Bursa Malaysia Pares Losses To Open Higher, Tracking Wall Street's Gains
KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia pared yesterday’s losses to open higher on Tuesday, tracking overnight gains on Wall Street.
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Gold Futures End Lower Amid Firmer Demand For US Dollar
KUALA LUMPUR, April 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today due to stronger US dollar and shifting investor positioning amid geopolitical uncertainties in West Asia.
Ringgit Closes Lower Vs Greenback As West Asia Tensions Weigh
By Zufazlin Baharuddin
KUALA LUMPUR, April 13 (Bernama) -- The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst.
Bursa Malaysia Ends Lower Following US Plan To Blockade Strait Of Hormuz
By Danni Haizal Danial Donald
KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.
Lack Of GCC Unity Complicates Iran War, Says Academic
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 13 (Bernama) -- A lack of unity among the countries in the Gulf Cooperation Council (GCC) appears to be one of the factors contributing to the increasing complexity of the war in Iran, according to an academic.
Rubber Market Ends Mixed Tracing Regional Rubber Futures
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, April 13 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday tracing the regional rubber futures, a dealer said.
Malaysia's Growth Outlook Intact Despite The Strait Of Hormuz Blockade -- Economists
By Siti Noor Afera Abu
KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.
Bursa Malaysia Lower At Midday, Tracking Regional Peers
KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia ended the morning trading session lower, in line with regional market losses, as sentiment remained volatile amid ongoing developments in the Strait of Hormuz.
Ringgit Opens Mostly Higher Against Major Currencies, Slightly Lower Vs Greenback
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 13 (Bernama) -- The ringgit opened mostly higher against major currencies today, but eased slightly against the US dollar amid growing external uncertainties and firmer demand for the US dollar.
Ringgit May Breach 3.95 Next Week On West Asia Ceasefire Optimism - Economists
By Abdul Hamid A Rahman
KUALA LUMPUR, April 11 (Bernama) -- The ringgit is expected to maintain its upward trajectory next week and could breach the 3.95 level amid cautious optimism over developments in West Asia, said economists.
CPO Prices To Remain Elevated On Biodiesel Mandate, Higher Oil Prices -- CIMB Securities
KUALA LUMPUR, April 10 (Bernama) -- Crude palm oil (CPO) prices are expected to remain elevated, supported by biodiesel mandates, higher oil prices, and weather-related supply risks, said CIMB Securities Sdn Bhd.
Ringgit Closes Higher Against Major, ASEAN Currencies
By Abdul Hamid A Rahman
KUALA LUMPUR, April 10 (Bernama) -- The ringgit swept higher against major and ASEAN currencies on the last trading day of the week, supported by sustained buying interest amid cautious optimism over developments in West Asia.