Bursa Malaysia To Trade Sideways Next Week Amid Tariff Uncertainty, Shortened Holiday Week

By Abdul Hamid A Rahman

KUALA LUMPUR, March 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade sideways next week in a shortened trading week, hovering between 1,505 and 1,515.

FBM KLCI Futures To Trade Sideways Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, March 29 (Bernama) --The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade within a narrow range during the upcoming holiday-shortened trading week, mirroring the cash market’s performance.

Bursa Malaysia Ends Lower On Profit-taking, Earthquake In Myanmar Shakes Investor Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia closed lower today on profit-taking after a strong three-day rally, and investor sentiment was further shaken in the late afternoon session following news of an earthquake in Myanmar with tremors felt in neighbouring Thailand, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.

Consistent Savings Simplify Hajj Planning

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 28 (Bernama) -- The recent announcement of Lembaga Tabung Haji’s (TH) 2024 profit distribution has brought joy to depositors, especially with Hari Raya Aidilfitri approaching.

Bursa Malaysia Extends Winning Streak, Leads Asia In Market Performance

By Abdul Hamid A Rahman

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia extended its winning streak for a third consecutive day today, buoyed by renewed investor confidence and strategic repositioning, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.

Targeted RON95 Subsidy Mechanism Still Being Fine-tuned -- Amir Hamzah

KUALA LUMPUR, March 27 (Bernama) -- The mechanism for the targeted RON95 subsidy is still being fine-tuned and will involve a two-tier pricing system as well as potentially involve using MyKad, said Second Finance Minister Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Eases In Early Trade, Tracking Wall Street's Decline Overnight

KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia was lower in the early trading session, taking its cue from Wall Street’s overnight decline, analysts said.

Velesto Proposes RM1.2 Bln capital Reduction To Strengthen Finances

KUALA LUMPUR, March 25 (Bernama) -- Velesto Energy Bhd has proposed a capital reduction of RM1.2 billion, which will be credited to the retained earnings or to set off against any accumulated losses of the company.

Bursa Malaysia Ends Higher On Bargain Hunting, Tracks Wall Street Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia closed higher today, boosted by bargain hunting following yesterday’s weakness and supported by positive cues from Wall Street overnight.

Bursa Malaysia Opens Higher, Tracking Wall Street's Strong Overnight Performance

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia opened higher this morning, taking its cue from Wall Street’s strong overnight performance.

Bursa Malaysia Ends Lower On Late Selling, Cautious Sentiment Ahead Of US Tariff Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia closed in negative territory today, erasing earlier gains as late selling pressure weighed on the market, while investors remained cautious ahead of upcoming tariff announcements by United States (US) President Donald Trump.

Bursa Malaysia Gives Up Early Gains Amid Weak Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia opened higher, tracking Wall Street’s strong overnight performance, but retreated soon after due to a lack of fresh catalysts.