Bursa Malaysia Closes Flat On Caution As Oil Rises To US$100 Amid Escalating West Asia Conflict

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia closed flat on Wednesday amid investor caution as heightened tensions in West Asia pushed Brent crude oil to above US$100 per barrel, an analyst said.

Rubber Market Extends Gains On Supply Concerns

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 9 (Bernama) -- The rubber market extended its uptrend on Wednesday, tracking gains in regional rubber futures markets supported by declining Indonesian supply, which reinforced concerns over supply tightness.

Bursa Malaysia Ends Slightly Lower At Noon Break

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia ended the morning session slightly lower as profit-taking emerged among selected heavyweights, mainly banking stocks.

Ringgit Opens Higher Against US Dollar Amid Rate-hike Expectations

KUALA LUMPUR, Sept 9 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday as the greenback weakened, while markets weighed the prospects of interest rate hikes in the United States and Japan.

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.

Ringgit Opens Almost Flat Vs Greenback Amid Ongoing West Asia Conflict

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.

Ringgit Ends Marginally Lower Against US Dollar After Strong US Jobs Data

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 7 (Bernama) -- The ringgit closed slightly lower on Monday after the United States posted strong non-farm payrolls (NFP) data and ahead of a US inflation report later this week.

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.

BNM Holds OPR At 2.75 Pct As Growth Resilient, Inflation Contained

By Niam Seet Wei

KUALA LUMPUR, Sept 6 (Bernama) -- Sustainable economic growth, as well as contained inflation, were among the factors that led Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent.

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.

Gold Futures Likely To See Profit-Taking Ahead Of US Inflation Data

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to see some profit-taking early next week ahead of the release of key United States inflation data, said Quintex Intel global strategist Stephen Innes.