Bargain Hunting Lifts FBM KLCI To Near 1,700-Level Despite...

Bursa Malaysia closed higher on June 5, with bargain hunting in selected blue-chip stocks helping the benchmark index rebound from recent losses despite weaker sentiment across regional markets. The FTSE...

Nestlé, MPI Lead Decliners As Selling Pressure Weighs On...

Shares of Nestlé (M) Bhd and Malaysian Pacific Industries Bhd (MPI) led losses on Bursa Malaysia on June 5 as broader market sentiment remained weak, with decliners comfortably outpacing...

Foreign Exchange Rates June 5, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on June 5, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Gold Slips Below US$4,500 As Fed Tightening Concerns Persist

Gold prices fell on Friday and were on track for a weekly loss as growing expectations of higher US interest rates outweighed support from escalating tensions in the Middle...

Bursa Malaysia Ends Morning Higher As Blue Chips Lift...

Bursa Malaysia closed the morning session higher on June 5, supported by continued buying interest in heavyweight consumer and plantation stocks despite broader market weakness. The benchmark FTSE Bursa Malaysia...

Encorp Secures Felda Housing Development Deal

Encorp Bhd is set to undertake a major staff housing development for the Federal Land Development Authority (Felda) following the signing of a memorandum of understanding (MoU) to deliver...

Sentoria Shares To Be Suspended From June 12, Faces...

Sentoria Group Berhad is facing suspension and potential delisting from Bursa Malaysia after failing to submit a regularisation plan within the deadline stipulated under Bursa Malaysia’s listing requirements. The group...

Is UEM Sunrise Ripe For A Rebound?

Analysts are turning more positive on property developer UEM Sunrise Berhad, citing improving earnings visibility, strong project launches and a strategic transformation plan that could drive long-term value creation. According...

Indonesia Targets June For Its Panda Bond Issuance

Indonesia is targeting the issuance of yuan-denominated sovereign bonds, known as Panda Bonds, in June 2026 as part of its strategy to diversify State...

Kremlin Says Zelensky Can Come To Moscow Anytime

Ukrainian President Volodymyr Zelensky can come to Moscow any time if he wishes to hold talks with Russian President Vladimir Putin, Kremlin spokesman Dmitry...

CTOS Cancels 15.5 Million Treasury Shares As Part Of Capital Management Strategy

CTOS Digital Berhad has cancelled 15.45 million treasury shares, representing 0.67% of its issued share capital, as part of its ongoing share buyback programme...

YLI Clarifies RM28 Million Penang Industrial Land Disposal Details

YLI Holdings Berhad has provided additional details on its proposed RM28.5 million disposal of two industrial land parcels in Prai, Penang, following a request...

US Economy Adds An Astonishing 172,000 Jobs In May Beating Expectations

The US economy added 172,000 jobs in May, blowing past expectations, according to the government's closely watched jobs report. The unemployment rate remained flat...

Velesto Appoints Prolintas CEO Nasution As New Chairman

Velesto Energy Berhad has appointed veteran corporate leader Nasution Mohamed as its new non-independent non-executive chairman, effective June 5, 2026. The appointment comes shortly after...

ELSA Saw Its IPO Oversubscribed By 26 Times

Elsa Berhad informed that its Malaysian public portion of its IPO has been oversubscribed by 26.92 times ahead of its listing on the ACE Market of...

Alam Maritim Exits PN17 Status From June 8

Alam Maritim Resources Berhad will officially exit Practice Note 17 (PN17) status on June 8, 2026, after successfully regularising its financial condition and meeting...

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Trade

Malaysia’s Total Production Of Crude Oil Drops 5.5% In...

Malaysia’s total production of crude oil and condensate fell 5.5% year-on-year to 43.0 million...

Plantation Earnings Weaker In 1Q26 Despite Strong Crop Production,...

Malaysia's plantation sector delivered a mixed set of first-quarter 2026 earnings, with weaker palm...

BMI Trims Brent Forecast To US$88 As Weaker Demand...

BMI has lowered its 2026 forecast for Dated Brent crude oil to US$88 per...

Malaysia’s Credit Demand And Lending Activity Accelerates, Despite Softer...

Malaysia's monetary indicators moderated in April, but credit demand and lending activity continued to...

17th Malaysia-Indonesia Bilateral Cooperation To Focus On Trade Flow...

Foreign Minister Dato' Seri Mohamad Hasan will lead the Malaysian delegation to the 17th...

CPO Futures Could Further Slide To RM4,300 Levels

The FCPO continued its recent sell-off yesterday, edging RM13 lower to close at RM4,473....

Businesses Turn Cautious In Second Quarter Amid Global Economic...

Malaysian businesses are adopting a more cautious stance heading into the second quarter of...

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