Ringgit Rises Further Versus US Dollar, Major And Regional Currencies

By Danni Haizal Danial Donald

KUALA LUMPUR, June 26 (Bernama) -- The ringgit has continued to strengthen against the US dollar, other major currencies and ASEAN peers on Friday, shrugging off the impact of stronger-than-expected United States (US) economic data.

KLCI Futures Close Higher In Line With Cash Market

KUALA LUMPUR, June 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher in line with the better cash market performance. 

Bursa Malaysia Ends Slightly Higher As Late Rebound In Banking Stocks Lifts Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia reversed earlier losses to settle slightly higher on Friday, supported by a late rebound in banking stocks that lifted the benchmark index into positive territory just minutes before the market closed, an analyst said. 

Enest Group Eyes RM15.11 Mln IPO Proceeds To Repay Debt, Fund Operations

KUALA LUMPUR, June 26 (Bernama) -- LEAP Market-listed Enest Group Bhd aims to raise RM15.11 million from its initial public offering (IPO) as part of its transfer to the ACE Market of Bursa Malaysia Securities Bhd.

Ringgit Opens Marginally Lower As Strong US GDP Supports Dollar

KUALA LUMPUR, June 26 (Bernama) -- The ringgit opened marginally lower against the US dollar on Friday as stronger-than-expected US economic data boosted the greenback.

Gold Futures End Lower For Third Day Running

By Danni Haizal Danial Donald

KUALA LUMPUR, June 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower for a third consecutive day on Thursday, weighed down by expectations of higher United States (US) interest rates following the release of the US Personal Consumption Expenditures (PCE) inflation data later tonight.

KLCI Futures Close Lower

KUALA LUMPUR, June 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today in line with the weaker cash market.

Ringgit Continues Stellar Performance, Ends Higher For Third-consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, June 25 (Bernama) -- The ringgit continued its uptrend for the third consecutive day, closing higher against the US dollar, major currencies and ASEAN peers on Thursday as investors await the United States (US) Personal Consumption Expenditures (PCE) inflation data later tonight.

Bursa Malaysia Succumbs To Selling Pressure To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended lower on Thursday as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said.

YTL AI Labs Powers Yes To Become Malaysia’s AI-First Telco 

KUALA LUMPUR, June 25 (Bernama) -- YTL Power International Bhd’s Artificial Intelligence (AI) Labs (YTL AI Labs) has partnered with YTL Communications’ mobile operator Yes to bring ILMUchat, Malaysia’s AI, to expand access to advanced AI technologies for Malaysians nationwide.

Development Of Low Altitude Economy Sector To Benefit Local Aerospace Industry -- Sim

SERDANG, June 25 (Bernama) -- The development of the low altitude economy (LAE) sector is expected to generate spillover effects on the local aerospace industry’s supply chain when maintenance, repair and overhaul (MRO) companies and critical component manufacturers obtain supplies from local suppliers.

ACCA Mid-Year Tax Focus Conference Calls For Smarter Public-Private Collaboration

KUALA LUMPUR, June 25 (Bernama) -- The Association of Chartered Certified Accountants (ACCA) held its Mid-Year Tax Focus Conference on Wednesday, underscoring the importance of strengthening economic resilience and deepening smarter collaborations between the public and private sectors as Malaysia advances key fiscal reforms amid a period of global uncertainty.