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Bursa Malaysia Closes Mixed, CI Ekes Out Small Gain On Bargain Hunting

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the week mixed with the benchmark index climbing 0.08 per cent, as bargain hunting emerged following the recent sell-off, said an analyst.

New Electricity Tariff: Over 23.6 Mln Domestic Users In Peninsular Malaysia To Enjoy Fairer Rates

KUALA LUMPUR, June 20  (Bernama) -- More than 23.6 million domestic users in Peninsular Malaysia will benefit from fairer and more progressive electricity rates due to the newly approved electricity tariff schedule approved by the government, the Energy Commission (EC) announced today.

BNM's International Reserves Rise To US$119.9 Bln

KUALA LUMPUR, June 20 (Bernama) -- The international reserves of Bank Negara Malaysia (BNM) increased marginally to US$119.9 billion (US$1=RM4.24) as at June 13, 2025, from US$119.60 billion recorded as at May 30, 2025.

Rakuten Trade Lowers FBM KLCI 2025 Target To 1,630 Amid Earnings Downgrade

KUALA LUMPUR, June 20 (Bernama) -- Rakuten Trade Sdn Bhd has revised its year-end target for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,630 from its earlier projection of 1,730, in line with the recent downgrades in corporate earnings, said its head of research Kenny Yee Shen Pin. 

Malaysia's Trade Up 2.6 Pct To RM252.48 Bln In May - MITI

KUALA LUMPUR, June 20 (Bernama) -- Malaysia's trade increased by 2.6 per cent in May 2025 to reach RM252.48 billion, marking the 17th consecutive month of year-on-year growth since January 2024, said the Ministry of Investment, Trade and Industry. 

MADANI Economic Reform Agenda Yielding Results

PUTRAJAYA, June 20 (Bernama) – The MADANI economic reform agenda has yielded results, said Prime Minister Datuk Seri Anwar Ibrahim.

Financial Stocks Lift Bursa Malaysia Slightly Higher At Midday

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the morning session slightly higher as buying support in selected heavyweights led by financial stocks lifted the benchmark index, analysts said.

SST Expansion To Have Limited Direct Impact On GDP, Inflation -- RHB IB

KUALA LUMPUR, June 20 (Bernama) -- The Sales and Service Tax (SST) expansion is expected to have a limited direct impact on gross domestic product (GDP) and inflation, as it primarily targets discretionary items and selected service sectors, according to RHB Investment Bank Bhd (RHB IB).

Govt Committed To Reducing National Deficit - Anwar

PUTRAJAYA, June 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said the government is committed to consistently reducing the country's fiscal deficit to ensure a more sustainable economy and to maintain investor confidence.

Malaysia Sharpens Its Focus On Becoming Regional Aerospace And Shipbuilding Hub

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- Malaysia is sharpening its focus on becoming a regional aerospace and shipbuilding hub, banking on high value investment, technical capability and geostrategic positioning to elevate its industrial profile over the next decade.

RHBIB Remains Upbeat On Binastra Corp's Prospect

KUALA LUMPUR, June 20 (Bernama) -- RHB Investment Bank Bhd (RHBIB) remains upbeat on Binastra Corporation Bhd's prospects, projecting earnings to grow at a compound annual growth rate (CAGR) of 132 per cent for three financial years (FYs) between 2025 and 2028.

GST Not Suitable For Implementation Yet Because Rakyat's Income Still Low - PM Anwar

PUTRAJAYA, June 20 (Bernama) -- The Goods and Services Tax (GST) is an efficient and transparent taxation system, but it is not yet suitable for re-implementation because the rakyat’s income threshold is still low, said Prime Minister Datuk Seri Anwar Ibrahim.