs imposed by the United States (US) on Malaysia and its key trading partners.
9m ago
KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking overnight gains on Wall Street as investor sentiment improved on hopes of easing US-China trade tensions and a more consistent tone from US President Donald Trump.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia rebounded from yesterday’s downbeat performance to end at its intraday high today, driven by bargain hunting, particularly in technology, energy, construction, and consumer stocks.
9m ago
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia remained higher in sync with the upbeat performance of regional peers amid optimism over easing United States (US)-China trade tensions.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia opened higher on Wednesday, tracking overnight gains on Wall Street amid hopes that trade tensions between the United States and China may ease.
9m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia ended lower on selling activities in the financial services and industrial products and services sectors’ heavyweights, amid tensions between US President Donald Trump and Federal Reserve chair Jerome Powell.
9m ago
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia remained in negative territory at midday, pressured by continued selling in financial services and healthcare stocks, amid tensions between United States President Donald Trump and Federal Reserve Chair Jerome Powell.
9m ago
KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight slump as friction between United States President Donald Trump and Federal Reserve (Fed) chair Jerome Powell fuelled investor concern amid a worsening trade war.
9m ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia’s benchmark index closed flat to settle at slightly below the 1,500-mark on Monday as investors balanced persistent global uncertainties with signs of underlying domestic resilience, said an analyst.