Bursa Malaysia Pares Yesterday's Gains To Open Lower
KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia pared yesterday's gains to open lower on Tuesday, as early selling pressure weighed on market sentiment.
| LATEST NEWS | F1: International Federation of Automobile (FIA) waives USD1 million initial registration fee for Malaysia to host F1 Grand Prix - PM Anwar | Peace and excellent record in hosting international programmes are factors in Malaysia being chosen to host F1 race - PM Anwar | Sultan Nazrin proposes Global Waqf Governance framework as common, voluntarily adoptable set of core principles that any waqf institution can use | Sultan Nazrin calls for wider adoption of digital cash-waqf platforms for transparency | The Statistics Bill 2026 is expected to be gazetted by end-2026, the Department of Statistics Malaysia will be renamed Department of Statistics when the act comes into force -- Akmal Nasrullah | |
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RHB IB Projects Malaysia's 2026 GDP Growth At 4.7 Pct
KUALA LUMPUR, July 6 (Bernama) -- Malaysia's gross domestic product (GDP) is projected to grow 4.7 per cent in 2026, with a modest upside bias, supported by stronger-than-expected export performance, resilient domestic demand and easing external risks, according to RHB Investment Bank Bhd (RHB IB).
Enest IPO Oversubscribed 1.94 Times Ahead Of ACE Market Listing
KUALA LUMPUR, July 6 (Bernama) -- Enest Group Bhd's initial public offering (IPO) has been oversubscribed by 1.94 times, ahead of its listing on the ACE Market of Bursa Malaysia.
Ringgit Ends Lower As Investors Return To US Dollar
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 6 (Bernama) -- The ringgit closed lower against the US dollar on Monday as investors returned to the greenback following its recent pullback after a weaker-than-expected US June employment report.
Bursa Malaysia Ends Higher Lifted By Banking, Plantation Stocks
By Abdul Hamid A Rahman
KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia ended higher on Monday, supported by renewed buying interest in banking and plantation counters.
Rubber Market Closes Mixed, Supported By Regional Futures Gains
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 6 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Monday, supported by gains in regional rubber futures markets and expectations of a new tyre plant in Selangor.
Melaka Inland Port To Drive Economic Growth, Strengthens Logistics Sector
ALOR GAJAH, July 6 (Bernama) -- The RM300 million Melaka Inland Port (MIP) project is expected to be a catalyst for the state’s economic growth by bolstering the logistics and trade sectors and supporting the state government’s aspiration to reach RM10 billion in investments by 2030.
Tax Exemption To TARC Education Foundation Subject To Compliance With Conditions -- MOF
PUTRAJAYA, July 6 (Bernama) -- The tax exemption granted to the TARC Education Foundation is subject to compliance with the conditions stipulated under tax laws, the Finance Ministry (MOF) said.
Bursa Malaysia Extends Gains At Midday
KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia extended its gains at midday, with financial services, healthcare and transportation stocks leading the gains among heavyweights.
Financial Digitalisation Bolstering Malaysia's Food Security Agenda
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 6 (Bernama) -- Digital financial management could become an important enabler of Malaysia’s food security agenda by strengthening the financial resilience of paddy farmers, supporting productivity improvements and ensuring more sustainable domestic rice production.
MRCB Shares Rise In Early Trade On LRT3 Spillover Potential
KUALA LUMPUR, July 6 (Bernama) -- Shares of Malaysian Resources Corporation Bhd (MRCB) rose in early trade today on potential spillover effects from the Light Rail Transit 3 (LRT3) project, including transit-oriented development opportunities along the rail line.
Bursa Malaysia Opens Higher
KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia opened higher today, supported by improved investor sentiment, tracking Wall Street’s mostly positive performance last Friday.