1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to continue trading with an upward bias next week due to positive sentiment amid year-end window dressing activities.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit maintained its upward momentum and opened higher against the US dollar on Friday, despite the greenback's strength driven by expectations about the United States (US) administration’s trade policy.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia sustained its bullish momentum to finish on a firm note today, supported by persistent buying interest amid positive sentiment across the board, said an analyst.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- Kenanga Research has revised its financial year 2025 forecast (FY2025F) core profit for Petronas Chemicals Group Bhd (PCG) upward by 10 per cent, reflecting higher polyolefin price assumptions and improved speciality division profits.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by the yuan’s stabilisation after the People’s Bank of China decided against cutting rates earlier this week, a move seen as a positive signal.
1y ago
KUALA LUMPUR, Dec 25 (Bernama) -- Cocoa and pepper continued their upward performance in 2024 driven by higher global demand and the government’s support towards the commodity’s growth.
1y ago
KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit maintained its upward trajectory to close higher against the US dollar and major currencies, mainly lifted by rising oil prices.
1y ago
KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.
1y ago
KUALA LUMPUR, Dec 23 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) staged a rebound from last Friday’s losses to close higher today, underpinned by renewed buying interest in banking stocks, in line with the mostly positive regional market performance, said an analyst.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 21 (Bernama) -- The rubber market is expected to remain volatile next week, with potential for higher prices due to adverse weather conditions in major producing countries and a global shortage of natural rubber stocks, said the Malaysian Rubber Glove Manufacturers Association (Margma).
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on the final trading day of the week, pressured by a stronger greenback following upbeat US economic data that exceeded market expectations.