1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 9 (Bernama) -- The FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Property prices are expected to rise around three to four per cent this year in the Klang Valley, particularly landed houses in Petaling Jaya, according to real estate services company CBRE WTW Valuation and Advisory Sdn Bhd (CBRE|WTW).
1y ago
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily dragged down by plantation counters.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as investors took profit amid the negative performance of regional peers.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Malaysian economy is expected to maintain a sustainable growth rate of 5.0 per cent in 2025 from an estimated 4.9 per cent in 2024, supported by a stable labour market condition, conducive fiscal and monetary policies amid lingering external uncertainties, said an economist.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) can potentially propel Johor to become the southern growth engine for the economy, said RHB Investment Bank Bhd (RHB IB).
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday’s losses to close higher Tuesday, driven by bargain-hunting amidst the positive momentum on Wall Street overnight and most regional markets.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.
1y ago
By Karina Imran & Mikhail Raj
KUALA LUMPUR, Jan 6 (Bernama) -- Prices of double-storey residential houses in the Klang Valley, especially in Kuala Lumpur (KL) and Petaling Jaya (PJ), are expected to increase by 3.0 per cent to 4.0 per cent this year.
1y ago
KUALA LUMPUR, Jan 6 (Bernama) -- Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd (MIDF).
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- AmBank Group has provided a financing facility of RM498.6 million to Projek Tetap Teguh Sdn Bhd (ProTT) for the development of its automated storage and retrieval system (ASRS) warehouse in Valdor, Penang.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- Malaysia’s banking loan growth is projected at 6.0 per cent in 2025 amid uncertainties in foreign trade policies, said Kenanga Investment Bank Bhd (Kenanga IB).