Bursa Malaysia Rebounds, Opens Higher Despite Wall Street Weakness

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia rebounded from Tuesday’s losses to open higher on Wednesday despite weakness on Wall Street, as concerns over higher crude oil prices intensified amid escalating tensions in West Asia, an analyst said.

CPO Futures End Mixed

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mixed on Tuesday, amid expectations of a slower export pace.

Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

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.

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.

Bursa Malaysia Opens Lower With Profit Taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday as investors took profits in selected heavyweights, given an absence of Wall Street leads following the United States’ Labour Day holiday.

Bursa Malaysia Rises On Buying Interest In Banking, Telco Stocks

By Rosemarie Khoo & Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia traded higher on Monday, supported by renewed buying interest in selected banking and telecommunications heavyweights, an analyst said.

Bursa Malaysia Stays Higher At Midday On Buying Of Blue Chips

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia stayed higher at the midday break on buying of selected heavyweight counters, led by telecommunications, consumer products and utilities stocks.

August Foreign Inflows Into Malaysian Govt Bonds Hit RM11.1 Bln -- Kenanga IB

KUALA LUMPUR, Sept 7 (Bernama) -- Foreign inflows into Malaysian government bonds totalled RM11.1 billion in August, according to Kenanga Investment Bank Bhd (Kenanga IB).

Bursa Malaysia Opens Higher, Tracking Regional Gains

KUALA LUMPUR, Sept 7 (Bernama) -- Bursa Malaysia opened higher on Monday, in line with the positive performance in some regional markets.

Malaysia’s Fuel Supply Stable, But Oil Prices May Remain Elevated For 2-3 Years -- Nurhisham

By Nurul Hanis Izmir

PUTRAJAYA, Sept 6 (Bernama) -- Malaysia’s fuel supply remains stable despite lower global supply levels, with the government confident it can secure sufficient supplies through to the end of the year, said the Prime Minister’s economic adviser Nurhisham Hussein.

CPO Futures Likely To See Profit-taking Next Week Amid High Stock Levels

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to see profit-taking next week amid high stock levels in Malaysia and Indonesia, said a dealer.

Ringgit Ends Lower Against US Dollar As US Rate Hike Debate Persists

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit finished lower against the US dollar on Friday as the market closely monitors the ongoing debate regarding interest rate hikes in the United States.