1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year, according to the Department of Statistics Malaysia (DoSM).
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- Bursa Malaysia is anticipated to remain in a consolidation phase next week, with investors closely monitoring both domestic and international developments that could influence market direction.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia remained lower at midday today, mirroring the mostly weaker regional market performance after US consumer price index (CPI) data last night showed sticky inflation.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit opened flat against the US dollar today despite the higher US dollar index (DXY).
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia’s key index reversed early losses to end higher today on renewed interest in utilities as well as industrial product and services stocks amid the mixed performance by regional peers.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia turned mixed at midday today, backed by continuous buying in selected heavyweights amidst the weaker performance by regional peers.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.
1y ago
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia’s key index remained positive at midday today, mainly boosted by plantation stocks.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
1y ago
KUALA LUMPUR, Oct 24 (Bernama) -- MIDF Amanah Investment Bank Bhd has revised its 2024 inflation forecast downward to two per cent from 2.3 per cent previously, taking into account the absence of subsidy rationalisation this year.