1d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.
2d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia was flat at midday amid mild selling pressure as investors remained cautious, weighing prospects for United States (US)-Iran diplomatic talks against elevated oil prices and bond yields, alongside a hawkish US Federal Reserve, an analyst said.
5d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Oversea-Chinese Banking Corporation Ltd (OCBC Bank) expects a modest “fiscal slippage” of 0.1 per cent of gross domestic product (GDP) in 2026 for Malaysia, with its fiscal deficit forecast for the country at 3.6 per cent of GDP versus the budgeted 3.5 per cent.
5d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia remained slightly lower at midday as profit-taking emerged in selected heavyweight counters, led by industrial products, banking and telecommunications stocks, in line with the mixed regional and global market trends.
6d ago
KUALA LUMPUR, Sept 24 (Bernama) -- The upcoming Budget 2027 is likely to prioritise measures to boost private consumption and cushion the economy from external shocks amid underwhelming domestic demand in the first half of this year, said an economist.
6d ago
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking weaker Wall Street performance amid rising US Treasury yields and hawkish remarks from US Federal Reserve (Fed) officials.
9d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Budget 2027 should keep expenditure policy growth-supportive while preserving gradual fiscal consolidation, said Kenanga Investment Bank Bhd (Kenanga IB).
9d ago
KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia ended slightly higher on Monday, supported by bargain hunting in selected blue chips as concerns over the West Asia conflict eased amid retreating oil prices.
11d ago
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia’s benchmark index is expected to remain cautious next week, with investor sentiment likely to be shaped by the Federal Reserve’s latest policy decision, developments in West Asia, oil prices and shifts in US interest rate expectations.
12d ago
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s key index saw interspersed buying and selling before ending the morning session in the red, as sentiment was cautious due to the Federal Reserve’s hawkish stance, elevated United States Treasury yields and persistent foreign selling.
12d ago
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday as lower oil prices, easing United States (US) Treasury yields and resilient labour market data encouraged bargain hunting in technology and semiconductor shares after the index closed 0.26 per cent lower yesterday, an analyst said.
13d ago
KUALA LUMPUR, Sept 17 (Bernama) -- Capital A Bhd and AirAsia Group Bhd emerged among the top three active counters, following reports of potential government intervention in AirAsia’s domestic operations amid concerns over its financial health.