Stable OPR Rate Sustains Economic Growth Momentum, Ringgit's Outlook: Maybank IB

Maybank Investment Bank (Maybank IB), on the BNM Monetary Policy decision on the Overnight Policy Rate (OPR) being maintained at 3.00%, said today that comparing the latest and previous rate decisions, BNM maintained its assessment of continued global growth amid resilient job market, global tech upcycle and trade recovery that cushion the impact of tight monetary policy and fiscal stimulus withdrawal, as well as the view that the risk to global growth outlook remained biased to the downside on factors like escalations in geopolitical tensions, higher-than-expected inflation and financial market volatility.

Business Today23:55 ET

Malaysia Closing Bell on 11 July | SUNWAY Was the Top Gainer of FBM KLCI

SUNWAY was the top gainer, rising 4.33 percent to close at RM 4.100. The top loser was NESTLE, losing 1.55 percent to end at RM 120.800.

Moomoo NewsJul 11 05:36 ET

Maybank SG Prevents S$1.21m Loss Across 19 Cases

The bank worked with the SPF to intervene in 19 scam cases.Maybank Singapore said that it has helped prevent the loss of S$1.21m in scams between March 2023 and June 2024.In a press release, the

Singapore Business ReviewJul 11 00:17 ET

Malaysia Closing Bell on 10 July | TM Was the Top Gainer of FBM KLCI

TM was the top gainer, rising 1.76 percent to close at RM 6.940. The top loser was AXIATA, losing 1.97 percent to end at RM 2.490.

Moomoo NewsJul 10 05:41 ET

Malaysia Closing Bell on 09 July | PBBANK Was the Top Gainer of FBM KLCI

PBBANK was the top gainer, rising 1.73 percent to close at RM 4.110. The top loser was GENTING, losing 1.93 percent to end at RM 4.570.

Moomoo NewsJul 9 05:34 ET

CGS Reaffirms 'Add' on Maybank, Highlights Potential Write-backs

CGS International has reiterated its 'add' recommendation on Malayan Banking Bhd (KL:MAYBANK), citing potential write-backs of its management overlay, robust loan/fee income growth, and capital management initiatives as key rerating catalysts.

The Edge MarketsJul 9 02:49 ET