Bursa Malaysia Opens Higher On Resilient Domestic Fundamentals

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by resilient domestic fundamentals, although cautious sentiment amid the ongoing earnings season might cap gains.

Ringgit Ends Lower Against Greenback Amid 'Economic D-Day' Uncertainty

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit ended lower against the greenback on Monday as the threat of an “economic D-Day” on Iran, policy risks ahead of the Jackson Hole symposium and continued instability in the US Treasury market spurred caution.

Bursa Malaysia Ends Flat As Market Awaits Earnings For Direction

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said.

TH Governance Crucial, With Wider Implications For Domestic Market - Akmal Nasrullah

KUALA LUMPUR, Aug 24 (Bernama) -- The strengthening of the governance of Lembaga Tabung Haji (TH) is important from an economic perspective, taking into account the role and scale of the institution which manages the trust of more than 9.8 million depositors and holds a significant position as an institutional investor in the domestic economy.

Khazanah Seeks More Startups To Scale Via Dana Impak After Skyechip Success

By Karina Imran & Nabilah Saleh

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has seen strong participation from venture capital players in SkyeChip Bhd’s growth and hopes more Malaysian start-ups will take similar steps to scale and tap funding opportunities under its Dana Impak programme.

Shape Memory Medical Closes US$10 Mln Financing For Clinical Trials

KUALA LUMPUR, Aug 24 (Bernama) -- Shape Memory Medical Inc, a California-based global medical device company, has closed a US$10 million convertible note financing led by new investor August Global Partners (AGP), joined by fellow new investor Taiwania Capital. (US$1=RM4.03)

Bursa Malaysia Stays Flat At Midday As Investors Assess Earnings And Corporate Outlook

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia remained flat at midday as investors stayed cautious amid the ongoing earnings season, closely monitoring earnings delivery, asset quality trends and the corporate outlook.

Utilities, Transportation, Healthcare Draw RM230.2 Mln Net Inflows - MBSB IB

KUALA LUMPUR, Aug 24 (Bernama) -- Utilities, transportation and logistics, and healthcare attracted combined net foreign inflows of RM230.2 million into Bursa Malaysia last week, according to MBSB Investment Bank Bhd (MBSB IB).

Bursa Malaysia Opens Higher On Resilient Domestic Demand

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia opened higher on Monday, supported by resilient domestic demand, although trading is expected to remain cautious as the ongoing earnings season keeps investors selective, an analyst said.

Ringgit Opens Higher Against US Dollar, Other Major Currencies

KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday, supported by Malaysia’s strong economic data, an analyst said.

ESG Reporting Opens New Opportunities For Malaysia’s IPO Market

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 23 (Bernama) -- Malaysia’s initial public offering (IPO) market is entering a new phase to strengthen environmental, social and governance (ESG) disclosures as companies are required to provide more detailed information on their sustainability performance.

Bursa Malaysia Likely To Trade With An Upside Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, with the benchmark index seen within the 1,725-1,750 range next week, an analyst said.