12d ago
KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as the greenback strengthened following a hawkish outcome from the United States (US) Federal Open Market Committee (FOMC) meeting overnight.
14d ago
By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia ended lower today in subdued trading as sentiment continued to remain cautious ahead of the Federal Open Market Committee (FOMC) interest rate decision tomorrow and soaring oil prices.
14d 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.
14d ago
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.
15d ago
By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia’s barometer index closed at an intraday high and snapped a four-day losing streak on Monday, as bargain hunting emerged following recent weakness, with half of the key index components advancing.
17d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia could see selective bargain hunting next week following the recent sell-off, particularly in fundamentally sound blue-chip stocks that have been marked down amid the broader risk-off environment, an analyst said.
17d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range next week, with expectations of higher interest rates likely to limit the precious metal’s upside potential.
17d ago
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to consolidate within the 1,680-1,710 points range next week, with scope for a technical recovery should global risk sentiment stabilises.
18d 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.
18d ago
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by continued selling pressure in most heavyweight counters in line with weaker regional performance amid surging oil prices due to ongoing US-Iran tensions.
18d ago
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysian crude grades continued to command significantly higher premiums over Dated Brent, a benchmark for physical crude oil prices, indicating that the country was able to partially cushion the impact of lower outright oil prices on revenues.
19d 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.