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FBM KLCI Hits Pre-War Levels as Strait of Hormuz Tensions Ease

by Mathaveswarry Sree Narayanan on May 6, 2026 at 7:41 am

KUALA LUMPUR, May 6, 2026 - The climbed on Thursday as investors regained their appetite for stocks, driven by cooling tensions in the Strait of Hormuz and a subsequent drop in global oil prices. The benchmark index rose 2.18 points to 1,749.61, successfully returning to trading levels seen before the recent regional conflict. Apex Securities noted that while the market remains cautious, it is beginning to stabilize as positive earnings momentum helps offset ongoing geopolitical concerns.

RT Pastry Eyes Q2 ACE Market Listing Following Underwriting Pact with KAF Investment Bank

by Mathaveswarry Sree Narayanan on May 6, 2026 at 7:40 am

KUALA LUMPUR, May 6, 2026 - RT Pastry Holdings Bhd is moving forward with its plans to debut on the ACE Market of Bursa Malaysia after officially entering into an underwriting agreement with KAF Investment Bank Bhd. The bakery and pastry manufacturer, known for its extensive range of artisanal products, is expected to complete its listing process by the second quarter of 2024.

UOB Malaysia Reports Record RM2.5 Billion Pre-Tax Profit for FY2025

by Mathaveswarry Sree Narayanan on May 6, 2026 at 7:38 am

KUALA LUMPUR, May 6, 2026 - UOB Malaysia achieved a pre-tax profit of RM2.5 billion for the financial year ending December 31, 2025, marking a 15.6 per cent increase from the previous year. This growth was fueled by a rise in operating income to RM4.9 billion and a significant reduction in credit losses, aided by the recovery of non-impaired assets.

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Tatkala Krisis Melanda, Kanak-Kanak Yang Paling Terasa

Mengapa Bumiputera Masih Ketinggalan Dalam Sektor Pembinaan?

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