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Bursa Malaysia Opens Lower, Tracking Weaker Wall Street, Cautious Sentiment

KUALA LUMPUR, April 17 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s overnight losses as investor sentiment remained cautious amid lingering economic uncertainties surrounding the US tariff narrative.

Ringgit Opens Higher Vs US Dollar As Tariff Uncertainties Linger

KUALA LUMPUR, April 17 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, but trading remained range-bound as traders continued to monitor uncertainties surrounding US tariff policies.

Bursa Malaysia Ends Lower On Profit-taking, Trade Tariff Concerns

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia ended lower today, weighed down by persistent profit-taking amid ongoing concerns over global trade tariffs. 

Gold Futures End Higher For Fourth Consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, April 14 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher for the fourth straight day of trading today, driven by stronger ringgit and equity market, said an analyst.

Top 30 FBM KLCI Stocks Likely To Stay Unchanged - MIDF

KUALA LUMPUR, April 14 (Bernama) -- MIDF Amanah Investment Bank Bhd expects the top 30 blue chips to remain unchanged in the upcoming semi-annual review of the FTSE Bursa Malaysia (FBM) KLCI in June this year.

Ringgit Opens Higher Against Greenback After US Pauses Tariffs For 90 Days

KUALA LUMPUR, April 11 (Bernama) -- The ringgit opened higher against the US dollar today as investors remained cautious after Washington announced a 90-day pause in reciprocal tariffs for all countries except China.

Petronas, Petrovietnam Seal 20-year PSC, UGSA Extension For PM3 CAA

KUALA LUMPUR, April 10 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), and Vietnam Oil and Gas Group (Petrovietnam) have signed a key principles agreement (KPA) to extend the production sharing contract (PSC) and upstream gas sales agreement (UGSA) for the PM3 commercial arrangement area (CAA) for another 20 years.

 

President Xi’s Visit To Malaysia Set To Trigger New Investments Into ASEAN, Says Trade Chamber In China

BEIJING, April 10 (Bernama) -- Chinese President Xi Jinping’s official visit to Malaysia next week will be pivotal in not only triggering new investments in Southeast Asia but also pave the way for further economic development and prosperity in the region.

Hibiscus Petroleum’s Units Secure 20-year Extension For PM3 CAA Contract

KUALA LUMPUR, April 9 (Bernama) -- Hibiscus Petroleum Bhd’s indirect wholly-owned subsidiaries, Hibiscus Oil & Gas Malaysia Ltd. and Hibiscus Oil & Gas Malaysia Ltd. (HML PM3) have inked a key principles agreement with Petroliam Nasional Bhd (Petronas) and Vietnam Oil and Gas Group (PetroVietnam).

WCT Shareholders Approve Paradigm REIT Listing On Bursa Malaysia

KUALA LUMPUR, April 9 (Bernama) -- Shareholders of WCT Holdings Bhd have approved the proposed listing of Paradigm Real Estate Investment Trust (Paradigm REIT) on the Main Market of Bursa Malaysia Securities Bhd.

Reach Ten To Raise RM104 Mln From IPO To Expand Telecom Infrastructure

KUALA LUMPUR, April 9 (Bernama) -- Sarawak-based telecommunications provider Reach Ten Holdings Bhd is set to raise RM104 million through its initial public offering (IPO) ahead of its planned Main Market listing on May 2, 2025.

Ringgit Opens Easier Against US Dollar, Market Uncertainty Persists

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened lower against the US dollar due to a lack of buying interest, as market uncertainty persists following US President Donald Trump's global reciprocal tariffs.