UAE Leaves OPEC And OPEC+ In Huge Blow To Global Oil Producers' Group

KUALA LUMPUR, April 28 (Reuters) -- The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.

Bursa Malaysia Opens Higher On Sustained Appetite For Technology, Utilities Counters

KUALA LUMPUR, April 28 (Bernama) -- Bursa Malaysia started Tuesday’s session on a firmer note, buoyed by sustained investor appetite for data centre-linked counters, particularly in the technology and utilities sectors, following robust earnings reported by United States (US) semiconductor players.

Bursa Malaysia Opens Higher On US-Iran Truce Extension

By Abdul Hamid A Rahman

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by improved sentiment after US President Donald Trump extended the West Asia ceasefire, with gains led by banking stocks in line with a firmer overnight performance on Wall Street.

Bursa Malaysia Opens Higher Amid Possible US-Iran Renegotiations

By Abdul Hamid A Rahman

KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia opened higher today on improved sentiment amid possible renegotiations between the United States and Iran despite Wall Street closing lower overnight.

Ringgit Opens Almost Flat Against Greenback As US Extends Ceasefire With Iran

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 22 (Bernama) -- The ringgit opened almost flat against the US dollar on Wednesday as market sentiment remained cautious following news that the United States-Iran ceasefire, originally expected to expire today, has been extended to allow negotiations with Iran to conclude.

Bursa Malaysia Ends Higher On Optimism Over Possible Second Round of US-Iran Talks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia closed higher today with market sentiment improving following reports that Iran may attend a second round of negotiations with the United States in Pakistan.

Strait Of Hormuz Reopening A Positive Step, Supply Security A Priority -- Akmal Nasrullah

KUALA LUMPUR, April 18 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir today described Iran’s commitment to keeping the strategic Strait of Hormuz open as a positive step.

Strait Of Hormuz Reopening Good News But Too Early To Celebrate - Economist

KUALA LUMPUR, April 18 (Bernama) -- Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.

Bursa Malaysia Trims Early Gains As Wall Street Sets Tone

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia opened slightly higher on Thursday but pared gains shortly after, tracking cues from Wall Street.

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.

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.