Bursa Malaysia To Remain Cautious, CI To Trade Within 1,500-1,530 Range Next Week

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, tracking Wall Street’s performance as markets digest signals from the United States (US) Federal Open Market Committee (FOMC), said an analyst.

FBM KLCI Futures Likely To Trade Cautiously Next Week, Tracking Local And US Markets

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously next week, tracking the local bourse and Wall Street’s performances, an analyst said.

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.

OMS Reports Growth, Expansion Ahead Of First Earnings Call

KUALA LUMPUR, June 20 (Bernama) -- OMS Energy Technologies Inc (OMS), a manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG), has issued a business update ahead of its inaugural earnings call following its successful Nasdaq listing in May 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. 

Auto Sector To Have Minimum Impact From SST Expansion -- CIMB Securities

KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.

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).

AkzoNobel Launches New R&D Centre In Nilai

SEREMBAN, June 19 (Bernama) -- AkzoNobel has launched its research and development (R&D) centre in Nilai, reinforcing its long-term commitment to innovation, sustainability and growth in the Southeast Asian region.

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.

Malaysia’s Timber Exports May Gain Edge Due To Higher US Tariffs On Competitors – FRIM Director

By Fatin Umairah Abdul Hamid and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- Malaysia’s timber exports may gain a competitive edge in the American market due to higher tariffs imposed on regional rivals such as Vietnam and Indonesia.

Bursa Malaysia Opens Marginally Lower In Absence Of Catalyst

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia opened marginally lower in the absence of new catalyst, coupled with the closure of Wall Street on June 19, an analyst said.

CPO Futures End Higher On Geopolitical Tensions

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.