Bursa Malaysia Ends Higher On Bargain Hunting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia’s key index ended higher on Wednesday, rebounding from recent losses as oversold conditions spurred bargain hunting.

Rubber Market Ends Higher On Supply Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 30 (Bernama) -- The Kuala Lumpur rubber market ended higher, tracking gains in regional rubber futures markets amid concerns over supply disruptions, said a dealer.

AM Best Assigns B++ Financial Strength Rating To Beibu Gulf Insurance

KUALA LUMPUR, Sept 30 (Bernama) -- Global credit rating agency, AM Best has assigned a financial strength rating of B++ (Good) and a long-term issuer credit rating of “bbb+” (Good) to Beibu Gulf Property & Casualty Insurance Company Ltd (Beibu Gulf Insurance).

FBM KLCI Extends Gains At Midday, Led By Utilities

KUALA LUMPUR, Sept 30 (Bernama) -- The benchmark index for Bursa Malaysia rebounded at midday on bargain hunting in selected heavyweights, led by utilities stocks, although market breadth remained negative.

Bursa Malaysia Rebounds At Opening On Bargain Hunting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia’s key index rebounded to open higher on Wednesday as bargain hunting emerged after recent losses, despite negative cues from Wall Street.

Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.

Bursa Malaysia Ends Sharply Lower On Rising Yields, Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia ended sharply lower on Tuesday as the market succumbed to selling pressure amid surging bond yields and elevated oil prices, which continued to undermine risk appetite.

Bursa Malaysia Lower At Midday Amid Selling In Banking Stocks

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by selling in selected heavyweights particularly banking stocks, in line with the softer Wall Street performance.

BDO Malaysia Calls For Simpler Tax Rules In Budget 2027

By Niam Seet Wei

KUALA LUMPUR, Sept 29 (Bernama) -- Audit firm BDO Malaysia has called on the government to simplify tax rules and reduce compliance costs in Budget 2027 to lower the cost of doing business. 

Budget 2027 Must Enhance People’s Ability To Adapt To AI To Boost Nation’s Competitive Advantage - HR Consultant

By Mikhail Raj Abdullah

KUALA LUMPUR, Sept 29 (Bernama) -- Malaysia must undertake initiatives in Budget 2027 to accelerate the people’s ability to adapt to the dynamics of artificial intelligence (AI) rather than merely adopting it, a move which will help the country raise its competitive advantage.

Bursa Opens Lower On Wall St Weakness As Rising Oil Prices, US Bond Yields Weigh

KUALA LUMPUR, Sept 29 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday, tracking weaker Wall Street performance overnight as rising crude oil prices and US bond yields weighed on sentiment.

Ringgit Opens Slightly Higher Against US Dollar, Major Currencies

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, with elevated geopolitical risks continuing to favour defensive positioning.