Bursa Malaysia Ends Higher As YTL, Banking Counters Lift Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying interest mainly focused on YTL-related and banking counters, an analyst said.

Automotive Component Makers Urged To Venture Into Humanoid Robotics, Firms To Get More Incentives For Localisation, R&D

KUALA LUMPUR, Aug 26 (Bernama) -- Deputy Minister of Investment, Trade and Industry, Sim Tze Tzin, has urged the local automotive components sector, particularly manufacturers of critical parts, to venture into the next frontier of technology by exploring opportunities in humanoid robotics.

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.

Sime Darby Property 1H 2026 AUM Reaches RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s assets under management (AUM) have grown to RM5 billion in the first half of 2026 (1H 2026) as the property developer continues to scale its recurring income portfolio while maintaining a resilient balance sheet.

Guan Chong's Net Profit Soars To RM253.02 Mln In 2Q

KUALA LUMPUR, Aug 24 (Bernama) -- Guan Chong Bhd's net profit surged to RM253.02 million in the second quarter (2Q) ended June 30, 2026 compared with RM48.20 million in 2Q last year.

SunCon 2Q Net Profit Rises To RM103.58 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the second quarter ended June 30, 2026 (2Q 2026) increased to RM103.58 million from RM83.89 million a year earlier, driven by contributions from all segments.

WCE Holdings Expects Positive Cash Flow, To Breakeven By Fy2030

PETALING JAYA, Aug 25 (Bernama) -- West Coast Expressway (WCE) toll concessionaire, WCE Holdings Bhd expects to achieve positive cash flow and breakeven by financial year 2030 (FY2030)

Sime Darby Property's 2Q Net Profit Rises To RM322.03 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s net profit rose to RM322.03 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.54 million in the same quarter a year ago.

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.

Petronas Dagangan Net Profit Rises To RM387.21 Mln In 2Q 2026, Declares 25 Sen Dividend

KUALA LUMPUR, Aug 24 (Bernama) -- Petronas Dagangan Bhd’s net profit rose to RM387.21 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM265.53 million in the same quarter a year ago.

MATRADE Raises MIHAS 2026 Sales Target To RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has raised its sales target for the 22nd Malaysia International Halal Showcase (MIHAS 2026) to RM5 billion from RM4.5 billion, following strong interest from international buyers.

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.