Ringgit Extends Gains At Opening As Oil Prices Stabilise

KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.

Elevated Crude Oil Prices Will Result In Some Mixed Outcomes - Petronas

By Nor Baizura Basri

KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.

CPO Futures End Higher On Firmer Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished higher on Wednesday, mainly supported by firmer crude oil prices.

Gold Futures End Lower Amid Oil Price Recovery, Stronger Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, as the US dollar strengthened and oil prices rebounded, said an analyst.

Ringgit Ends Higher Vs US Dollar And Other Major Currencies 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.

Bursa Malaysia Ends Higher On Improved Sentiment Over Potential Strategic Oil Reserve Release

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia extended its upward trend to close higher on Wednesday, supported by improved market sentiment following reports of a potential release of strategic oil reserves aimed at easing the recent surge in global energy prices, said an analyst.

Dewan Negara Passes Bill To Revise Capitation Grant Rates, First Amendment In 24 Years

KUALA LUMPUR, March 11 (Bernama) --The Dewan Negara today passed the Capitation Grant Bill 2026, which seeks to amend the rates of grant allocated according to the population of each state based on a new rates structure.

Bursa Malaysia Remains Higher At Mid-Afternoon

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia stayed higher at mid-afternoon on continued buying in selected heavyweights led by financial services and utilities sectors.

CPO Prices Seen Averaging RM4,100-RM4,200 Per Tonne In 2026

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) prices are projected to average between RM4,100 and RM4,200 per tonne in 2026, supported by firmer crude oil prices that could improve biodiesel economics and support Indonesia’s potential B50 mandate.

Bursa Malaysia Higher At Midday, Tracking Gains In Most Regional Peers

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained higher at midday, tracking the upbeat performance of most regional peers.

Oil Price Shocks, Inflation and the Fragility of the Global Economy

By Dr Phar Kim Beng

Few economic indicators shape global stability as decisively as the price of oil. 

Bursa Malaysia Opens Marginally Lower After Volatile Wall Street Session

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session.