Bargain Hunting Expected To Support FBM KLCI Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.

Rubber Market Set For Modest Rise Next Week Amid Steady Demand Ahead Of CNY Celebrations

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 18 (Bernama) -- The rubber market is likely to move up slightly next week, with steady demand ahead of the Chinese New Year (CNY) celebration, said industry expert Denis Low. 

CPO Futures End Mostly Higher

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.

Bursa Malaysia Ends On Positive Note Supported By Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia ended the week on a positive note, in line with most of its regional peers, as bargain hunting boosted the FTSE Bursa Malaysia KLCI (FBM KLCI) after a lacklustre performance over the last few days.

KL Rubber Market Ends Lower Amid Mixed Regional Futures Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The Kuala Lumpur rubber market ended the week on a lower note today amid mixed advice from regional rubber futures markets, said a dealer. 

Malaysia’s GDP Expected To Hit 5.1 Pct In 2024 Vs 3.6 Pct In 2023 -- DOSM

KUALA LUMPUR, Jan 17 (Bernama) -- Malaysia’s 2024 gross domestic product (GDP) is projected to grow by 5.1 per cent compared to the 3.6 per cent growth recorded in 2023, supported by positive growth across all sectors, said the Department of Statistics Malaysia (DOSM).

SC Launches First Social Exchange Pilot Programme With 5 NGOs

KUALA LUMPUR, Jan 17 (Bernama) -- The Securities Commission Malaysia (SC) launched Malaysia’s first Social Exchange Pilot Programme (SEPP25) with five non-governmental organisations (NGOs) to share data, provide insights, and help develop the Social Exchange.

Financial Sector Receives 2.3 MLN Complaints Over Last 5 Years -- BNM

KUALA LUMPUR, Jan 17 (Bernama) -- The financial industry received around 2.3 million complaints over the past five years, 98 per cent of which were related to the banking sector and the rest insurance and takaful-related.

Affin Hwang Launches Malaysia’s First Crude Palm Oil Futures Structured Warrant

KUALA LUMPUR, Jan 17 (Bernama) -- Affin Hwang Investment Bank Bhd has launched Malaysia’s first crude palm oil futures structured warrant on Bursa Malaysia.

Ringgit Opens Higher Against US Dollar For Fourth Consecutive Day 

KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.

SC Ready To Collaborate to Develop Malaysia As Innovative, Responsible Digital Finance Hub

KUALA LUMPUR, Jan 16 (Bernama) -- The Securities Commission Malaysia (SC) is ready to work with all relevant agencies, including Bank Negara Malaysia (BNM) to further develop Malaysia as an innovative and responsible digital finance hub, said SC chairman Datuk Mohammad Faiz Azmi.

CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 16 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower again today on weaker soybean and crude oil prices.