1y ago
By NurulJannah Kamaruddin
KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.
1y ago
KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia ended the morning trade session in the red as investors hesitated to make their move ahead of the United States’ (US) presidential election next week and upcoming data that could influence the US Federal Reserve’s interest rate decision.
1y ago
KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended in decline on Tuesday, attributed to weaker cues from regional rubber futures markets and overall cautious sentiment in the global market, said a dealer.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.
1y ago
KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The local rubber market is expected to trade in a flattish mode next week, with demand and prices remaining soft, according to industry expert Denis Low.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit traded slightly higher against the US dollar early Thursday, amid uncertainty over the upcoming US presidential election on Nov 5, an analyst said.
1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally lower amidst continued concerns over escalating geopolitical tensions, the United States (US) election uncertainties as well as the slower pace of US interest rate cuts, analysts said.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.