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KUALA LUMPUR: Bursa Malaysia posted a fresh record high in trading volume of 11.807 billion units on Wednesday, driven by penny stocks, with AirAsia also actively traded after announcing it had triggered the PN17 criteria.
KUALA LUMPUR: The moratorium on loan repayments by financial institutions, which took effect on April 1 as part of the PRIHATIN Rakyat Economic Stimulus Package (PRIHATIN), is estimated to have reached RM51.4 billion as at July 6.
KUALA LUMPUR: Public Bank will reduce its base rate (BR) and base lending rate (BLR)/ base financing rate (BFR) by 0.25% effective this Friday.
KUALA LUMPUR: Bank Islam Malaysia Bhd is revising its lending and deposit rates lower by 25 basis points, effective July 10, 2020, in line with Bank Negara's overnight policy rate cut.
KUALA LUMPUR: The inflow of foreign funds into Malaysia’s debt securities rose to RM11.6bil in June, the fastest pace in over four years, Kenanga Investment Bank Research said.
BENGALURU: Indonesia bucked Asia's second day of stock losses on Wednesday on hopes extra funds pumped into the economy from the government and central bank would strengthen the financial sector and the coronavirus-hit economy
KUALA LUMPUR: Bursa Malaysia erased the losses from yesterday's selloff amid a surge in trading activity as buying interest picked up on the market.
KUALA LUMPUR: AirAsia Group Bhd (AAGB) says it has triggered the prescribed criteria of the Practice Note 17 (PN17) of the Main Market Listing Requirements of Bursa Malaysia but it won't be classified as such under the PN17 relief measures.
KUALA LUMPUR: Bank Negara Malaysia’s move to cut the Overnight Policy Rate (OPR) by 25 basis points will not have a significant impact as the economy is expected to contract this year.