FBM KLCI Futures Higher In Early Trade

KUALA LUMPUR, Sept 24 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session today, tracking the underlying cash market.

Bursa Malaysia Opens Higher, Tracking Wall Street's Overnight Performance 

By Karina Imran

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to open higher today, tracking Wall Street’s overnight upbeat performance, said an analyst.

Ringgit Opens Higher Vs US Dollar, Revisits RM4.19 Level

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.

CPO Futures Higher On Greater Export Outlook, Slowing Sept Production

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the fourth consecutive trading day on anticipation of greater export outlook amidst slowing production in September.

Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said. 

Fed Rate Cut Impact Propels Gold Futures To Close Higher

KUALA LUMPUR, Sept 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.

AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty

KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.

Penang Port Set To Exceed 1.5 Mln TEUs By Year-end, Says CEO

BUTTERWORTH, Sept 23 (Bernama) -- Penang Port Sdn Bhd is expected to exceed a container handling capacity of 1.5 million twenty-foot equivalent units (TEUs) by the end of this year, said its chief executive officer Datuk Sasedharan Vasudevan.

Malaysia's Fiscal Deficit Target Of 3 Pct By 2026 Challenging But Achievable - MARC

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’a fiscal deficit target of three per cent by 2026 “remains challenging but achievable,” according to Malaysian Rating Corporation Bhd (MARC).

KPK Proposes Revision Of WPL On Palm Oil; MOF Feedback Pending

PUTRAJAYA, Sept 23 (Bernama) -- The Plantation and Commodities Ministry (KPK) presented a proposal to the Ministry of Finance (MoF) last week to revise the windfall profit levy (WPL) on palm oil in the country.

Bursa Malaysia Ends Morning Session Lower

By Karina Imran

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia was lower at midday due to profit-taking in selected heavyweights, said an analyst. 

Malaysia's August Inflation Eases To 1.9 Pct - DoSM

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia's inflation rate for August 2024 has eased to 1.9 per cent, with the Consumer Price Index (CPI) reaching 133.2, compared to 130.7 in the same month of the previous year, according to the Department of Statistics Malaysia (DoSM).