1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 15 (Bernama) -- Bursa Malaysia ended the midday session lower as decliners surged past gainers amid weak market sentiment and persistent selling in index-linked counters.
1y ago
KUALA LUMPUR, Jan 15 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade as the dollar retreated, sparked by a report hinting at gradual tariff implementations and data showing an unexpected dip in US wholesale inflation, said an analyst.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Standard Chartered (Stanchart) forecasts the ringgit to reach 4.40 against the US dollar by the end of 2025, maintaining a positive outlook due to favourable positioning for domestic financial assets.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- EasyTransfer, a Singapore-based global education fintech firm, has been listed in KPMG’s 2024 China Fintech 50 report for the third consecutive year, affirming its status as a leading fintech company.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- Bursa Malaysia Bhd’s net profit for the fourth quarter (4Q) ended Dec 31, 2024, is expected to be weaker than that in 3Q 2024 due to a lower daily average trading value (DATV) for the securities market, according to AmInvestment Bank Bhd.
1y ago
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.
1y ago
KUALA LUMPUR, Jan 14 (Bernama) -- The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 13 (Bernama) -- The Kuala Lumpur rubber market eased slightly on Monday, in tandem with regional rubber futures markets, said a dealer.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- 99 Speed Mart Retail Holdings Bhd’s (99 Speed Mart) share price on Bursa Malaysia had slipped during the afternoon trading, despite analysts projecting a positive outlook based on the company’s growth strategies.
1y ago
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit opened lower against the US dollar in early trade as the greenback strengthened, supported by improvements in the US labour market and a robust economy, an analyst said.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 10 (Bernama) -- The ringgit rebounded from yesterday’s loss to close higher against the US dollar on Friday, driven by renewed demand despite the greenback’s positive momentum.
1y ago
KUALA LUMPUR, Jan 10 (Bernama) -- Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) at 3.0 per cent during its meeting on Jan 22, 2025, according to BMI, a Fitch Solutions company.