KLCI Futures Close Mostly Higher

KUALA LUMPUR, July 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday in line with the cash market. 

Ringgit Ends Easier Against Greenback Amid West Asia Tensions

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 23 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday as escalating tensions in West Asia fuelled expectations of a potential United States (US) interest rate hike, supporting the greenback.

Bursa Malaysia Snaps 3-Day Losing Streak To End Higher

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties.

KIP REIT Posts Higher FY2026 Net Profit Of RM145.30 Mln, Revenue At RM177.10 Mln

KUALA LUMPUR, July 23 (Bernama) -- KIP Real Estate Investment Trust's (KIP REIT) net profit rose to RM145.30 million in the financial year ended June 30, 2026 (FY2026) compared with RM115.14 million registered in the preceding year.

Pavilion REIT Records Higher Net Profit Of RM89.03 Mln In 2Q FY2026

KUALA LUMPUR, July 23 (Bernama) -- Pavilion Real Estate Investment Trust (REIT) has recorded a higher net profit for the second quarter ended June 30, 2026 (2Q FY2026) of RM89.03 million against RM78.66 million in the same quarter last year.

Zecon Unit Wins RM328 Mln EPCC Contract For Sarawak Solar Project​​​​​​​

KUALA LUMPUR, July 23 (Bernama) -- Zecon Bhd's (Zecon) wholly-owned subsidiary, Zecon Renewables Sdn Bhd has been awarded a RM328 million engineering, procurement, construction and commissioning (EPCC) contract from fellow subsidiary Zecon Renewables (Sarawak) Sdn Bhd.

Kerjaya Prospek Unit Secures RM52.5 Mln Subcontract In Klang Valley

KUALA LUMPUR, July 23 (Bernama) -- Kerjaya Prospek Group Bhd’s (KPGB) wholly-owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM52.5 million subcontract for the execution and completion of civil, structural and basic low-voltage mechanical and electrical (M&E) works.

ITC Infotech Partners Google Cloud To Advance Agentic AI Transformation

KUALA LUMPUR, July 23 (Bernama) -- ITC Infotech, a technology services and solutions provider, has partnered with Google Cloud to accelerate its internal transformation into an agentic-first enterprise and drive AI-powered growth for its global customers.

National Petroleum Reserve Establishment Timely Amid Recurring Geopolitical Tensions - Analysts

By Siti Radziah Hamzah

KUALA LUMPUR, July 23 (Bernama) -- Malaysia’s move to study the establishment of a national petroleum reserve (NPR) is timely as recurring geopolitical tensions around key global shipping routes underscore the need to strengthen the country’s long-term energy resilience, said analysts.

Assessment Of Strategic Stockpile Needs Key To Extending National Petroleum Supply Resilience

KUALA LUMPUR, July 23 (Bernama) -- Measures to diversify supply sources and assess strategic stockpiling needs are crucial for extending the resilience of the country's petroleum supply beyond the current operational period, according to the Ministry of Economy.

Rubber Market Ends Higher On Gains In Regional Futures, Surge In Oil Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 23 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, tracking gains in regional rubber futures markets and a surge in crude oil prices.

Mavenir’s Cloud-Native IMS And Voice Services Rated Very Strong By GlobalData

KUALA LUMPUR, July 23 (Bernama) -- Software company Mavenir announced that its MAVcore Cloud-Native IMS and Voice Services received a Very Strong rating in GlobalData’s 2026 IMS and Voice Core: Competitive Landscape Assessment.