There are 274 news based on search keyword " profit-taking"

Ringgit Retreats After An Eight-Day Rally

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 14 (Bernama) -- The ringgit closed marginally lower against the US dollar today, as the market saw a mild correction following recent gains despite supportive domestic economic data. 

Bursa Malaysia Ends Lower, Tracking Regional, Wall Street Downturn

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia gave up yesterday’s gains to close lower on Friday, tracking regional weakness following Wall Street’s downturn as global equities slipped on renewed worries over stretched technology valuations and uncertainty surrounding the US Federal Reserve’s policy outlook.

Bursa Malaysia Opens Lower On Profit-taking, Cautious Regional Sentiment

KUALA LUMPUR, Nov 14 (Bernama) -- Bursa Malaysia opened lower on Friday, dragged down by profit-taking in heavyweight counters amid cautious sentiment across regional markets.

Bursa Malaysia Ends Lower On Mixed Sentiment Ahead Of Key Data Releases

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia snapped its three-day winning streak to close marginally lower on Wednesday as selling pressure emerged in selected heavyweight counters, particularly in financial services and telecommunications sectors.

Bursa Malaysia Remains Lower At Midday Due To Profit-taking

KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia remained easier at midday today as profit-taking continued, especially in plantation and healthcare stocks.

Ringgit Likely To Remain Bullish Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit is expected to remain bullish next week although there could be profit-taking activities due to the recent appreciation, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.

Bursa Malaysia Closes At Intraday Low On Late Selling

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia reversed earlier gains to close at its intraday low on Thursday, weighed down by late selling and profit-taking, despite the upbeat performances in regional markets.

Bursa Edges Lower At Midday, Tracking Regional Losses

KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia slipped at midday, mirroring declines in regional markets as investors continued profit-taking in select heavyweights, led by financial, and consumer products and services counters.

CPO Futures Likely To Trade Range-bound Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week amid profit-taking and window-dressing activities as the year heads to a close, a trader said.

Bursa Malaysia Marginally Lower At Mid-day On Profit-taking

KUALA LUMPUR, Oct 31 (Bernama) -- Bursa Malaysia traded marginally lower at mid-day due to profit-taking, particularly in telecommunication, consumer product, and plantation counters.

Gold Futures End Lower As Fed’s Hawkish Cut Triggers Profit-taking

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders and investors locked in profits following the United States Federal Reserve’s (Fed) latest policy decision, which was seen as a “hawkish cut”.

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.