Ringgit Closes Higher Vs US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.

ASNB Launches Pandu Impianmu 2.0 Campaign With Prizes Worth RM875,000

KUALA LUMPUR, April 28 (Bernama) -- Amanah Saham Nasional Bhd (ASNB), a wholly-owned subsidiary of Permodalan Nasional Bhd (PNB), has launched the Pandu Impianmu 2.0 Campaign offering prizes worth RM857,000.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 28 (Bernama) -- The ringgit closed higher against major and regional currencies but was flat against the US dollar today amid cautious sentiments over rising crude oil prices.

Ringgit Closes Higher Against US Dollar On Tech-led Inflows, Easing Geopolitical Risks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 27 (Bernama) -- The ringgit closed higher against the greenback today on improved optimism, as markets saw inflows into semiconductor-related stocks, which benefited Malaysia.

Global Supply Crisis Presents Opportunities, Malaysia Remains Safe Investment Destination - Tengku Zafrul

KUALA LUMPUR, April 26 (Bernama) -- Senior Political Adviser to the Prime Minister Tengku Datuk Seri Zafrul Abdul Aziz said the global supply crisis should be viewed as an opportunity to strengthen Malaysia’s position as a safe investment destination.

Malaysia Well-positioned To Capture Hormuz Diversions, But Efficiency Crucial -- Experts

KUALA LUMPUR, April 26 (Bernama) -- Malaysia is well-positioned to absorb any increase in redirected trade flows through the Strait of Melaka if shippers decide on alternative routes to avoid the conflict-stricken Strait of Hormuz.

Bursa Malaysia Likely To Trade Sideways Between 1,700 And 1,730 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia’s key index is likely to move sideways within the 1,700–1,730 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Bursa Malaysia Ends Slightly Lower In Line With Weaker Regional Peers

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia closed marginally lower in line with the weaker performance of regional peers as investors refrained from taking long positions ahead of the weekend.

Bursa Malaysia Opens Higher On Industrial, Utilities Stocks Support

By Abdul Hamid A Rahman

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia opened higher on Friday, lifted by buying in heavyweight stocks led by industrial products and utilities counters, despite weaker overnight performance on Wall Street.

Bursa Malaysia Ends Firmer, Lifted By Banks & Telcos

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia closed higher today, lifted by selective buying in banking and telecommunications heavyweights amid improved sentiment following the extended ceasefire in West Asia.

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 Snaps Four-day Winning Streak On Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia snapped a four-day winning streak to close marginally lower today, as profit-taking followed mixed performances across regional markets.