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Economic
Ringgit opens higher as US$ takes a breather
KUALA LUMPUR: The ringgit opened higher against the US dollar after the greenback had eased amidst growing concerns about the United States Federal Reserve’s (Fed) direction and China’s economy, said analysts.
At the same time, all eyes…
Malaysia’s GDP in focus amid downturn in investor sentiment
KUALA LUMPUR: After a sharp downturn in investor sentiment, the market will be turning to Malaysia's economic report due out at noon with hopes pinned on a better-than-expected result.
Following the previous session's sharp profit-taking,…
Investors take profit as Fed minutes disappoint
KUALA LUMPUR: While Wall Street's decline overnight might put a cap on investor optimism, the outperformance of the domestic market in the previous session was reflective of the sustained foreign buying in local equities.
As at midweek,…
Trading ideas: Seacera, MAHB, S P Setia, MMHE, Sam Engineering, SeGi, Eversendai and Velesto Energy
KUALA LUMPUR: Stocks that could come on investors' radar screen include Seacera, MAHB, S P Setia, MMHE, Sam Engineering, SeGi, Eversendai and Velesto Energy, said Apex Research.
Seacera Group Bhd will exit from its PN17 status after it was…
S P Setia rekod jualan kukuh RM2.56 bilion
KUALA LUMPUR: S P Setia Bhd merekodkan prestasi kewangan yang kukuh pada separuh pertama 2023 dengan jumlah jualan sebanyak RM2.56 bilion.
Presiden dan Ketua Pegawai Eksekutif S P Setia, Datuk Choong Kai Wai, berkata daripada jumlah itu,…
Maybank perkenal kad kredit mesra alam pertama ASEAN
KUALA LUMPUR: Maybank memperkenalkan kad kredit myimpact, kad perbankan mesra alam pertama seumpamanya di ASEAN.
Pengenalan kad kredit Maybank myimpact Visa Signature dan kad kredit Maybank Islamic myimpact Mastercard Platinum yang…
Wan Junaidi kemuka 4 perkara penambahbaikan Parlimen
KUALA LUMPUR: Yang Dipertua Dewan Negara, Tan Sri Wan Junaidi Tuanku Jaafar hari ini menerima kunjungan hormat daripada Ketua Pentadbir Parlimen Malaysia yang baru dilantik, Datuk Muhamad Zamani Mohd Ali bagi membincangkan penambahbaikan…
Ringgit extends downtrend vs US$
KUALA LUMPUR: The ringgit extended its downward trend against the US dollar this morning as the greenback strengthened amidst higher-than-expected United States (US) Retail Sales data on Tuesday, analysts said.
At 9.02 am, the local note…
Bursa expected to sustain positive momentum
KUALA LUMPUR: Bursa Malaysia appears to be on an upward trajectory amid an onset of positive catalysts.
Following the previous day's gains, Malacca Securities Research said the market is being driven higher by a stable political…
FBM KLCI rises after slow start
KUALA LUMPUR: The benchmark FBM KLCI rose in morning trade after an uncertain start as investors sought out new leads following the recent state election.
At 12.30pm, the key index was up 4.23 points to 1,461.23 as traders picked up bank…