BNM Maintains OPR At 2.75 Pct

KUALA LUMPUR, Nov 5 (Bernama) -- Bank Negara Malaysia (BNM) has decided to maintain the Overnight Policy Rate (OPR) at 2.75 per cent following its final Monetary Policy Committee (MPC) meeting of the year today.

AirAsia, Capital A Among Top Active Counters As Oil Prices Ease

KUALA LUMPUR, Nov 5 (Bernama) -- Shares of AirAsia Group Bhd and Capital A Bhd were among the most actively traded counters in early morning trade on Thursday, with both stocks gaining ground amid easing crude oil prices.

Bursa Malaysia Opens Firmer On Improved Global Sentiment

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking Wall Street’s positive overnight performance as improving global sentiment and easing geopolitical concerns lifted investor confidence.

Ringgit Opens Higher Ahead Of Expected OPR Hike

KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Thursday ahead of Bank Negara Malaysia’s (BNM) Overnight Policy Rate (OPR) decision, with expectations of an interest rate hike lending support to the local currency.

CPO Futures Extend Losses As Inventory Concerns Weigh On Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today due to concerns over record-high Malaysian inventories impacting market sentiment.

MyDCD IPO Public Portion Oversubscribed 36.46 Times

KUALA LUMPUR, Nov 4 (Bernama) -- Engineering services provider, MyDCD Bhd’s initial public offering (IPO) portion made available to the Malaysian public was oversubscribed by 36.46 times ahead of its listing on the ACE Market of Bursa Malaysia.

JAG Eyes Growth In Recycling Data Centre, Solar Panel, EV Battery Waste

By K. Naveen Prabu

KUALA LUMPUR, Nov 4 (Bernama) -- Total waste management company JAG Bhd is exploring opportunities to recycle discarded data centre equipment, solar panels and electric vehicle (EV) batteries to broaden its recycling operations.

BMI Sees BNM Holding OPR At 2.75 Pct Through 2027

KUALA LUMPUR, Nov 4 (Bernama) -- BMI expects Bank Negara Malaysia (BNM) to maintain its overnight policy rate (OPR) at 2.75 per cent tomorrow and through 2027, citing resilient economic growth and a manageable inflation outlook.

Rubber Market Ends Lower Tracking Weaker Regional Rubber Futures, Stronger Ringgit

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 4 (Bernama) -- The Kuala Lumpur rubber market closed lower today, tracking losses in regional rubber futures markets and pressured by a slightly stronger ringgit against the US dollar, a dealer said. 

Mercedes-Benz Malaysia To Expands EV Portfolio With All-Electric C-Class

KUALA LUMPUR, Nov 4 (Bernama) -- Mercedes-Benz Malaysia plans to expand its electric vehicle line-up by introducing the all-electric C-Class as it has seen stronger growth in demand for battery electric vehicles (BEVs) in the country. 

Planning Vital To Prevent Constraints In Electricity System -- DPM Fadillah

KUALA LUMPUR, Nov 4 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof has called for timely decisions, coordinated planning and the ability to deliver infrastructure on the electricity system before constraints begin to hold back the country’s growth.

Ringgit Opens Marginally Higher Against US Dollar

KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened marginally higher against the greenback on Wednesday as investors remain cautious ahead of results from the United States (US) midterm elections and Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting tomorrow, said an analyst.