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Geopolitical Tensions, Abrupt Airspace Closures Keep Malaysian And Global Airlines On High Alert

KUALA LUMPUR, June 25 (Bernama) -- Malaysia’s aviation sector is on high alert, prioritising safety to avoid a repeat of the downing of Malaysia Airlines flight MH17 more than a decade ago. The heightened caution follows a wave of airspace closures by Arab states after Iran launched a missile strike on a United States (US) base in Qatar.

Bursa Rises At Open, Tracks Wall Street Rally

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia rebounded to open higher on Wednesday, tracking Wall Street’s overnight rally as sentiment improved amid easing Middle East tensions, an analyst said.

Gold Futures Retreat As Geopolitical Fears Ease

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives retreated at the close on Tuesday as geopolitical fears eased and investors pivoted their focus toward shifting monetary dynamics.

Ringgit Rises Against US Dollar At The Close On Easing Tensions In Middle East

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel-Iran conflict, said an economist.

Profit-taking Drags Bursa Malaysia To Close Mixed Despite Upbeat Regional Markets

By Anas Abu Hassan and Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia closed mixed today with the benchmark index slipping 0.15 per cent due to profit-taking in selected blue chips, despite improving sentiment in key regional market performance, an analyst said.

Rubber Market Ends Lower On Weak Regional Cues, Oil Price Drop

By K. Naveen Prabu

KUALA LUMPUR, June 24 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in regional rubber futures markets, a dealer said.

FBM KLCI Marginally Lower At Midday

KUALA LUMPUR, June 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued to ease at the end of the morning trading session today, weighed down by persistent selling in selected heavyweights, coupled with declining oil prices amidst the ongoing tension in the Middle East.

Bursa Malaysia Opens Marginally Lower

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened marginally lower on Tuesday as cautious sentiment persisted despite Wall Street’s upbeat overnight performance, while investors reassessed ongoing global geopolitical risks, an analyst said.

Ringgit Opens Higher Against Greenback As Prospect Of Middle East De-escalation Rises

KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.

Gold Futures Rebound At Close Amid Middle East Tensions

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 23 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives rebounded to close higher on Monday, driven by the escalation in geopolitical tensions as the United States (US) bombed Iran’s nuclear facilities on Sunday, an analyst said.

Ringgit Closes Lower Against US Dollar Amid Mideast Uncertainty

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, June 23 (Bernama) -- The ringgit closed lower against the greenback on Monday as US involvement in the war between Israel and Iran spurred demand for safe haven assets like the American dollar, an analyst said.

Bargain Hunting Lifts FBM KLCI To Close Higher

By Anas Abu Hassan and Danni Haizal

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from early losses to end higher today, supported by bargain hunting activities and sustained local investor interest albeit cautious outlook on the global economic front, an analyst said.