Bursa Malaysia Opens Higher, Showing Resilience Despite Global Tech Rout
KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia opened higher today showing resilience despite the global tech rout amid mixed Wall Street performance.
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KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia opened higher today showing resilience despite the global tech rout amid mixed Wall Street performance.
KUALA LUMPUR, July 29 (Bernama) -- The ringgit opened higher against the US dollar today, as market sentiment was boosted by Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour’s positive remarks yesterday and expectations of a shift in the United States (US) Federal Reserve policy.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 28 (Bernama) -- The ringgit closed higher against most major currencies but eased against the greenback on Tuesday amid cautious investor sentiment ahead of the US Federal Reserve’s (Fed) interest rate decision later this week.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday as investors turned cautious ahead of a busy week featuring the US Federal Reserve’s (Fed) policy meeting and earnings releases from major US technology companies.
PUTRAJAYA, July 28 (Bernama) -- Malaysia is now just 7.1 per cent below the World Bank’s high-income threshold, thanks to the 5.8 per cent economic expansion in the second quarter of this year, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, July 28 (Bernama) -- Malaysia’s resilient growth, durable trade surplus and disciplined monetary framework are expected to underpin the ringgit through the second half of 2026 (2H 2026), with the local currency projected to trade within the 3.90-4.20 range against the US dollar, said Juwai IQI global chief economist Shan Saeed.
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia pared yesterday's gains to open lower on Tuesday amid dampened regional sentiment, as market players adopt a cautious stance ahead of the US Federal Open Market Committee (FOMC) meeting scheduled for today and tomorrow, as well as US tech companies’ earnings.
By Nurunnasihah Ahmad Rashid & Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 28 (Bernama) -- The ringgit opened higher against most major currencies on Tuesday but eased against the US dollar, weighed down by market sentiment amid lingering uncertainty over US-Iran negotiations.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 27 (Bernama) -- The ringgit closed higher against the greenback and other major currencies on Monday, ahead of the US Federal Reserve (Fed) meeting on Tuesday and Wednesday to decide on interest rates.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index closed higher as bargain-hunting activities emerged in banking and plantation heavyweights following the recent pullback.
KUALA LUMPUR, July 27 (Bernama) -- Malaysia should leverage its strengths to become a producer of globally competitive technologies while preparing a future-ready workforce to capitalise on Asia's economic rise, Strategic Intelligence co-founder Professor Henrik von Scheel said.
LABUAN, July 27 (Bernama) -- The Sabah Fish Marketing Sdn Bhd’s (SAFMA) fish programme continues to play a key role in strengthening the state’s food security, ensuring a steady supply of fresh, quality fish at affordable prices.