1d ago
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.
9d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 31 (Bernama) -- Shares on Bursa Malaysia reversed yesterday’s losses to finish higher on Tuesday, driven by buying interest in healthcare, utilities and banking counters.
10d ago
KUALA LUMPUR, March 30 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, in line with most regional markets, as investors adjusted their risk exposure amid spiralling oil prices driven by the ongoing West Asia conflict, now in its second month.
10d ago
KUALA LUMPUR, March 30 (Bernama) -- Malaysia and Thailand are the only Asian markets monitored by MBSB Investment Bank Bhd to receive net foreign inflows last week, recording RM587.6 million and US$58.9 million respectively, while other regional markets experienced net selling of equities.
12d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as the unresolved West Asia conflict continues to shape global market direction.
13d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 27 (Bernama) -- The ringgit retreated to the 4.00 level against the US dollar at noon, as risk-off mode dominated market sentiment due to growing scepticism over a ceasefire in Iran after United States (US) President Donald Trump indicated that he would not commit to a deal with Tehran.
13d ago
KUALA LUMPUR, March 27 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.
14d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 26 (Bernama) -- The ringgit extended its upward momentum, opening higher against the US dollar for a third consecutive day on Thursday, as market sentiment continued to hinge on prospects of a ceasefire between the United States and Iran.
15d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday, tracking gains across regional markets as a sharp pullback in oil prices helped boost overall market sentiment, analysts said.
16d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia gave up early gains to end lower today as risk appetite waned as fading hopes of de-escalation in the West Asia conflict weighed on sentiment.
16d ago
NEW YORK, March 24 (Bernama-Xinhua) -- US stocks saw solid growth on Monday as reports of potential diplomatic progress in the Middle East sparked a sharp pullback in oil prices and revived investor risk appetite, reported Xinhua.
19d ago
KUALA LUMPUR, March 21 (Bernama) -- Gold prices are currently under pressure due to market liquidation, rising real yields and temporarily delayed physical demand, rather than a breakdown in the long-term macroeconomic outlook, according to an analyst.