FBM KLCI Futures Higher In Early Trade
KUALA LUMPUR, Sept 24 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session today, tracking the underlying cash market.
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Bursa Malaysia Opens Higher, Tracking Wall Street's Overnight Performance
By Karina Imran
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to open higher today, tracking Wall Street’s overnight upbeat performance, said an analyst.
RON95 Targeted Subsidy Can Influence Malaysia's Inflation Trends, Says Economist
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s inflation rate easing to 1.9 per cent in August 2024 has raised concerns about the implications of a RON95 targeted subsidy mechanism, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
CPO Futures Higher On Greater Export Outlook, Slowing Sept Production
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the fourth consecutive trading day on anticipation of greater export outlook amidst slowing production in September.
Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said.
Securities Commission Releases Updated Investor Alert List
KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission (SC) has updated its Investor Alert List containing the latest unauthorised entities and individuals for investment schemes.
Fed Rate Cut Impact Propels Gold Futures To Close Higher
KUALA LUMPUR, Sept 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.
Cropmate Gets Bursa's Nod To List On Ace Market
KUALA LUMPUR, Sept 23 (Bernama) -- Specialty fertiliser company Cropmate Bhd has received approval from Bursa Malaysia for its ACE Market listing.
AM Best: Favourable Rating Changes For APAC (Re) Insurers Despite Geopolitical Uncertainty
KUALA LUMPUR, Sept 23 (Bernama) -- AM Best in its new report revealed that long-term issuer credit rating (Long-Term ICR) upgrades exceeded downgrades for its rated Asia-Pacific (APAC) (re)insurers in 2023, driven predominantly by improved balance sheet strength and favourable operating performance.
Bursa Malaysia Ends Easier Amid Consolidation Mode
By Karina Imran
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia trended in a tight range and closed easier today as it has entered into a consolidation mode following two days of uptrend, said an analyst.
Penang Port Set To Exceed 1.5 Mln TEUs By Year-end, Says CEO
BUTTERWORTH, Sept 23 (Bernama) -- Penang Port Sdn Bhd is expected to exceed a container handling capacity of 1.5 million twenty-foot equivalent units (TEUs) by the end of this year, said its chief executive officer Datuk Sasedharan Vasudevan.
Akwel Anticipates Minor Sales Drop For Current Fiscal Year
KUALA LUMPUR, Sept 23 (Bernama) -- AKWEL, the automotive and heavy goods vehicle (HGV) components manufacturer, has posted a net income of 20.2 million euros, giving a net margin of 3.8 per cent for the first half of 2024. (1 euro = RM4.68)