Uptrend Seen On Bursa Malaysia Next Week On Stock Rotation Factor

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 27 (Bernama) -- Bursa Malaysia is expected to trade higher next week as investors continue rotating from high-growth technology stocks into blue-chip and defensive sectors amid a more cautious global market environment.

Ringgit To Trade Within RM4.09-RM4.11 Next Week Ahead Of Key Economic Data Releases

By Danni Haizal Danial Donald

KUALA LUMPUR, June 27 (Bernama) -- The ringgit is expected to trade within the RM4.09 to RM4.11 range next week as investors await key economic data releases.

KLCI Futures Likely To Trade Within 1,660-1,690 Range Next Week

KUALA LUMPUR, June 27 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade within the 1,660-1,690 range next week, with volatility likely to persist as investors monitor developments in the global technology sector, geopolitical events and foreign fund flows, an analyst said.

Econpile Wins RM48.8 Mln Contract For KL Serviced Apartment Project

KUALA LUMPUR, June 26 (Bernama) -- Econpile Holdings Bhd has secured a RM48.8 million subcontract from Vestland Infra Sdn Bhd to undertake specialist bored pile and foundation works for a serviced apartment project in Kuala Lumpur.

Bursa Malaysia Trends Lower At Midday Due To Profit-taking

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia trended lower at midday, weighed down by profit-taking, mainly led by the property and healthcare stocks. 

Bursa Malaysia Succumbs To Selling Pressure To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended lower on Thursday as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.

Development Of Low Altitude Economy Sector To Benefit Local Aerospace Industry -- Sim

SERDANG, June 25 (Bernama) -- The development of the low altitude economy (LAE) sector is expected to generate spillover effects on the local aerospace industry’s supply chain when maintenance, repair and overhaul (MRO) companies and critical component manufacturers obtain supplies from local suppliers.

Fewer Than One Pct Of RON95 Users Exceed 200-litre Monthly Quota - Amir Hamzah

KUALA LUMPUR, June 25 (Bernama) -- Fewer than one per cent of the 14 million users registered under the BUDI MADANI RON95 (BUDI95) programme consume more than the 200-litre monthly quota, Finance Minister II Datuk Seri Amir Hamzah Azizan said.

ACCA Mid-Year Tax Focus Conference Calls For Smarter Public-Private Collaboration

KUALA LUMPUR, June 25 (Bernama) -- The Association of Chartered Certified Accountants (ACCA) held its Mid-Year Tax Focus Conference on Wednesday, underscoring the importance of strengthening economic resilience and deepening smarter collaborations between the public and private sectors as Malaysia advances key fiscal reforms amid a period of global uncertainty.

Bursa Malaysia Ends Morning Session In Negative Territory

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia remained in negative territory at midday today as investors took profit while staying cautious amid the lack of fresh market catalysts, analysts said.

Gold Futures Close Lower Ahead of US PCE Data Release

By Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to close lower on Wednesday as investors remain cautious ahead of the United States Personal Consumption Expenditures (PCE) inflation data release tomorrow.