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Kenanga IB: Trade Shifts, AI To Drive Logistics Sector In 2025

KUALA LUMPUR, March 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the domestic logistics sector to sustain steady growth in 2025, driven by the expanding e-commerce industry, the global technology upcycle fuelled by artificial intelligence (AI) demand, and a resilient United States (US) economy.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia remained lower at midday on selling pressure in selected heavyweights, led by the utilities, consumer products and services as well as transportation and logistics sectors.

Bursa Malaysia Ends Lower Mirroring Regional Peers

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia ended lower today tracking the weaker regional market performance.

Sunway Construction Shares Rise 15 Sen At Mid-morning After Securing RTS TOD Contract

KUALA LUMPUR, March 6 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) shares rose at the mid-morning trading session after the company secured a RM1.5 billion contract for construction works related to the Rapid Transit System Transport Orientated Development (RTS TOD) project in Bukit Chagar, Johor.

Bursa Malaysia Ends Higher As Bargain Hunters Step In After Sell-off

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia closed higher today as bargain hunting emerged following the recent sell-off. 

Sunway Construction Secures RM1.5 Bln Contract For RTS TOD Works In Bukit Chagar

KUALA LUMPUR, March 5 (Bernama) -- Sunway Construction Group Bhd has secured a contract worth an estimated RM1.5 billion from Sunway Integrated Properties Sdn Bhd to undertake construction works related to Rapid Transit System Transport Oriented Development (RTS TOD) project in Bukit Chagar, Johor.

Bursa Malaysia Rebounds After Four-Day Losing Streak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia snapped a four-day losing streak to open higher today, supported by selective bargain hunting in the domestic market, despite Wall Street’s weaker overnight performance amid trade war concerns.  

Bursa Malaysia Ends Lower On Cautious Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia ended lower for the third consecutive day today as investors remained cautious ahead of a key trade policy announcement from the United States (US) President Donald Trump.

Bursa Malaysia Turns Mixed At Midday

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia turned mixed at midday, following the broadly positive cues from Wall Street’s performance last Friday as investors brushed off concerns over rising tensions between Ukraine and the United States (US).  

Banking Sector Remains Bullish; Dividend Expected At 5.0-6.0 Pct

KUALA LUMPUR, March 3 (Bernama) -- The Malaysian banking sector remains bullish as it provides  a good shelter from Trump 2.0, said Hong Leong Investment Bank Bhd (HLIB).

Bursa Malaysia Opens Higher, Tracking Wall Street Rally

KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking Wall Street’s rally last Friday, as investors shrugged off concerns over rising tensions between Ukraine and the United States (US).  

CPO Futures Expected To Trade Between RM4,000-RM4,600 A Tonne Until March 31 - Industry Expert

KUALA LUMPUR, Feb 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives (BMD) is expected to trade between RM4,000 per tonne and RM4,600 per tonne from now until March 31, 2025.