KUALA LUMPUR, July 31 — Foreign investors continued their buying spree on Bursa Malaysia for the third consecutive week, snapping up equities worth RM637.8 million last week — the highest since more than a year ago when they net bought RM1.18 billion during the week ending March 18, 2022.

KUALA LUMPUR, July 28 — MIDF Research looks upon with favour the government’s initiatives for the nation’s orderly energy transition through the launch of Phase 1 of the National Energy Transition Roadmap (NETR), from the oil and gas (O&G) sector’s perspective.

KUALA LUMPUR, July 27 — The US Federal Reserve (Fed) is nearing the end of its tightening cycle after it raised the Fed funds rate (FFR) by an additional 25 basis points (bps) to a range of 5.25 per cent to 5.50 per cent, the highest in 22 years, MIDF Research said.

KUALA LUMPUR, July 25 — MIDF Research anticipates the government will cut retail fuel prices, particularly RON95 and diesel, to ensure price stability and ease living cost pressures in Malaysia.

KUALA LUMPUR, July 24 — MIDF Amanah Investment Bank Bhd (MIDF Research) expects the government to keep retail fuel prices status quo at least until the end of 2023, subsequently reducing overall inflationary pressure moving forward.

KUALA LUMPUR, July 24 — Foreign investors extended their buying spree on Bursa Malaysia last week, albeit at a much lower rate at RM179.0 million compared with RM570.9 million a week earlier, said MIDF Research.

KUALA LUMPUR, July 18 — MIDF Research has maintained a 'neutral' call on the property sector with a positive bias.

KUALA LUMPUR, July 13 — The current ringgit rate would offer a competitive advantage for Malaysia’s exports to the United Kingdom (UK), besides boosting the local tourism industry, said analysts.

KUALA LUMPUR, July 13 — MIDF Research foresees the ringgit to benefit slightly from the easing inflation rate in the United States (US) and expects the local note to appreciate gradually in the second half of 2023 (2H 2023), as chances of a rate pause rise.

KUALA LUMPUR, July 10 — The strengthening of Malaysia’s job market will further reinforce consumer consumption and support overall Gross Domestic Product (GDP) growth this year, said MIDF Research.

KUALA LUMPUR, July 10 — Local institutional investors remained as net buyers on Bursa Malaysia last week, snapping up RM200.9 million worth of equities and marking their sixth consecutive week of net buying, according to MIDF Research.

KUALA LUMPUR, July 6 — Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is in line with market expectations, according to MIDF Research.

KUALA LUMPUR, July 6 — MIDF Research believes Bank Negara Malaysia (BNM) will consider another 25 basis points (bps) rate hike in the second half of 2023 (2H 2023) following the stronger-than-expected domestic economy.

KUALA LUMPUR, July 4 — Analysts foresee Malaysia's oil and gas sector to remain resilient in the second half of 2023, underpinned by steady oil prices.

KUALA LUMPUR, July 4 — Malaysia’s air passenger traffic recovery is expected to gather pace in the second half (H2) of 2023 to reach 85 per cent of the pre-pandemic levels for the full year, said MIDF Research.

KUALA LUMPUR, June 28 — MIDF Research forecasts headline Consumer Price Index (CPI) inflation to moderate to 3.0 per cent in 2023 from 3.4 per cent last year with upward price pressures from food inflation and increased demand.

KUALA LUMPUR, June 23 — OCBC Bank expects the headline inflation to ease to 2.9 per cent in 2023 from 3.4 per cent in 2022, while core inflation remains stable at 3.0 per cent.

KUALA LUMPUR, June 9 — The Malaysian labour market is expected to strengthen further in 2023, underpinned by continuous upbeat momentum in the domestic economy and modest expansion in the external sector, according to MIDF Research.

KUALA LUMPUR, June 2 — Malaysia's manufacturing Purchasing Managers’ Index (PMI) is expected to remain consistent with the trend of the global PMI, given the multifaceted and volatile nature of the manufacturing industry, said PublicInvest Research.

KUALA LUMPUR, May 19 — Malaysia’s trade momentum is likely to show signs of improvement by early in the second half of this year riding on the global economic recovery, says RHB Research.