KUALA LUMPUR, March 10 — Research houses see the possibility of Bank Negara Malaysia (BNM) maintaining its overnight policy rate (OPR) rate at the current level for a longer time, following the pause in January and March.

KUALA LUMPUR, March 9 — Kenanga Research has maintained a “market perform” rating on KESM Industries Bhd after its investment of about RM140 million on new test equipment as car makers shift to expand into the electric vehicles (EV) market.

KUALA LUMPUR, March 6 — Bursa Malaysia ended the morning trading session higher on continuous buying support, led by plantation and energy counters.

KUALA LUMPUR, March 2 — Malaysia's manufacturing sector is expected to expand by 4.4 per cent in 2023, faster than the official forecast of 3.9 per cent, said Public Investment Bank Bhd (Public IB).

KUALA LUMPUR, Feb 26 — As the revised Budget 2023 remains moderately expansionary, Kenanga Research expects the debt level to increase slightly to 61.4 per cent of gross domestic product (GDP) for 2023 on an estimated fiscal deficit of RM95.0 billion and potentially slower economic growth.

KUALA LUMPUR, Feb 21 — RHB Investment Bank Bhd (RHB IB) is expecting the automotive industry to see strong earnings growth in the first quarter of 2023 (1Q 2023) and 4Q 2022 as automotive companies are in the final stretch of fulfilling the Sales and Service Tax (SST) — exempted orders before June 30.

KUALA LUMPUR, Feb 20 — The Malaysian bourse may attract more trading interest ahead of the announcement of Budget 2023 scheduled for February 24, according to Kenanga Research today.

KUALA LUMPUR, Feb 17 — Petronas Gas Bhd's (PGB) share price on Bursa Malaysia fell by 0.91 per cent following its announcement of a lower net profit for the financial year ended December 31, 2022 (FY22).

KUALA LUMPUR, Jan 5 — Maybank Investment Bank (IB) is maintaining its positive call on the Malaysian oil and gas (O&G) sector amid a more positive picture painted in the Petroliam Nasional Bhd (Petronas) Activity Outlook (PAO) 2023-2025.

KUALA LUMPUR, Dec 31 — The ringgit is likely to continue its uptrend against the US dollar next week, trading between the 4.38 and 4.41 level for the first week of the new year on the back of buying support from locals upon the ringgit’s weakness, said an analyst.

KUALA LUMPUR, Dec 17 — Bullish expectations for the ringgit would be put on hold next week, with the currency’s movement leaning towards the downside at between 4.42 and 4.44 against the US dollar next week, said an analyst.

KUALA LUMPUR, Oct 11 — MIDF Research expects external factors to continue to hold sway over equity market sentiment despite the onset of the 15th General Election.

KUALA LUMPUR, Sept 19 — The ringgit continued its downtrend on Monday due to the lack of catalysts amidst growing risk-off sentiment, said an analyst.

KUALA LUMPUR, Aug 29 — The ringgit opened lower against the US dollar on Monday due to the lack of buying interest, said a dealer.

KUALA LUMPUR, Aug 8 — Bank Negara Malaysia (BNM) is likely to maintain its hawkish stance in September and increase the overnight policy rate (OPR) for the third consecutive time this year, according to Kenanga Research (Kenanga).

KUALA LUMPUR, July 12 — The ringgit retreated from last week's gain to open marginally lower against the US dollar on Tuesday on lack of buying interest.

KUALA LUMPUR, June 2 — Kenanga Research has retained its outlook for the manufacturing activity to remain on a recovery path as the country transitioned to the endemic phase, despite the relatively stagnant performance in May.

KUALA LUMPUR, March 28 — Malaysia’s Consumer Price Index (CPI) is expected to remain encouraging in 2022 with a forecast of 2.4 per cent, thanks to a full-year impact of full economic openings, said Public Investment Bank (PublicInvest).

KUALA LUMPUR, Nov 8 — The ringgit opened slightly higher against the US dollar despite better sentiment for the greenback following the latest announcement by the US Federal Reserve (Fed) that it would taper its asset purchase programme.

KUALA LUMPUR, Feb 15 — The ringgit extended gains against the US dollar to end higher today, benefiting from the continued recovery of global oil prices as well a bearish outlook on the greenback, a dealer said.