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Bursa Malaysia Hits Fresh High Since Mid-October 2018, CI Up 1.4 Pct

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.

Bursa Malaysia Surges To Highest Level Since 2018 At Mid-Afternoon

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.

Bursa Malaysia Extends Gains At Midday Amid Mixed Regional Performance

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its gains at midday on sustained buying interest in selected heavyweight stocks, led by financial counters, amid a mixed regional market performance, said an analyst. 

Saudi Ministers Pitch 'Connector Economy' At WEF Davos

KUALA LUMPUR, Jan 26 (Bernama) -- Saudi Arabia’s ministers at the World Economic Forum (WEF) Annual Meeting in Davos outlined the Kingdom's strategy to become a pivotal "connector economy" amid shifts in global trade, aggressively expanding its tourism sector, and reinforcing its role as a stable partner in finance and emerging technologies.

MTT Shipping And Logistics Gets SC Approval For Main Market Listing

KUALA LUMPUR, Jan 26 (Bernama) -- Maritime logistics services provider MTT Shipping and Logistics Bhd (MTTSL) has obtained approval from Securities Commission Malaysia (SC) for its proposed listing on the Main Market of Bursa Malaysia Securities Bhd.

Infra, HUMAIN Seal US$1.2 Bln Saudi AI Infrastructure Deal

KUALA LUMPUR, Jan 26 (Bernama) -- The National Infrastructure Fund (Infra) and HUMAIN announced a Strategic Financing Framework Agreement of up to US$1.2 billion to expand artificial intelligence (AI) and digital infrastructure projects in the Kingdom of Saudi Arabia. (US$1=RM3.98)

ManageEngine To Open Data Centre In Asean This Year

CHENNAI, Jan 25 (Bernama) -- Zoho Corporation's IT division ManageEngine is planning to open a data centre in the ASEAN region this year.

CPO Futures To Trade In RM3,800-RM3,900 Range Next Week -- Interband Group

KUALA LUMPUR, Jan 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the range of RM3,800 to RM3,900 per tonne next week, a trader said.

Ringgit Likely To Trade Higher Next Week, Aiming To Breach 4.00-Mark Again

By Danni Haizal Danial Donald

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade higher as investors remain constructive towards the local note, aiming to break the 4.00-level again next week.

Bursa Malaysia Poised To Rise Further Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia is expected to rise further next week, supported by steady buying interest and strengthening overall sentiment.

Ringgit's Superlative Performance Driven By Solid Economic Fundamentals Rather Than US Fed Rates – Analysts

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Jan 23 (Bernama) – The MADANI Government’s bold measures to reinforce the economy has proven to be a positive reset, culminating in the ringgit breaking through the psychological barrier of 4.0 versus the US dollar and reaching a more than seven-year high of 3.99 in intra-day trading.

Gold Futures End Higher On Weaker US Dollar

KUALA LUMPUR, Jan 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded from yesterday’s losses to end the week higher, as market sentiment improved amid a weaker US dollar following threats to the independence of the United States Federal Reserve (Fed).