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KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia opened lower on Friday, with cautious sentiment expected to remain after Thursday's regional rally left Asian markets exposed to Wall Street's overnight pullback.
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties.
KUALA LUMPUR, July 23 (Bernama) -- Measures to diversify supply sources and assess strategic stockpiling needs are crucial for extending the resilience of the country's petroleum supply beyond the current operational period, according to the Ministry of Economy.
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia closed marginally higher at mid-day in subdued market sentiment, with buying interspersed with selling in selected heavyweight stocks, tracking gains in regional markets amid surging crude oil prices.
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened firmer on Thursday, tracking regional peers, as upbeat earnings from global technology (tech) companies spilt over to local tech stocks.
By Karina Imran
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 22 (Bernama) -- While the Brent crude oil price hike would harm the global market, some heavy indexes of artificial intelligence (AI) and semiconductor beneficiaries are still attracting flows, creating a sharp split beneath the surface, an analyst said.
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia extended its decline at midday on continuous selling in selected heavyweight stocks due to mild profit-taking.
KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) prices are expected to trade between RM4,400 and RM4,650 per tonne in August, supported by Indonesia’s B50 biodiesel implementation from July, firmer energy markets and improved biodiesel economics.
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, with continued profit-taking capping gains despite an overnight rebound on Wall Street, an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 21 (Bernama) -- The ringgit extended its gains to close higher for a second consecutive day against the US dollar and other major currencies on Tuesday, supported by Malaysia’s stronger-than-expected trade performance, despite persistent geopolitical uncertainties.
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia’s key index closed marginally lower on Tuesday, weighed down by continued profit-taking, although the positive market breadth indicated that selective buying interest remained intact.
