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Markets

Bursa Ends Higher As Banking, Plantation Stocks Lift KLCI

Business Today Editorial - July 6, 2026

Bursa Malaysia closed higher on July 6, with renewed buying interest in banking and plantation heavyweights lifting the benchmark index despite mixed performance across the broader market. At the closing...

Markets

Decliners Dominate Bursa As MPI, Batu Kawan Lead Losses

Business Today Editorial - July 6, 2026

Declining stocks continued to dominate Bursa Malaysia, with losers outpacing gainers 620 to 403, reflecting cautious investor sentiment despite pockets of buying interest in selected blue-chip counters. A total of...

Markets

Foreign Exchange Rates July 6, 2026

Business Today Editorial - July 6, 2026

The closing foreign exchange rates, sourced from Bank Negara Malaysia and recorded at 5pm on July 6, 2026, provide a comprehensive overview of currency fluctuations for the day. These rates,...

Markets

Oil Prices Drop More Than 1% After OPEC+ Agrees...

Editor - July 6, 2026

Oil prices fell by more than 1 per cent on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the...

Markets

Stock Today: Maybank Rises Over 1% As Banking Stocks...

Business Today Editorial - July 6, 2026

Malayan Banking Bhd (Maybank) closed higher on Monday as investors continued accumulating banking stocks, helping support Bursa Malaysia's benchmark index. The country's largest lender gained 12 sen, or 1.11%, to...

Property

News

MRCB Riding High From LRT3 And Possible Spillovers

Business Today Editorial - July 6, 2026

RHB Investment Bank Bhd (RHB Research) maintained its BUY call on Malaysian Resources Corp Bhd (MRCB) with an unchanged target price of RM0.51, implying about 55% upside, alongside a...

News

UEM Sunrise Getting Sharper In Capital Allocation

Business Today Editorial - July 6, 2026

UEM Sunrise Bhd remains a BUY with no change to target price at RM0.92 and RM0.83 respectively as Hong Leong Investment Bank Bhd (HLIB) and CIMB Investment Bank Bhd...

News

Talam Transform Facing Fresh High Court Challenge Over May...

Editor - July 6, 2026

Talam Transform Bhd is facing a fresh legal challenge after three shareholders filed proceedings in the High Court seeking to invalidate the company's extraordinary general meeting held on May...

News

MRCB Riding High From LRT3 And Possible Spillovers

Business Today Editorial - July 6, 2026

RHB Investment Bank Bhd (RHB Research) maintained its BUY call on Malaysian Resources Corp Bhd (MRCB) with an unchanged target price of RM0.51, implying...

News

Analysts Reward Maxis For ESG Credentials

Business Today Editorial - July 6, 2026

MBSB Investment Bank Bhd (MBSB Research) maintained its BUY recommendation on Maxis Bhd with an unchanged target price of RM4.05, implying a potential upside...

News

Overhang Removal Seen Positive For Insights Analytics

Business Today Editorial - July 6, 2026

CIMB Investment Bank Bhd (CIMB Securities) maintained its BUY call on Insights Analytics Bhd (IAB) with an unchanged target price of RM1.95, implying about...

News

KLK Able To Absorb Impact From Indonesia Subsidiary Arbitration Claim, Says CIMB

Business Today Editorial - July 6, 2026

Kuala Lumpur Kepong Bhd (KLK) remains a BUY with no change to target price at RM23.66 as CIMB Investment Bank Bhd (CIMB Securities) said...

Global

Philippine Senate Commences Impeachement Trial Against VP Duterte

Editor - July 6, 2026

The Philippine Senate on Monday commenced the impeachment trial against Vice President Sara Duterte with her absence, marking the first impeachment trial against an...

News

UEM Sunrise Getting Sharper In Capital Allocation

Business Today Editorial - July 6, 2026

UEM Sunrise Bhd remains a BUY with no change to target price at RM0.92 and RM0.83 respectively as Hong Leong Investment Bank Bhd (HLIB)...

Global

Microsoft To Cut 4,800 Jobs As Tech Layoffs Picks Up

Editor - July 6, 2026

Microsoft is cutting about 2.1 per cent of its workforce, or roughly 4,800 jobs, the latest in a wave of tech layoffs as the...

News

Talam Transform Facing Fresh High Court Challenge Over May EGM

Editor - July 6, 2026

Talam Transform Bhd is facing a fresh legal challenge after three shareholders filed proceedings in the High Court seeking to invalidate the company's extraordinary...