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Bursa Malaysia Extends Gains To End Higher

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia extended its gains to close higher today, supported by strength in telecommunications stocks and a rebound in heavyweight banking counters, which kept the benchmark index in positive territory despite cautious overall market sentiment.

Bursa Malaysia Extends Gains At Midday On Buying In Financial, Telecom Stocks

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia continued its upward trend at midday, driven by strong buying interest in major financial and telecommunications stocks.

More Than RM500 Mln Micro-financing Approved During May 15 To June 26 -- Amir Hamzah

KUALA LUMPUR, July 2 (BERNAMA) -- The government has approved more than RM500 million in micro-financing, benefiting more than 30,000 entrepreneurs between May 15 and June 26, 2026, said Finance Minister II, Datuk Seri Amir Hamzah Azizan.

Co-opbank Pertama Distributes RM104.8 Mln Dividends To Members

KUALA LUMPUR, July 2 (Bernama) -- Co-opbank Pertama (CBP) has announced a dividend rate of 6.5 per cent for the financial year ended Dec 31, 2025, with payment credited to eligible members’ accounts starting today. 

Banks Increasingly Require Firms Seeking Loans To Provide Sustainability Reports -- ESGright

KUALA LUMPUR, July 2 (Bernama) -- It will be hugely advantageous for big companies as well as small and medium enterprises (SMES) to comply with sustainable reporting requirements so that they have access to capital and markets and retain their competitiveness.

Bursa Malaysia Opens Higher

KUALA LUMPUR, July 2 (Bernama) -- Bursa Malaysia opened higher on continued buying interest, underpinned by optimism over the semiconductor and artificial intelligence (AI) supercycle, a dealer said.

SME Bank Appoints Samad Majid Zain As CEO

KUALA LUMPUR, July 2 (Bernama) -- Small Medium Enterprise Development Bank Malaysia Bhd (SME Bank), a subsidiary of Bank Pembangunan Malaysia Bhd (BPMB) group, has appointed Samad Majid Zain as chief executive officer effective July 1, 2026.

Ringgit Opens Slightly Firmer Against Greenback As US Rate Concerns Ease

KUALA LUMPUR, July 2 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday as easing concerns over the United States' monetary policy outlook lifted sentiment following remarks by US Federal Reserve (Fed) officials on interest rates.

Malaysia-Thailand BEZ Development Proposal To Be Negotiated Bilaterally

KUALA LUMPUR, July 1 (Bernama) -- The proposal for the development of the Malaysia-Thailand Border Economic Zone (BEZ) will be negotiated bilaterally with Thailand before being implemented, said the Ministry of Economy.

HSBC Sees 10 Pct Upside For FBM KLCI By Year-end

By Abdul Hamid A Rahman

KUALA LUMPUR, July 1 (Bernama) -- HSBC Private Bank and Premier Wealth has set a year-end target of 1,850 points for the FTSE Bursa Malaysia KLCI (FBM KLCI), implying about 10 per cent upside from current levels.

SC Appoints New Shariah Advisory Council For 2026-2029 Term

KUALA LUMPUR, July 1 (Bernama) -- The Securities Commission Malaysia (SC) has appointed a new seven-member Shariah Advisory Council (SAC) for a three-year term from July 1, 2026, to June 30, 2029.

Bursa Malaysia Reverses Earlier Gains To End Lower

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia’s benchmark index fell 0.43 per cent to close at its intraday low, reversing earlier gains as a wave of late-session selling erased the day's advances.