KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened slightly higher today but retreated thereafter, driven by mild profit taking, amid renewed concern over the global economic outlook, an analyst said.
KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the US Federal Reserve (Fed) left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.
KUALA LUMPUR, May 7 (Bernama) -- Although the overnight policy rate (OPR) is expected by many to stay at 3.0 per cent, some economists see a possible 25 basis points (bps) cut by Bank Negara Malaysia (BNM) as pre-emptive support against the potential downside risks of the American tariffs.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 7 (Bernama) -- The ringgit ended slightly lower against the US dollar at Wednesday’s close ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision tomorrow, said an analyst.
KUALA LUMPUR, May 7 (Bernama) -- Persistent buying in selected telecommunications and media, as well as utilities counters lifted Bursa Malaysia to end at an intraday high today, in line with positive momentum across the regional market, an analyst said.
KUALA LUMPUR, May 7 (Bernama) -- Meltwater, a global leader in media, social and consumer intelligence, has launched Mira, an artificial intelligence (AI)-powered assistant designed to simplify complex workflows and deliver real-time insights through an intuitive chat-based interface.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 6 (Bernama) -- The ringgit closed lower against the US dollar today as traders remained cautious ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting, said an analyst.
By Zarul Effendi Razali
KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia reversed early gains to close marginally lower today, dragged down by profit-taking in financial services as well as industrial products and services counters, an analyst said.
KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened higher today but retreated thereafter, driven by mild profit-taking in selected heavyweights as Wall Street continued its uptrend, analysts said.
KUALA LUMPUR, May 6 (Bernama) -- The ringgit extended gains, opening stronger against the US dollar on Tuesday, supported by ongoing positive sentiment towards the local currency, said an analyst.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday, driven by an increase in palm oil production, according to Fastmarkets Palm Oil Analytics.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 5 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher on Monday amid a weaker United States (US) dollar, said an analyst.
