KUALA LUMPUR, Feb 20 — Foreign funds have returned to the domestic market after RM195.3 million worth of Malaysian equities were net bought last week compared to net selling of RM512.3 million a week before, said MIDF Research.

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, Feb 13 — Foreign investors continued to dispose of Malaysian equities last week to the tune of RM512.3 million — marking the fifth consecutive week of their net selling and bringing their year-to-date net selling to RM119.9 million, said MIDF Research.

KUALA LUMPUR, Feb 9 — Malaysia’s labour market recovery continued as the unemployment rate was maintained at 3.6 per cent in Dec 2022, MIDF Research said.

KUALA LUMPUR, Feb 8 — MIDF Research is optimistic that retail trade growth will average 8.9 per cent this year in view of the macroeconomic outlook and improving domestic fundamentals.

KUALA LUMPUR, Feb 7 — MIDF Research has maintained Malaysia’s Industrial Production Index (IPI) growth projection at 3.5 per cent this year despite the weaker-than-expected December 2022 IPI growth.

KUALA LUMPUR, Feb 2 — Loan growth in December 2022 recorded an increase of 5.7 per cent year-on-year (y-o-y), slightly higher than the projected 5.0 - 5.5 per cent, said MIDF Research.

KUALA LUMPUR, Feb 2 — MIDF Research (MIDF) has maintained its positive stance on Malaysia’s automotive sector, premised on the expectation that the total industry volume (TIV) will remain elevated, given the large backlog of orders and the still strong new booking momentum.

KUALA LUMPUR, Feb 2 — MIDF Research expects Malaysia’s external trade activities to expand steadily beyond 2023 amid the impacts of new trade agreements, apart from elevated commodity prices and lower monetary rates.

KUALA LUMPUR, Feb 2 — CGS-CIMB Research expects Bursa Malaysia Bhd to post a net profit growth of around 5.5 per cent for the financial year ending Dec 31, 2023 (FY2023), from a decline of 36.3 per cent in FY2022.

KUALA LUMPUR, Jan 31 — MIDF Research sees lower cost pressures for Malaysia’s producers, especially with declining global commodity prices as well as easing global supply chain disruptions.

KUALA LUMPUR, Jan 20 — MIDF Research foresees a slower inflation rate for 2023 across all states underpinned by lower food inflation, stable fuel prices and appreciation of the ringgit against the US dollar.

KUALA LUMPUR, Jan 16 — Automotive players with US dollar-denominated imports are expected to benefit from a stronger ringgit as a weaker greenback effectively reduces import costs, said MIDF Research.

KUALA LUMPUR, Jan 10 — The labour market is expected to strengthen further in 2023, underpinned by upbeat momentum in the domestic economy and modest expansion in the external sector, said MIDF Research.

KUALA LUMPUR, Jan 10 — MIDF Research has maintained its “positive” view on the construction sector, noting that the cost headwinds remain manageable.

KUALA LUMPUR, Jan 9 — It was a shortened trading week of four days on Bursa Malaysia last week due to the New Year’s Day replacement holiday on Monday.

KUALA LUMPUR, Jan 4 — Malaysia's latest Purchasing Managers Index (PMI) survey has revealed that cost and supply pressures have eased as firms indicate that vendor performance has stabilised after three years of deterioration and firms finally cut selling prices, the first reduction in 2.5 years.

KUALA LUMPUR, Dec 30 — MIDF Research expects Malaysia’s gross domestic product (GDP) growth to moderate to 4.2 per cent in 2023 after registering a strong growth of eight per cent this year.

KUALA LUMPUR, Dec 23 — MIDF Research opined that the inflation trend in Malaysia is highly driven by robust consumer demand while indicators for cost inflation have eased in recent months.

KUALA LUMPUR, Dec 19 — MIDF Research predicted exports and imports growth to be robust at 27.1 per cent and 32 per cent respectively this year.