Bargain Hunting Lifts Bursa Malaysia To Open Higher
KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
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Bursa Malaysia Ends Winning Streak Amid US Data, Tariff Concerns
KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.
Bargain Hunting Expected To Support FBM KLCI Next Week
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to extend its upward momentum in the coming week, building on Friday’s rebound following four days of sell-off, said an analyst.
Bursa Malaysia Reverses Early Losses To End Morning Session Higher
KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to close the morning session higher as improved buying was seen in selected utilities and financial services heavyweights counters.
Ringgit Opens Higher Against US Dollar For Fourth Consecutive Day
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.
Bursa Malaysia Ends Lower On Heavy Foreign Selling
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 16 (Bernama) -- Bursa Malaysia gave up early gains to end at an intraday low on Thursday due to massive foreign selling, and bucking the regional trend in the process.
Advance GDP Likely To Expand 5 Pct In 4Q 2024 - CIMB Securities
KUALA LUMPUR, Jan 14 (Bernama) -- Malaysia’s advance gross domestic product (GDP) is expected to expand five per cent in the fourth quarter of 2024 (4Q 2024), moderating from 5.3 per cent in 3Q 2024, according to CIMB Securities Sdn Bhd.
Bursa Malaysia Ends Lower On Heavy Selling In Tech, Utility Stocks
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 13 (Bernama) -- Bursa Malaysia's benchmark index ended lower today, weighed down by heavy selling in technology and utility blue chips, reflecting the ripple effect from a sell-off on Wall Street last Friday.
Maybank IB: Malaysian Consumer Sector Poised For Strong Year In 2025
KUALA LUMPUR, Jan 10 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) believes the Malaysian consumer sector is poised for a strong year in 2025, driven by robust macroeconomic factors and government assistance that are expected to boost disposable income, improving consumer sentiment and spending capacity.
Bursa Malaysia Rebounds Amid Mixed Performances From Asian Markets
KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia rebounded and closed higher due to buying support in selected heavyweights amid mixed performances from Asian markets.
Rubber Market Closes Lower, In Line With Regional Downtrend
KUALA LUMPUR, Dec 18 (Bernama) – The rubber market closed lower on Wednesday, following the downtrend in regional rubber futures markets, said a dealer.
Ringgit Opens Higher Against Greenback On Expected US Interest Rate Cut
KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.