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Market

Bursa Malaysia Lower At Midday On Broad-based Selling, Cautious Sentiment

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

FBM KLCI Futures Opens Mostly Lower On Tuesday

KUALA LUMPUR, Sept 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened mostly lower on Tuesday.

Bursa Malaysia Opens Lower Amid High Oil Prices, AI Uncertainty

KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.

Ringgit Opens Higher Vs US Dollar Ahead Of Key Central Bank Meetings

KUALA LUMPUR, Sept 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, amid cautious sentiment ahead of key central bank meetings this week, an economist said.

Corporate

Gas Malaysia Shares Rise 1.01 Pct Amid Higher Oil Prices

KUALA LUMPUR, Sept 15 (Bernama) -- Gas Malaysia Bhd’s share price rose 1.01 per cent during the morning trading session today amid higher oil prices.

O&G Counters Remain In Focus Amid Persistent Oil Market Risks

KUALA LUMPUR, Sept 15 (Bernama) -- Oil and gas (O&G) counters remained in focus with investment banks maintaining a positive stance on the sector.

GFM Unit’s Release Order Value Revised To RM104.2 Mln For Pengerang Integrated Complex

KUALA LUMPUR, Sept 14 (Bernama) -- GFM Services Bhd's indirect 60 per cent-owned subsidiary, Shapadu CR Asia Sdn Bhd (SCRA), has received a revised release order (RO) from Pengerang Refining Company Sdn Bhd, raising its estimated value by 56 per cent to RM104.2 million.