There are 45 news based on search keyword " spike"

Palm Oil Players Should Hedge, Diversify Downstream -- Economist

KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Bargain Hunting Lifts FBM KLCI To Close Higher

By Anas Abu Hassan and Danni Haizal

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from early losses to end higher today, supported by bargain hunting activities and sustained local investor interest albeit cautious outlook on the global economic front, an analyst said.

Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

Auto Sector To Have Minimum Impact From SST Expansion -- CIMB Securities

KUALA LUMPUR, June 20 (Bernama) -- CIMB Securities Sdn Bhd has projected the upcoming Sales and Service Tax (SST) expansion in July 2025 to have a limited direct impact on the automotive sector.

Vista Explores Southeast Asia’s Ultra-Luxury Boom At Exclusive Singapore Panel

KUALA LUMPUR, June 20 (Bernama) -- Vista, the parent company of VistaJet and XO, has hosted a panel discussion in Singapore to explore shifting lifestyle and investment trends among Southeast Asia’s ultra-high-net-worth individuals (UHNWIs).

Bursa Malaysia Easier At Midday In Tandem With Most Regional Peers

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia remained easier at midday in tandem with most regional peers as traders stayed on the sidelines amid the intensifying Israel-Iran conflict, analysts said. 

Oil Prices Rally Amid Israel-Iran Conflict, Lifting Bursa Malaysia's Energy Stocks

KUALA LUMPUR, June 13 (Bernama) -- Israel’s military strike on Iran earlier today sent oil prices sharply higher, pushing up the Bursa Malaysia Energy Index by 2.01 per cent to 740.76 points from 726.13 points at yesterday’s close.

Tax Experts: Targeted SST Review Supports Fiscal Health

By Anas Abu Hassan

KUALA LUMPUR, June 9 (Bernama) -- The revision of Sales Tax rates and the expansion of the Service Tax scope form part of targeted fiscal measures to keep the nation’s finances on a sustainable path, tax experts said.

Malaysia Faces Sharp Rise In AI-Driven Cyber Threats, Fortinet Warns

KUALA LUMPUR, May 29 (Bernama) --  Malaysia is facing a sharp rise in artificial intelligence (AI)-driven cyber threats, with nearly 50 per cent of organisations reporting incidents involving AI-powered attacks, according to a survey commissioned by global cybersecurity firm Fortinet.

Bursa Malaysia Issues UMA Query To Sinaran Advance

KUALA LUMPUR, May 27 (Bernama) -- Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Sinaran Advance Group Bhd following a sharp decline in its share price and a sudden spike in trading volume.

Bursa Malaysia Snaps 6-day Losing Streak, Ci Up On Bargain Hunting

By Siti Radziah Hamzah

KUALA LUMPUR, May 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) snapped a six-day losing streak to close the week higher as bargain-hunting emerged due to improved risk sentiment. 

Rubber Market Likely To Track Regional Futures, Ringgit And Crude Oil Prices Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 17 (Bernama) -- The Malaysian rubber market is expected to track the performance of regional rubber futures markets, the strength of the ringgit against the United States (US) dollar, and benchmark crude oil prices, said a dealer.