Bursa Malaysia ended the morning trading session on a good note on Friday (June 9), in line with regional peers’ performance, buoyed by bargain-hunting, as sentiments improved following overnight gains on Wall Street.

Bursa slightly higher at midday, in line with regional peers

It said new employer registrations also showed strong growth of 24,281 during the period, bringing the total number of employers registered with the EPF to 595,730.

EPF logs highest-ever quarterly members' contributions at RM26b in 1Q2023

The Employees Provident Fund (EPF) recorded a 3% year-on-year (y-o-y) increase in investment income to RM15.16 billion for the first quarter ended March 31, 2023 (1QFY2023), from RM14.77 billion previously.

EPF records RM15b investment income for 1QFY2023, up 3% y-o-y

KUALA LUMPUR (June 9): Cypark Resources Bhd is claiming RM61.34 million from the government for loss and expenses arising from various instructions that caused delays in the completion of a job through arbitration.

Cypark claims RM61m from govt for loss and expenses through arbitration

Kenanga Research reiterated its "overweight" call on the automotive sector, after seeing better earnings during the recently concluded results season for the January-March period (1Q2023).

Kenanga stays ‘overweight’ on autos after 1Q earnings accelerated

KUALA LUMPUR (June 9): Universiti Tenaga Nasional (Uniten) signed a memorandum of understanding (MOU) with HeiTech Padu Bhd on Thursday (June 8) to develop and engage in the CARES (Cybersecurity Advanced Research for the Energy Sector) programme.

Uniten, Heitech Padu inks collaboration on cybersecurity research, education

MIDF Research maintained its positive view on the consumer sector, following the removal of chicken and egg price caps from July 1, as poultry players would have greater price flexibility in response to changes in input costs.

MIDF positive on consumer sector on end of chicken, egg price controls from July

It is premature to conclude that the ringgit/Singapore dollar (MYR/SGD) cross rate has started a new downtrend, after the ringgit depreciated to a fresh lifetime low of 0.2905 against the Singapore dollar on Thursday (June 8), said DBS Group Research.

DBS: Premature to conclude one-way fall in ringgit against Singapore dollar after fresh lifetime low

KUALA LUMPUR (June 9): Prime Minister Datuk Seri Anwar Ibrahim attended the 2023 Umno general assembly at the World Trade Centre (WTC) Kuala Lumpur on Friday (June 9) morning.

Anwar attends Umno general assembly

RAM Rating Services Bhd (RAM Ratings) has maintained its "stable" outlook for the Malaysian insurance and takaful sector, expecting the sector to stay resilient in the face of a changing landscape, market volatilities, and the normalisation of claims towards pre-pandemic levels.

RAM Ratings maintains 'stable' outlook on insurance, takaful sector

The cooperation planned by the federal government and the Johor government is vital to ensure that the implementation of each project in the state has a comprehensive impact, including on neighbouring countries, according to Prime Minister Datuk Seri Anwar Ibrahim.

Federal, Johor govt cooperation vital to ensure broad impact of projects, says PM

A total of RM83 million, derived from assets seized due to the misappropriation of 1Malaysia Development Bhd (1MDB) funds, has been allocated mostly to a special trust account under the Ministry of Finance (MOF), and the remainder in the government's revenue account.

RM83m in seized 1MDB assets safeguarded in special trust account by MOF and govt’s revenue account, says Azalina

KUALA LUMPUR (June 9): Sapura Energy Holdings Bhd shares were heavily traded during early session on Friday (June 9) with 235 million shares changing hands, more than six times its average daily trading volume, after it announced that it has secured 10 contracts worth RM1.4 billion.

Sapura Energy top active on RM1.4b wins, but analyst cautions against liquidity constraints to execute jobs

KUALA LUMPUR (June 9): Bursa Malaysia rebounded to open higher on Friday (June 9), taking its cue from Wall Street’s strong overnight performance ahead of the United States (US) Federal Reserve (Fed) interest rate decision next week.

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