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Gamuda May Replace Genting Malaysia In List Of FBM KLCI Constituent Stocks -- MIDF Amanah

KUALA LUMPUR, Sept 17 (Bernama) -- Gamuda Bhd may replace Genting Malaysia Bhd on the FTSE Bursa Malaysia KLCI (FBM KLCI) constituent stocks list on Dec 23, 2024, according to MIDF Amanah Investment Bank Bhd.

FBM KLCI Rises As Investors Chase Glove Counters Amid Expectation For Outsized US Rate Cut

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.

Taiwan Pavilion Showcases 18 Companies With Halal-certified Products At MIHAS 2024

KUALA LUMPUR, Sept 17 (Bernama) -- The Taiwan External Trade Development Council (TAITRA) is showcasing halal-friendly products from 18 Taiwanese companies at the Taiwan Pavilion during the Malaysia International Halal Showcase (MIHAS 2024), held from Sept 17-20, 2024.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended the morning session higher, ahead of the US Federal Reserve’s (Fed) interest rate decision tomorrow, with sentiment lifted by rising expectations for an oversized rate cut.

Bursa Malaysia Maintains Uptrend At Mid-morning, Glove Counters Among Top Gainers

KUALA LUMPUR, Sept 17 (Bernama) -- Trading on Bursa Malaysia continued to build up its momentum at mid-morning with glove counters dominating the gainers’ list.  

Glove Counters Jump In Early Session On Higher Us Tariffs On Chinese Imports

KUALA LUMPUR, Sept 17 (Bernama) -- Glove counters rose in early Tuesday trading following a recent announcement by the US Trade Representative (USTR) on substantial tariff increases imposed on Chinese imports, including a phased tariff structure for medical face masks and surgical gloves.

India Removes Minimum Price Restriction On Basmati Rice, Onion Exports

By Shakir Husain

NEW DELHI, Sept 14 (Bernama) -- India has removed the minimum price bar for basmati rice and onion exports, with the country's trade minister hailing the decision as beneficial to farmers.

Bad Weather Conditions Likely To Boost Rubber Market Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 14 (Bernama) — The local rubber market is expected to trade higher next week due to uncertainties caused by bad weather conditions, which could boost both demand and prices, said industry expert Denis Low.

Bursa Malaysia Set To Consolidate Next Week Amid Strength In Global Equities

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia is expected to consolidate within the 1,630-1,670 range next week, offering accumulation opportunities and potentially setting the stage for an upward move as market sentiment improves.

FBM KLCI Futures Set To Consolidate Next Week

KUALA LUMPUR, Sept 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is set to consolidate next week in sync with the underlying cash market. 

Bursa Malaysa Ends On A High Note

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.

OTC Markets Group To Connect East And West With OTC Overnight 

KUALA LUMPUR, Sept 13 (Bernama) -- OTC Markets Group Inc has officially launched over-the-counter (OTC) Overnight, enabling a select group of active securities to be traded from Sunday through Thursday.