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Bursa Malaysia Ends Lower Due To Selling Pressure On Financial Services Heavyweights

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index ended lower today, dragged down by continued selling pressure on selected heavyweights, led by the financial services sector.  

Jiangsu's GDP Growth Outpaces National Average, Boosting China's Economy - CGTN

KUALA LUMPUR, March 6 (Bernama) -- Jiangsu Province has achieved a 5.8 per cent growth in its gross domestic product (GDP) in 2024, surpassing the national average by 0.8 percentage points.

Malaysia-Arm Deal To Drive Semiconductor Growth

KUALA LUMPUR, March 6 (Bernama) -- Malaysia's partnership with United Kingdom-based Arm Holdings Plc (ARM) will help to elevate Malaysia into a high-value economy, igniting the front-end semiconductor ecosystem while fostering growth of local semiconductor firms over the long term.

FBM KLCI Stays Lower At Midday, Broader Market's Momentum Positive

KUALA LUMPUR, March 6 (Bernama) -- Bursa Malaysia’s benchmark index stayed in negative territory at midday due to persistent selling activities in selected heavyweights, led by the financial services sector. 

Ringgit Climbs 170 Pips Versus Greenback In Early Trade

KUALA LUMPUR, March 6 (Bernama) -- The ringgit extended its positive run against the US dollar today as a result of a weakening greenback following greater uncertainties on the US government’s import tariffs that led to weak business and consumer sentiment, an analyst said. 

Capcom's Monster Hunter Wilds Charges To 8 Mln Units Sold In 3 Days

KUALA LUMPUR, March 5 (Bernama) -- Capcom Co Ltd announced that worldwide sales of Monster Hunter Wilds, released on Feb 28, have surpassed eight million units in three days, marking the fastest a title has reached this milestone in the company’s history.

Bursa Malaysia Higher At Midday As Bargain Hunters Step In, CI Up 0.67 Pct

KUALA LUMPUR, March 5 (Bernama) -- Bursa Malaysia maintained its uptrend momentum at midday, boosted by bargain hunting in the domestic market, with continued buying activities in selected heavyweights, led by the financial services, utilities and industrial and product services sectors.   

Malaysia's Commercial Real Estate Transactions On The Rise, Mirroring Global Trend - Knight Frank

KUALA LUMPUR, March 5 (Bernama) -- Malaysia has seen an uptick in commercial real estate (CRE) transactions, driven by high-net-worth individuals (HNWIs) and institutional investors seeking long-term value, mirroring the global trend, said Knight Frank Malaysia.

Malaysia To Invest US$250 Mln Over Next Decade Via Strategic Collaboration With Arm Holdings

KUALA LUMPUR, March 5 (Bernama) -- Malaysia will invest US$250 million (US$1= RM4.44) over the next decade, leveraging on Arm Holdings Plc's expertise, to create a new ecosystem in the artificial intelligence (AI) and semiconductor industry through a strategic collaboration with the United Kingdom-based company. 

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.  

Govt To Determine Any Laws Breached In Alleged Shipment Of US-sanctioned AI Chips - MITI

KUALA LUMPUR, March 4 (Bernama) -- The government is taking necessary actions to establish whether Malaysian laws had been breached in the alleged shipment of United States (US)-sanctioned artificial intelligence (AI) chips from Singapore to Malaysia, said the Ministry of Investment, Trade and Industry (MITI).

Bursa Malaysia Lower At Midday, CI Down 0.88 Pct

KUALA LUMPUR, March 4 (Bernama) -- Bursa Malaysia stayed in the red at midday as investors braced for an impending escalation in the global trade war, following the United States’ (US) confirmation of its tariff imposition on Mexico, Canada and China, effective today.