Bursa Malaysia Closes Higher On Late Buying

By Karina Imran

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia reversed earlier losses to end higher on Tuesday as buying interest gained momentum in the afternoon session, said an analyst. 

Rubber Market Closes Higher, Tracking Regional Rubber Futures

KUALA LUMPUR, May 5 (Bernama) -- The rubber market closed higher on Tuesday, tracking gains in regional rubber futures amid the absence of Chinese and Japanese buyers, said a dealer.

Shah Alam Sports Complex Project Value Remains At RM2.94 Bln

SHAH ALAM, May 5 (Bernama) -- The Shah Alam Sports Complex (KSSA) development is proceeding as planned with the committed value remaining at RM2.94 billion despite concerns over potential cost increase following the global supply crisis.

Bursa Malaysia Opens Lower Amid Renewed West Asia Tensions

By Karina Imran

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, mirroring Wall Street’s decline as renewed geopolitical tensions in West Asia dampened investor sentiment, an analyst said.

Ringgit Steady Against US Dollar Ahead Of MPC Decision

KUALA LUMPUR, May 5 (Bernama) -- The ringgit opened nearly unchanged against the US dollar from yesterday’s close as markets await the latest decision by Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC), scheduled for May 7.

Gold Futures End Lower On Hawkish Inflation Signals

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, tracking the softer COMEX gold futures performance, as investors digested hawkish stances on inflation by major central banks.

Rubber Closes Mixed Amid Ringgit Gains, Higher Crude Oil

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 4 (Bernama) -- The rubber market closed mixed on Monday amid a stronger ringgit against the US dollar and higher crude oil prices, a dealer said. 

Global Supply Crisis A Clear Signal For Malaysia To Speed Up Green Energy Shift - Expert

KUALA LUMPUR, May 4 (Bernama) -- Global supply disruptions caused by geopolitical conflict in West Asia are a clear signal that Malaysia must reduce its reliance on fossil fuels and accelerate the transition to renewable energy, an economic expert has said.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia stayed higher at midday on continued buying activities in selected financial services and plantation counters. 

Investor Confidence In Johor Remains Firm Amid Global Supply Crisis - Onn Hafiz

ISKANDAR PUTERI, May 4 (Bernama) -- Investor confidence in Johor remains strong even though the country is currently facing considerable challenges with the global supply crisis, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Bursa Malaysia Opens Firmer On Foreign Inflows, IMF Optimism

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia opened higher on the first trading day of May, supported by continued net foreign inflows and bolstered by the International Monetary Fund’s (IMF) upbeat outlook on Malaysia’s economic prospects.

Ringgit Opens Higher Against US Dollar Ahead Of OPR Announcement

KUALA LUMPUR, May 4 (Bernama) -- The ringgit opened higher against the US dollar on the first trading day of May, with the upcoming Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting later this week, developments in the United States–Iran conflict and the release of the US non-farm payroll (NFP) data expected to set the tone for the market.