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Bursa Malaysia Higher At Midday, Tracking Wall Street's Performance

KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday, tracking Wall Street’s positive performance amid declining crude oil prices and ongoing Middle East tension, an analyst said. 

Malaysia Poised For Developed, High-income Nation Status - Ahmad Zahid

KUALA LUMPUR, Oct 9 (Bernama) -- Malaysia is on track to achieve the status of a developed and high-income country, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

Ringgit Strengthens 14.4 Pct vs USD In 3Q 2024; One Of The Best Performing Currencies Globally

KUALA LUMPUR, Oct 9 (Bernama) -- The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

Malaysia's Average Rent Climbs 3.9 Pct in 2Q 2024 - Juwai IQI

KUALA LUMPUR, Oct 8 (Bernama) -- The average rent in Malaysia rose 3.9 per cent to RM1,995 in the second quarter (2Q 2024) compared to 1Q 2024, and 2.9 per cent from 2Q 2023, according to IQI Malaysia Home Rental Index report for 2Q 2024, released by Juwai IQI.

World Bank Upgrades Malaysia's Growth Forecast To 4.9 Pct For 2024

By Anas Abu Hassan

KUALA LUMPUR, Oct 8 (Bernama) -- The World Bank Group has upgraded Malaysia's economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, according to Apurva Sanghi, its lead economist for Malaysia.

Bursa Malaysia Opens Lower Amid Cautious Sentiments

 KUALA LUMPUR, Oct 8 (Bernama) -- Bursa Malaysia opened lower today, tracking the broadly lower Wall Street performance as sentiments turned cautious amid rising United States (US) Treasury yields and crude oil prices, an analyst said. 

Bursa Malaysia Higher At Midday

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia ended the morning session firmer today, boosted by positive sentiments following the end of the United States (US) dockworkers strike and the better-than-expected US monthly job data, said an analyst.

Foreign Investors Dispose RM1.1 Bln Worth Of Equities Last Week

KUALA LUMPUR, Oct 7 (Bernama) -- Foreign investors continued to dispose of equities on Bursa Malaysia last week, with net selling at an 18-week high of RM1.10 billion, according to MIDF Amanah Investment Bank Bhd (MIDF).

HLIB, RHB IB Maintain 'Buy' Call On Kossan Rubber Industries

KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.

Trading On Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.

Bursa Malaysia Ends Lower On Concerns Over Middle-East Tension

By Zarul Effendi Razali

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the week on a low note, weighed down by continuous selling in selected heavyweights, led by telecommunications and media counters, due to emerging concerns over global economic uncertainties.

Bursa Malaysia Lower At Midday, Tracking Weaker Regional Market

By Zarul Effendi Razali

KUALA LUMPUR, Oct 4 (Bernama) -- Bursa Malaysia ended the morning session lower today, mirroring the weaker performance in the regional markets as sentiments remained cautious due to the Middle East tensions, said an analyst.