Bursa Malaysia Pares Gains, Turning Lower At Midday On Cautious Sentiment

KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia pared earlier gains to end the morning session lower, as investors turned cautious ahead of the United States-Iran ceasefire deadline, coupled with selling pressure in selected financial heavyweights.

MBSB IB Sees Brent, CPO Holding Above Support

KUALA LUMPUR, April 14 (Bernama) -- MBSB Investment Bank Bhd expects benchmark Brent crude oil and crude palm oil (CPO) prices to remain above support levels and potentially re-test resistance at US$114 per barrel and RM4,890 per tonne, respectively, in the near term.

Bursa Malaysia Pares Losses To Open Higher, Tracking Wall Street's Gains

KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Tuesday, tracking overnight gains on Wall Street.

Gold Futures End Lower Amid Firmer Demand For US Dollar

KUALA LUMPUR, April 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today due to stronger US dollar and shifting investor positioning amid geopolitical uncertainties in West Asia.

Ringgit Closes Lower Vs Greenback As West Asia Tensions Weigh

By Zufazlin Baharuddin

KUALA LUMPUR, April 13 (Bernama) --  The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst.

Bursa Malaysia Ends Lower Following US Plan To Blockade Strait Of Hormuz

By Danni Haizal Danial Donald

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.

Lack Of GCC Unity Complicates Iran War, Says Academic

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 13 (Bernama) -- A lack of unity among the countries in the Gulf Cooperation Council (GCC) appears to be one of the factors contributing to the increasing complexity of the war in Iran, according to an academic.

Malaysia's Growth Outlook Intact Despite The Strait Of Hormuz Blockade -- Economists

By Siti Noor Afera Abu

KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.

Bursa Malaysia Lower At Midday, Tracking Regional Peers

KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in line with regional market losses, as sentiment remained volatile amid ongoing developments in the Strait of Hormuz.

Ringgit Opens Mostly Higher Against Major Currencies, Slightly Lower Vs Greenback

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 13 (Bernama) -- The ringgit opened mostly higher against major currencies today, but eased slightly against the US dollar amid growing external uncertainties and firmer demand for the US dollar.

Global Ammonia, Urea Trade Flow At Risk On Strait Of Hormuz Closure -- Rystad Energy

KUALA LUMPUR, March 31 (Bernama) -- Global fertiliser and ammonia trade could be disrupted as the sale of 15 per cent of global ammonia, and 21 per cent of urea -- a high-nitrogen fertiliser -- is tied to West Asian exporters potentially impacted by the closure of the Strait of Hormuz, according to Rystad Energy.

Rubber Market Seen Trending Higher Next Week On Stronger Demand

By K. Naveen Prabu

KUALA LUMPUR, March 28 (Bernama) -- The rubber market is expected to trend higher next week, supported by stronger demand for the commodity amid supply disruptions in the global synthetic rubber segment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).