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Bursa Malaysia Ends Lower On Profit-Taking Despite Positive Market Breadth

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia’s key index closed marginally lower on Tuesday, weighed down by continued profit-taking, although the positive market breadth indicated that selective buying interest remained intact.

Malaysian Lubricant Producer Hyrax Oil Expands Reach Across Five Southeast Asian Markets

BANGKOK, July 21 (Bernama) -- Hyrax Oil Sdn Bhd, a Malaysian producer of lubricants and transformer insulating oils, signed agreements on Tuesday to expand the reach of its Hyrax Estramol ester transformer fluids into Thailand, Cambodia, Laos, Myanmar and Vietnam.

Govt To Develop Fair Formula To Calculate Open Market Value Of Local CKD Vehicles

PETALING JAYA, July 21 (Bernama) -- The government is developing a formula that is fair in calculating the open market value (OMV) or prices of locally assembled completely knocked down (CKD) vehicles in Malaysia.

Malaysia’s 2026 TIV Forecast Revised Up To 800,000 Units On Stronger Demand -- MAA

KUALA LUMPUR, July 21 (Bernama) -- Malaysia’s total industry volume (TIV) is now projected to reach 800,000 units in 2026, up from the earlier forecast of 790,000 units, driven by stronger-than-expected demand, according to the Malaysian Automotive Association (MAA).

HLIB Optimistic On Sunway Property’s Bayshore Drive Development In Singapore

KUALA LUMPUR, July 21 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) viewed Sunway Property Bhd’s project in Bayshore Drive, Singapore positively given the attractive acquisition price.

MN Holdings Shares Rise After Main Market Transfer Nod

KUALA LUMPUR, July 21 (Bernama) -- MN Holdings Bhd’s share price rose after the company received approval from the Securities Commission Malaysia (SC) to transfer its listing to the Main Market of Bursa Malaysia.

Stratus Global Sees order Book Doubling after Main Market Debut

KUALA LUMPUR, July 21 (Bernama) -- Stratus Global Holdings Bhd expects to double its order book within the next 12 months, driven by strong demand from existing and new semiconductor customers, following its listing on the Main Market of Bursa Malaysia today.

Bursa Malaysia Opens Higher On Renewed Foreign Inflows

KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia opened higher on Tuesday, as renewed foreign inflows are expected to continue supporting the recovery of the FTSE Bursa Malaysia KLCI (FBM KLCI).

Ringgit Opens Flat Against US Dollar, Mostly Higher Versus Major Currencies

By Siti Radziah Hamzah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 21 (Bernama) -- The ringgit opened flat against the US dollar but mostly higher against other major currencies on Tuesday, supported by Malaysia’s strong economic data, which helped cushion the impact of heightened global market volatility.

CPO Futures Ends Higher, Tracking Gains In Soybean Oil

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Monday, tracking gains in soybean oil and crude oil prices, amid renewed tension in West Asia, according to a trader.

BYD Sime Motors Launches First BYD Certified Outlet In Asia Pacific

KUALA LUMPUR, July 20 (Bernama) -- BYD Sime Motors has launched BYD Certified, the Chinese electric vehicle (EV) maker's official certified pre-owned vehicle programme, marking the establishment of the first BYD Certified outlet in the Asia Pacific region.

Ringgit Ends Higher Against US Dollar On Robust Economic Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 20 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies on Monday, supported by robust Malaysian economic data that reinforced confidence in the country's economic fundamentals.