Ringgit May Breach 3.95 Next Week On West Asia Ceasefire Optimism - Economists

By Abdul Hamid A Rahman

KUALA LUMPUR, April 11 (Bernama) -- The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in West Asia, said economists.

Ringgit Closes Higher Against Major, ASEAN Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 10 (Bernama) -- The ringgit swept higher against major and ASEAN currencies on the last trading day of the week, supported by sustained buying interest amid cautious optimism over developments in West Asia.

Rubber Market Ends Mixed For Third Straight Day

KUALA LUMPUR, April 10 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the third consecutive day on Friday, tracking regional rubber futures, said a dealer.

Bursa Malaysia Closes Broadly Higher, Led By Tech, Property And Construction Stocks

By Siti Radziah Hamzah

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia closed broadly higher, with buying momentum seen mainly in technology, property and construction stocks.   

Bursa Malaysia Edges Higher At Opening

KUALA LUMPUR, April 10 (Bernama) -- Bursa Malaysia opened slightly higher on Friday, taking cues from positive overnight Wall Street performance, ahead of the United States (US)-Iran ceasefire talks in Pakistan this weekend.

CPO Futures Snap Three-day Losses To Close Higher On Bargain Buying

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to close higher on Thursday, supported by bargain buying and a recovery in energy prices, a trader said.

Ringgit Closes Mostly Higher Against Major Currencies, Slightly Lower Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed mostly higher against major currencies today, but eased slightly against the US dollar amid concerns over the durability of the ceasefire between the United States and Iran.

Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.

CPO Futures End Lower, Tracking Crude Oil Weakness

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, mirroring the decline in oil prices following the ceasefire announced by the United States and Iran, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Ringgit Rises To 3.97 Against US Dollar At The Close As US-Iran Reaches Ceasefire Deal

By Abdul Hamid A Rahman

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran in the West Asia conflict.

Bursa Malaysia Ends Higher, CI Jumps 1.16 Pct As US-Iran Ceasefire Lifts Sentiment

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.