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FBM KLCI Falls Below 1,600, Set To Attract Bargain Hunters

KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia fell below the key psychological support level of 1,600, as investors held back from making significant moves amid weak cues from Wall Street following a disappointing outlook from major tech firms.

Sweden-Malaysia Economic Ties Flourish, FDI Soars & Semiconductor Sector Emerges As Key Growth Area

KUALA LUMPUR, Nov 1 (Bernama) -- Economic ties between Sweden and Malaysia have flourished over the years, with Swedish foreign direct investment (FDI) in Malaysia soaring to US$1.43 billion (US$1=RM4.37) to date from US$113 million in 2014.

Ringgit Opens Flat Amid Investor Caution On US Election Risks

KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.

Gold Futures Close Higher As Investors Focus On US Presidential Election

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Wednesday amid investors focussing their attention on the United States presidential election next week, said an analyst.

US Tariffs On China To Have Mixed Impact On ASEAN Economies -- OCBC

KUALA LUMPUR, Oct 30 (Bernama) -- Potential US tariffs of up to 60 per cent on Chinese exports could have a mixed impact on ASEAN economies, creating medium-term growth opportunities for the ASEAN-6 region, which includes Malaysia, said OCBC Global Markets Research.

Ringgit Edges Higher Against US Dollar At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit edged higher at the close against the US dollar on Wednesday as traders and investors remain guarded ahead of a crucial week, said an analyst.

Bursa Malaysia Ends Lower On Regional Jitters As US Election Uncertainty Weighs

By NurulJannah Kamaruddin

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia mirrored regional jitters to end lower as the US election nears with polls indicating a closely contested race.

Rubber Market Ends Higher Amid Crude Oil Recovery

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.

Bursa Slides At Noon Break On Sideways Trading

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia ended the morning trade session in the red as investors hesitated to make their move ahead of the United States’ (US) presidential election next week and upcoming data that could influence the US Federal Reserve’s interest rate decision.

Bursa Malaysia Opens Flat On Continued Caution Ahead Of US Election

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia tilted down in early trade on continued caution ahead of the US presidential election.

Ringgit Opens Higher After Fall In US Job Openings

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.

MITI To Continue Engaging With US Authorities On Solar Export Tariff Hikes

KUALA LUMPUR, Oct 29 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) will help Malaysian solar manufacturers and related companies affected by the US tariff hike on solar exports to get more information on the move by Washington.