Bursa Malaysia Seen Trading In Narrow Range Next Week But With Upside Bias

By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman

KUALA LUMPUR, Aug 15 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week but within the narrow range of 1,740-1,750 points.

Ringgit To Trade Around RM4.07-4.08 With Upside Bias Next Week, Supported By Stronger 2Q GDP

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 15 (Bernama) -- The ringgit is expected to trade around RM4.07 to RM4.08 with an upside bias next week, on sentiment brought about by Malaysia’s gross domestic product (GDP) announcement on Friday.

Advice To Tabung Haji Part Of BNM’s Financial Stability Mandate

By Karina Imran & Danni Haizal Danial Donald

KUALA LUMPUR, Aug 15 (Bernama) -- Bank Negara Malaysia (BNM) emphasised that the advice it provided to the Lembaga Tabung Haji (TH) was part of its financial stability mandate under the Central Bank of Malaysia Act 2009.

Gold Futures End Lower For Two Consecutive Days

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower for the second consecutive day as investors digested United States economic data.

Investment Banks Maintain Positive 2026 GDP Growth Forecasts Of 4.8-5.4 Pct

KUALA LUMPUR, Aug 14 (Bernama) -- Investment banks remained positive on Malaysia’s economic growth outlook for 2026, forecasting gross domestic product (GDP) growth of between 4.8 and 5.4 per cent.

Resintech Subsidiary Secures RM41 Mln Financing For Hostel, Retail Development

KUALA LUMPUR, Aug 14 (Bernama) -- Resintech Bhd's 55 per cent-owned subsidiary, Johan Panglima (M) Sdn Bhd, has secured Commodity Murabahah term financing facilities totalling RM41 million from Alliance Islamic Bank Bhd to redeem land and part-finance a hostel and retail development in Selangor.

Ringgit Firmer Against US Dollar On Stronger-than-expected GDP Growth

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit firmed against the US dollar on Friday as Malaysia’s stronger-than-expected Gross Domestic Product growth for the second quarter of the year (2Q 2026) supported the local currency.

PKNS, Hextar To Develop RM3.8 Billion Township In Siera Alam

SHAH ALAM, Aug 14 (Bernama) -- Hextar Global Bhd through its 70 per cent indirectly owned subsidiary Hextar Landmark Sdn Bhd has partnered with Perbadanan Kemajuan Negeri Selangor (PKNS) to develop an integrated mixed-use development with an estimated gross development value (GDV) of RM3.8 billion in Siera Alam, Shah Alam.

Economists Upbeat On Malaysia’s 2026 Outlook After 6.0 Pct 2Q GDP Growth

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 14 (Bernama) -- Economists have raised their growth expectations for Malaysia’s economy in 2026 following the stronger-than-expected gross domestic product (GDP) performance in the second quarter (2Q) of 2026.

Bursa Malaysia Ends Lower, Selected Sectors Gain After 6 Pct 2Q GDP Growth

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia closed lower on Friday, even as utilities, healthcare, and financial services sectors saw increased buying interest following the release of Malaysia’s second-quarter (2Q) gross domestic product (GDP) data.

Affin Bank's 2Q Net Profit Falls To RM127.52 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- Affin Bank Bhd’s net profit fell by 11.1 per cent to RM127.52 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.48 million in 2Q 2025.

BNM To Review Macro Data Ahead Of MPC Meeting - BNM Governor

KUALA LUMPUR, Aug 14 (Bernama) -- Bank Negara Malaysia (BNM) will review the latest macroeconomic developments ahead of its upcoming Monetary Policy Committee (MPC) meeting in two weeks before deciding its appropriate monetary policy stance.