Asian Stocks Plunge Following Trump's Ultimatum To Iran
TOKYO, March 23 (Bernama-dpa) -- Asian markets opened sharply lower on Monday following an ultimatum from US President Donald Trump to Iran, reported Geman Press Agency (dpa).
| LATEST NEWS | Cost implications from raw materials and other costs visible after June -- Energy Commission | The Energy Commission is looking at energy cost scenarios in case the West Asia conflict is prolonged — CEO | The Energy Commission has done its part to secure raw supply for energy fuel in short term period - EC CEO | About 85 pct of domestic or household consumers will remain at a stable or neutral level in terms of electricity bill impact following the incentive -- Energy Commission CEO | Automatic Fuel Adjustment: Electricity, gas tariff adjustments to be made periodically based on the actual cost of supply - Energy Commission CEO | |
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Asian Shares Plunge As Iran Conflict Worsens
BEIJING, March 19 (Bernama-dpa-AFX) -- Asian stocks nosedived on Thursday as rising oil prices following attacks on key energy infrastructure in West Asia rekindled concerns about inflation, interest rates, and the regional growth outlook, reported dpa-AFX.
Bursa Malaysia Ends Higher Tracking Regional Gains, CI Up 1.10 Pct
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare.
Bursa Malaysia Rebounds On Bargain Hunting, In Sync With Positive Regional Markets
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance.
Domestic Sectors Hold Resilient Amid Oil Volatility - Maybank IB
KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s domestic sectors are expected to remain resilient despite near-term market jitters, Maybank Investment Bank Bhd (Maybank IB) said.
Bursa Malaysia Opens Higher, Tracking Wall Street Gains
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia opened higher on Tuesday, buoyed by Wall Street gains and supported by broad-based buying across regional markets.
Bursa Malaysia Ends Marginally Lower as West Asia Conflicts Weigh On Market Sentiment
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as ongoing geopolitical tensions in West Asia continued to weigh on market sentiment.
Bursa Malaysia Lower At Midday Amid Selected Selling
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by profit-taking in industrial products and services, consumer products and services, and construction stocks.
Consumer Staples And Transport-related Counters Seen Riding Raya Wave
By Zufazlin Baharuddin
KUALA LUMPUR, March 16 (Bernama) – Companies with a strong brand position and better cost management are likely to deliver improved quarterly results, driven by festive sales, which in turn could support their share price, analysts said.
CPO Futures' Bullish Trend Expected To Continue Next Week Amid West Asia War
By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- Crude palm oil (CPO) futures trading on Bursa Malaysia Derivatives is expected to remain bullish next week in line with firmer crude oil prices driven by uncertainty created by the ongoing West Asia conflict.
O&G-related Stocks Rise As Iran Signals Hormuz Will Remain Closed
KUALA LUMPUR, March 13 (Bernama) -- Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed.
Bursa Malaysia's Benchmark Index Ends At Intraday High On Late Buying
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.