6d ago
KUALA LUMPUR, Jan 15 (Bernama) -- Malaysia’s steady fiscal trajectory and stable economic growth have positioned the country as an attractive destination for foreign investment, particularly in sectors such as infrastructure, financial services, and renewable energy, according to Moomoo chief market strategist for Southeast Asia Isaac Lim.
6d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit closed lower on Thursday as the US dollar strengthened against other major currencies, following news that Donald Trump has no plans to remove the current Federal Reserve (Fed) chairman.
6d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 15 (Bernama) -- Bargain hunting in heavyweight financial services counters lifted Bursa Malaysia’s benchmark index from earlier losses to an intraday high, a level not seen in more than six years, even as regional sentiment remained mixed.
6d ago
KUALA LUMPUR, Jan 15 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) projects the FBM KLCI to reach 1,730 by end-2026 under its base-case scenario, while its bull-case scenario sees the benchmark index rising to 1,850.
7d ago
KUALA LUMPUR, Jan 15 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, while gross domestic product (GDP) is projected to grow by 4.3 per cent, said Small and Medium Enterprise Development Bank Malaysia Bhd (SME Bank).
7d ago
KUALA LUMPUR, Jan 15 (Bernama) -- FBM KLCI futures opened lower on Thursday, tracking declines in the underlying cash market.
7d ago
KUALA LUMPUR, Jan 15 -- (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed by mild profit-taking after recent gains and tracking weaker overnight cues from Wall Street.
7d ago
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit edged marginally higher against the US dollar on Thursday, underpinned by easing United States Treasury yields that weighed on the greenback as markets priced in a more accommodative Federal Reserve policy stance.
7d ago
KUALA LUMPUR, Jan 14 (Bernama) -- The flip side of concerning global risks has led countries like Malaysia to form new alliances and pursue regional multilateral or bilateral trade agreements to cushion the impact, especially after the United States tariff implementation, said World Economic Forum (WEF) managing director Saadia Zahidi.
7d ago
By Muhammad Fawwaz Thaqif Nor Afandi and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, weighed down by news that Indonesia has scrapped the B50 biodiesel programme this year, amid elevated stock levels, a trader said.
7d ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit closed 0.2 per cent firmer against the US dollar on Wednesday, supported by sustained portfolio inflows into Malaysian bonds and equities, reflecting confidence in domestic-demand growth, stable policy settings, and attractive real yields.
7d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia’s benchmark index closed marginally higher today, supported by late buying interest in selected blue-chip stocks that lifted the market into positive territory by the end of the session.