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Ringgit Opens Higher Against US Dollar Ahead Of BNM OPR Decision

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as investors awaited Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decision on the Overnight Policy Rate (OPR) later today.

Bursa Malaysia Ends Higher On Bargain Hunting Ahead Of BNM Rate Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday.

MBSB Sees Ringgit Supported By Resilient Fundamentals, Maintains RM4.01 2026 Outlook

KUALA LUMPUR, Sept 2 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects the ringgit to remain supported by Malaysia’s relatively resilient economic fundamentals, although short-term movements are likely to remain sensitive to United States (US) monetary policy expectations and broader risk sentiment.

Bursa Malaysia Extends Gains At Midday Ahead Of BNM Rate Decision

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia remained in positive territory at midday, supported by gains in selected banking stocks, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday.

PHB Expands AHB Fund With 400 Mln New Units

KUALA LUMPUR, Sept 2 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has announced the issuance of 400 million new units of Amanah Hartanah Bumiputera (AHB) for subscription by Bumiputera investors, raising the fund’s total units to 5.4 billion.

Bursa Malaysia Pares Early Gains On Wall Street Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday but pared its gains soon after, tracking Wall Street’s overnight weakness as higher crude oil prices and rising United States (US) bond yields weighed on market sentiment.

IILM’s US$1.353 Bln Short-Term Sukuk Oversubscribed By 2.43 Times 

KUALA LUMPUR, Sept 1 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) today announced the reissuance of US$1.353 billion (US$1=RM4.03) in short-term sukuk, attracting strong and diversified demand from investors across its network of Islamic financial institutions.

Bursa Malaysia Ends Lower Amid Weaker Global Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia ended lower on Tuesday amid broad-based selling, as weaker global sentiment weighed on investor risk appetite.

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.

PNB Merdeka Ventures Eyes More Global Brands From India, China And West Asia - CEO

By M.Saraswathi

KUALA LUMPUR, Sept 1 (Bernama) -- PNB Merdeka Ventures Sdn Bhd is stepping up efforts to attract more global brands from India, China and West Asia to its flagship Menara Merdeka Maybank, chief executive officer Datuk Izwan Hasli Mohd Ibrahim said, citing the building’s strong commercial value.

Petronas' Upstream Capex To Recover In FY2027 Amid Rising Energy Security Investments -- HLIB

KUALA LUMPUR, Sept 1 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) upstream capital expenditure (capex) will recover in the financial year ending Dec 31, 2027, alongside rising energy security investments across the region, said Hong Leong Investment Bank (HLIB) today.

Bursa Malaysia Pares Gains At Opening On Weak Wall Street Cue

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia opened higher on Tuesday but soon pared its gains, tracking Wall Street’s weaker performance yesterday.