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Economy
CIMB Securities Projects Mobile Industry Revenue To Rise 2-3 Pct In 2026
KUALA LUMPUR, July 24 (Bernama) -- The mobile industry’s revenue is projected to rise slightly by two to three per cent in 2026, driven by market repair, which could help cushion the impact of equity accounting for Digital Nasional Bhd's (DNB) net loss, said CIMB Securities.
Market
CPO Futures End Mostly Higher Amid Steady Energy Prices, B50 Biodiesel Support
By Nurunnasihah Ahmad Rashid
Gold Futures End Lower Ahead Of FOMC Minutes Next Week
KUALA LUMPUR, July 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as investors awaited the release of the Federal Open Market Committee (FOMC) meeting minutes next week.
KLCI Futures Close Lower
KUALA LUMPUR, July 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Friday in line with the cash market.
Ringgit Ends Slightly Lower Against Greenback Amid West Asia Tensions, US Tariffs
By Durratul Ain Ahmad Fuad
Corporate
Bursa Malaysia Reprimands Meridian, Fines Executive Director Over Late Annual Reports
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia Securities Bhd has publicly reprimanded Meridian Bhd and its executive director, Tang Boon Koon, for breaching the Bursa Malaysia Securities Main Market Listing Requirements (Main LR), while Tang was also fined RM8,500.
Malaysia's US$1.5 Bln Global Sukuk Sets Pricing Benchmark, Says CIMB
KUALA LUMPUR, July 24 (Bernama) -- CIMB Group Holdings Bhd said Malaysia's US$1.5 billion Global Sukuk issuance drew strong demand from high-quality global institutional investors and achieved a record-tight spread for a sovereign US dollar Islamic bond, setting a new benchmark in the international sukuk market.
MISC Projected To Post 12 Pct Earnings CAGR Over Three Years - AmInvestment Bank
KUALA LUMPUR, July 24 (Bernama) -- Maritime company MISC Bhd is projected to deliver a three-year earnings compound annual growth rate (CAGR) of 12 per cent, driven by 19 asset additions and stronger contributions from fully owned liquefied natural gas (LNG) carriers, according to AmInvestment Bank Research.