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Maybank Lifts Bursa Malaysia To Open Higher

KUALA LUMPUR, Aug 18 (Bernama) -- Bursa Malaysia opened slightly higher on Tuesday, supported by buying interest in heavyweight counters, led by Maybank, despite renewed concerns over geopolitical tensions in West Asia.

Ringgit Strengthens Vs Major Currencies, Little Change Against Greenback

By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.

CPO Futures Close Higher On Stronger Edible Oils, Demand Prospects

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday, supported by firmer prices of other vegetable oils and improving demand prospects.

Malakoff Net Profit Falls To RM31.71 Mln In 2Q 2026

KUALA LUMPUR, Aug 17 (Bernama) -- Malakoff Corporation Bhd’s net profit fell to RM31.71 million in the second quarter ended June 30, 2026 (2Q 2026) from RM62.83 million in the same period last year.

Gold Futures End Higher As US Dollar Weakens, Treasury Yields Fall

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on weaker US dollar and lower US Treasury yields.

99 Speed Mart Net Profit 13.4 Pct Higher To RM163.95 Mln In 2Q 2026

KUALA LUMPUR, Aug 17 (Bernama) -- 99 Speed Mart Retail Holdings Bhd's (99 Holdings) net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 13.4 per cent to RM163.95 million from RM144.63 million a year ago.

Ringgit Closes Higher Against Major And Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 17 (Bernama) -- The ringgit closed higher against major and regional currencies on Monday, including the greenback, as softer US economic data dampened expectations of a US Federal Reserve (Fed) interest rate hike in September.

KLCI Futures End Lower

KUALA LUMPUR, Aug 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Monday.

Alam Maritim Shares Drop 11.53 Pct After Group CEO Remanded By MACC

KUALA LUMPUR, Aug 17 (Bernama) -- Alam Maritim Resources Bhd’s share price fell 11.53 per cent during mid-afternoon trade, following the remand of its group managing director and group chief executive officer Datuk Azmi Ahmad by the Malaysian Anti-Corruption Commission (MACC).

Bursa Malaysia Ends Lower Amid Geopolitical, Global Growth Concerns

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia ended lower on Monday as investor sentiment weakened amid renewed concerns over geopolitical tensions and global economic growth, an analyst said.

Celestica To Create More Than 2,100 Jobs In Malaysia Amid AI, Cloud Demand

GEORGE TOWN, Aug 17 (Bernama) -- Celestica Inc is set to expand its workforce in Malaysia by more than 2,100 employees as global demand for artificial intelligence (AI) infrastructure and cloud computing continues to accelerate.

PIDM Appoints Afiza Abdullah As CEO Effective Aug 28

KUALA LUMPUR, Aug 17 (Bernama) -- Perbadanan Insurans Deposit Malaysia (PIDM) has appointed Afiza Abdullah as its chief executive officer (CEO) for a three-year term, effective Aug 28, 2026, succeeding Rafiz Azuan Abdullah, who has led the organisation for nine years.