1y ago
KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the day broadly lower, mirroring regional market trends, as investor sentiment was dampened by the US Federal Reserve’s (Fed) decision to maintain interest rates and the People’s Bank of China’s (PBOC) unexpected decision to keep its key lending rates unchanged, said an analyst.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- Bursa Malaysia opened higher, tracking Wall Street’s overnight gains after the US Federal Reserve (Fed) kept interest rates unchanged and reaffirmed its forecast for two rate cuts this year.
1y ago
KUALA LUMPUR, March 20 (Bernama) -- The ringgit opened higher against the US dollar after the US Federal Open Market Committee (FOMC) struck a dovish tone on inflation.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 20 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, supported by an uptrend in regional rubber futures markets and persistent concerns over a natural rubber supply shortage, said a dealer.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
1y ago
KUALA LUMPUR, Jan 16 (Bernama) --Bursa Malaysia rebounded to open higher today, buoyed by improved sentiments following Wall Street’s better performance overnight.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 20 (Bernama) -- The Kuala Lumpur rubber market continued its upward trend to end higher on Wednesday, buoyed by a rally in regional rubber futures markets and a weaker ringgit against the US dollar, a dealer said.