Bursa Malaysia Opens Lower, West Asia Tensions Weigh On Sentiment
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.
| LATEST NEWS | At 6 pm, the ringgit was almost flat versus the greenback at 4.0275/0320, compared with 4.0245/0320 at Monday’s close. | Global energy crisis also affects supply of medicines and medical devices - Akmal Nasrullah | National Economic Action Council looking into fuel diversification, strengthening trade ties and securing production inputs — Akmal Nasrullah | The govt views seriously the current development in West Asia and its impact on the economy -- Akmal Nasrullah | Global energy crisis: Special access pathway implemented, ensuring access to critical health needs - Akmal Nasrullah | |
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.
KUALA LUMPUR, April 5 (Bernama) -- The late Tun Dr Ling Liong Sik was instrumental in developing human capital and a visionary in recognising the logistics industry as a key pillar of Malaysia’s economic growth.
By Karina Imran
KUALA LUMPUR, April 4 (Bernama) -- Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) -- The surge in global oil prices following the conflict in West Asia does not necessarily lead to extraordinary profits, as cost increases also occur across the entire energy value chain, said Petroliam Nasional Bhd (Petronas).
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.
KUALA LUMPUR, April 3 (Bernama) -- Malaysia secured sales of more than RM200 million at the 114th China Food and Drinks Fair (CFDF) last month through the participation of the Malaysia External Trade Development Corporation (MATRADE) in collaboration with Messe Worldwide Sdn Bhd.
KUALA LUMPUR, April 3 (Bernama) -- The Life Insurance Association of Malaysia (LIAM) has appointed Zurich Life Insurance Malaysia Bhd chief executive officer (CEO), Pauline Teoh, as its new president.
KUALA LUMPUR, April 3 (Bernama) -- RHB Banking Group is reinforcing its commitment to enhancing customers’ financial well-being with the launch of RHB Wealth Advance (RWA) and Takaful mySmart Income Enhanced (MSIE).
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia settled marginally higher at midday, amid mixed performance in regional markets due to uncertainty over the outcome of the West Asia crisis.
KUALA LUMPUR, April 3 (Bernama) -- Refiners are expected to reduce operating runs as decisions are driven by hedgable economics rather than directional market views, said independent research and energy intelligence company Rystad Energy.
KUALA LUMPUR, April 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Hong Kong’s CMB Wing Lung Insurance Company Limited (CMBWLI), with a stable outlook.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia rose in early trade Friday as investors assessed risks from the ongoing conflict in West Asia.