2d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit strengthened against the US dollar and other major currencies at Friday's close, buoyed by improved market sentiment following easing concerns over crude oil supply, an analyst said.
2d ago
KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Friday, supported by improved market sentiment as easing West Asia crude oil supply concerns lifted risk appetite.
5d ago
KUALA LUMPUR, Sept 15 (Bernama) -- Oil and gas (O&G) counters remained in focus with investment banks maintaining a positive stance on the sector.
5d ago
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.
6d ago
KUALA LUMPUR, Sept 14 (Bernama) -- Brent crude will remain elevated in the fourth quarter of 2026, trading between US$95 and US$100 per barrel toward the year-end, supported by persistent Strait of Hormuz disruptions, rising risks in the Bab el-Mandeb Strait and constrained West Asia exports, said Hong Leong Investment Bank (HLIB) today.
9d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished the week sharply lower on Friday amid another round of selling across regional markets, as persistently high crude oil prices continued to weigh on market sentiment, an analyst said.
10d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia finished lower on Thursday, along with other regional markets, as the widening war in West Asia and high oil prices weighed on sentiment.
11d ago
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 9 (Bernama) -- Brent oil surpassed US$100 per barrel for the first time since July 2026 as the escalation in the United States (US)-Iran conflict, including attacks on oil tankers and Saudi Arabia’s energy facilities, raises concerns about further supply disruptions through the Strait of Hormuz and the Red Sea.
12d ago
By Nor Baizura Basri
KUALA LUMPUR, Sept 8 (Bernama) -- Global oil prices are expected to range between US$95 and US$110 per barrel following a core risk-adjusted price regime due to sustained Hormuz impairment, additional refinery outages and accelerating inventory draws, says an economist.
12d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.
12d ago
KUALA LUMPUR, Sept 8 (Bernama) -- The ringgit was almost flat against the US dollar at Tuesday’s open, as investors remained cautious amid the ongoing West Asia conflict, which continued to drive crude oil prices higher and support the greenback.
19d ago
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia remained in negative territory at midday, tracking weaker regional peers amid heightened geopolitical tensions between the US and Iran.