14d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 5 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking Wall Street’s gains after softer US payroll growth eased expectations of an immediate Federal Reserve rate increase.
14d ago
By K. Naveen Prabu
KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit opened higher against the US dollar on Monday, following reduced expectations of a United States Federal Reserve (Fed) interest rate hike amid weaker-than-expected US jobs data, which is weighing on the greenback.
16d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to remain range-bound next week, although its oversold condition could allow for a technical rebound, an analyst said.
16d ago
KUALA LUMPUR, Oct 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,100 and US$4,300 per troy ounce next week, with the precious metal expected to remain highly sensitive to United States economic data and broader monetary policy expectations.
16d ago
KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.
16d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday, in line with firmer global bullion prices, and amid continued caution ahead of the US nonfarm payrolls report tonight.
16d ago
LABUAN, Oct 2 (Bernama) -- The Small and Medium Enterprises (SME) Association of Labuan has called for the service tax exemption under Section 48 of the Service Tax Act 2018 to be applied to services performed entirely in Labuan under Budget 2027.
17d ago
KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia’s key index continued its uptrend, rising 0.33 per cent at midday, supported by bargain hunting in selected heavyweights.
17d ago
KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia rebounded to open marginally higher on Friday, as easing US Treasury yields and a measured tone from the Federal Reserve provided some relief to market sentiment.
17d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit ended higher against a basket of major currencies but slid against the US dollar on Thursday, as the greenback remained well supported despite waning expectations of an interest rate hike by the United States (US) Federal Reserve (Fed).
18d ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia continued its downtrend at midday amid selling pressure, tracking mixed global market performance as risk sentiment remained capped by the relentless rise in United States Treasury yields.
18d ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia remained lower at mid-morning, weighed down by selling in selected heavyweights, led by healthcare, industrial products and utilities counters.