Kenanga Research
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Ringgit Forecast to Hover Near 4.08 Against Dollar Amid Global Pressure
Kenanga Research projects continued volatility for the local currency as external economic factors strengthen the greenback.
Malaysia Labour Market Holds Steady at 3.0% Despite Rising Jobless Figures
While national unemployment remains stable, a slight uptick in job losses warrants close observation as the economy navigates evolving fiscal policies.
Malaysian Government Bond Yields Face Upward Pressure Amid Global Market Shifts
Higher global rates and domestic term premiums are driving MGS and GII yields upward ahead of the September FOMC meeting.
Kenanga Maintains 5.3% Growth Forecast Despite July Industrial Slowdown
Analysts remain optimistic about Malaysia’s economic trajectory, banking on resilient electrical and electronics demand to offset broader industrial output dips.
Ringgit Poised for Potential Recovery Ahead of US Federal Reserve Decision
Market analysts suggest the ringgit may strengthen towards the RM4.04 level if the Federal Reserve opts to maintain current interest rates.
Bank Negara Reserves Edge Downward As Kenanga Forecasts Ringgit Strengthening
Malaysia’s international reserves saw a marginal decline in August, though analysts remain optimistic about the currency’s year-end trajectory.
SkyeChip Targets Scaling Phase as Homegrown Silicon IP Gains Momentum
Following strong first-quarter results, the local IC design firm is transitioning from research-heavy operations toward recurring royalty-based revenue streams.
Kenanga Forecasts Sustained Growth as OPR Holds Steady at 2.75%
Malaysia’s central bank is expected to maintain interest rates through 2026, supported by robust economic performance and stable inflation levels.
Bank Negara Malaysia Expected To Maintain OPR At 2.75% Through 2026
Analysts suggest that robust economic momentum and controlled inflation will keep interest rates steady for the remainder of the year.
CIMB Posts RM3.86 Billion First-Half Profit Amid Margin Pressures
CIMB Group maintained a resilient performance in the first half of 2026 as non-interest income offset ongoing net interest margin challenges.
Petronas Eyes 2027 Sector Rebound Following Subdued First-Half Performance
Kenanga Research maintains an optimistic outlook for the oil and gas services industry as project spending prepares to cycle upward.
Kenanga Forecasts Extended Fed Rate Hold, Keeps Ringgit at 3.95
Research analysts project the US Federal Reserve will maintain current interest rates until 2027, signalling a long-term strategy that keeps the Ringgit anchored.
Alliance Bank Posts Strong 25 Percent Earnings Growth Amid Margin Pressure
The bank reported a net profit of RM248.3 million for the first quarter of fiscal year 2027, driven by a significant reduction in credit costs.
Public Bank Beats Loan Growth Targets Amid Solid First-Half Performance
The banking giant maintains its positive market outlook as consistent demand for credit drives earnings stability in a growing economy.
Maybank Reports Stable 1H26 Performance Despite Marginal Profit Dip
Malaysia's largest lender maintains an outperform rating as earnings align with expectations despite a slight year-on-year decline.
Bursa Malaysia Faces Pressure as Foreign Investors Extend Selling Streak
Foreign institutions offloaded RM549.1 million in local stocks over the past week, marking three consecutive weeks of net selling.
Malaysia’s Fiscal Vulnerability Linked to Global Crude Oil Price Fluctuations
Kenanga Research highlights that rising global oil prices create significant fiscal pressure due to the heavy burden of domestic fuel subsidies.
Bursa Malaysia Set To Expand KLCI To 50 Constituents
The planned expansion of the flagship index aims to broaden market representation and dampen the volatility typically associated with portfolio rebalancing.
Rising Oil Prices Could Cost Malaysia RM750 Million Annually Per Dollar
Kenanga Research warns that increasing Brent crude prices place significant pressure on Malaysia’s federal fiscal budget due to fuel subsidies.
CelcomDigi Reports Steady First Half Earnings Performance
Kenanga Research maintains an outperform rating on CelcomDigi following solid growth in the first half of the 2026 financial year.
Foreign Investors Extend Selling Streak On Bursa Malaysia
Net outflows reach RM623.6 million as foreign institutions sell equities for the second consecutive week.
Kerjaya Prospek Secures RM223 Million Contract, Boosting Yearly Wins
The construction firm has reached RM2.37 billion in new contracts for the year after securing a major building project from Sunway Majestic.
