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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.

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.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia remained higher at midday, supported by buying interest in selected heavyweights, particularly in the telecommunications and media, utilities, and industrial products sectors.

Kenanga IB Maintains Ringgit Forecast Of RM3.95 To US Dollar By Year-end

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has retained its ringgit forecast of RM3.95 to the US dollar by year-end, underpinned by resilient growth, a sustained current account (CA) surplus and record foreign-currency deposits.

PublicInvest Raises 2026 GDP Growth Forecast To 5.4 Pct On Strong 2Q Results

KUALA LUMPUR, Aug 17 (Bernama) -- Malaysia’s stronger-than-expected second quarter (2Q) economic growth has prompted Public Investment Bank Bhd (PublicInvest) to raise its 2026 gross domestic product (GDP) forecast to 5.4 per cent year-on-year (y-o-y) from 4.6 per cent.

Malaysia's Current Account Surplus To Remain Firm At 2.1 Pct Of GDP In 2026 - Kenanga IB

KUALA LUMPUR, Aug 17 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects Malaysia’s 2026 current account to remain firmly in surplus, maintaining a forecast at 2.1 per cent of gross domestic product (GDP), compared with 1.6 per cent in 2025.

CelcomDigi Shares Up 4.57 Pct Despite Lower Profit

KUALA LUMPUR, Aug 17 (Bernama) -- CelcomDigi Bhd’s share price rose 4.57 per cent in early trading on Monday, despite recording a lower net profit for the second quarter of 2026 (2Q 2026).

Maxis Shares Up 2.16 Pct In Early Trade

KUALA LUMPUR, Aug 17 (Bernama) -- Maxis Bhd’s share price was up by 2.16 per cent in early trade on Monday, after it recently announced a stronger net profit in the second quarter of 2026 (2Q 2026).

RM158.4 Mln Net Inflows From Transportation, Telecommunications, Energy Sectors - MBSB IB

KUALA LUMPUR, Aug 17 (Bernama) -- Transportation and logistics, telecommunication and media as well as energy sectors have attracted a combined net inflow of RM158.4 million into Bursa Malaysia last week, according to MBSB Investment Bank Bhd (MBSB IB).

IDFC FIRST Bank Receives Inaugural Investment-Grade Ratings From S&P

KUALA LUMPUR, Aug 17 (Bernama) -- IDFC FIRST Bank, one of India's fast-growing private banks, has received its inaugural international investment-grade issuer credit ratings from S&P Global Ratings, with a ‘BBB-’ long-term rating and ‘A-3’ short-term rating, both with a stable outlook.

Bursa Malaysia Opens Lower On Profit-Taking

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia opened lower on Monday as profit-taking emerged following a decent run-up in previous sessions.

Institutional Maturity, Policy Consistency Pillars Of Economic Resilience

By Mohd Fharkhan Abdul Ghapar dan Nor Azeera Adam

KUALA LUMPUR, Aug 15 (Bernama) -- The ability of national institutions to continue functioning professionally and the consistency of policies have become key strengths for Malaysia in maintaining economic resilience and investor confidence, despite the dynamic domestic political environment.