Bursa Malaysia Opens Lower As Wall Street Weakness Weighs

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia opened lower on Thursday, with the benchmark index tracking overnight weakness on Wall Street.

Ringgit Up Against Major Currencies, Softens Vs Greenback At Open

KUALA LUMPUR, March 19 (Bernama) -- The ringgit opened higher against major currencies but eased against the US dollar this morning as cautious global sentiment continued to weigh on emerging market currencies.

CPO Futures Close Lower Amid Weaker Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, March 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, weighed by recent declining crude oil prices and weaker Chicago Board of Trade (CBOT) soybean oil, amid easing worries over oil supply in West Asia.

Oil May Rise On Conflict, Fall To US$80-US$90 If War Ends By Mid-April

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 18 (Bernama) -- Crude oil prices can go even higher than current levels of US$100-US$103 per barrel if the war in West Asia continues affecting passageway in the Strait of Hormuz and supply tightness becomes more acute, Kpler senior crude oil analyst Muyu Xu said today.

Gold Futures Ease Ahead Of Fed Meeting

KUALA LUMPUR, March 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives slipped at the close today as markets await the decision from the United States Federal Open Market Committee (FOMC) meeting today, coupled with losses in the US COMEX gold market,  

Ringgit Extends Gains Against Greenback Amid Softer Oil Prices

KUALA LUMPUR, March 18 (Bernama) -- The ringgit made further gains today, closing slightly higher against the US dollar amid softer crude oil prices following strategic petroleum reserve (SPR) releases.

Malaysia's Targeted Subsidies Expected To Moderate Inflation Pressure Amid West Asia Conflict, Says MARC

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s headline inflation is expected to remain manageable, supported by the government’s targeted subsidies, amid the West Asia conflict, according to the Malaysian Rating Corporation Bhd (MARC).

Ringgit Strengthens To Highest Level Since 2021 Against Singapore Dollar

SINGAPORE, March 18 (Bernama) -- The ringgit rose to its strongest level in five years against the Singapore dollar today, supported by higher energy prices and growing optimism over artificial intelligence (AI).

Top Glove's 2Q Net Profit Rises To RM30.76 Mln, Revenue Jumps 14 Pct

KUALA LUMPUR, March 18 (Bernama) -- Top Glove Corporation Bhd’s net profit increased to RM30.76 million in the second quarter ended Feb 28, 2026 (2Q FY2026) from RM30.28 million posted in the same quarter last year.

Medical Sector To Remain Unaffected By Ongoing Geopolitical Tension -- Sunway Healthcare

KUALA LUMPUR, March 18 (Bernama) -- The Malaysian medical sector is not affected by ongoing geopolitical tensions in the Middle East; hence, the outlook for the medical tourism sector remains strong for this year, said Sunway Healthcare Holdings Bhd. 

Mongolian Mining Corporation Reports Lower FY2025 Earnings

KUALA LUMPUR, March 18 (Bernama) -- Mongolian Mining Corporation (MMC) reported lower earnings for the financial year ended Dec 31, 2025 (FY2025), with total revenue declining to US$823.4 million from US$1.04 billion a year earlier. (US$1=RM3.90)

MBSB IB: High Oil Prices May Weigh On Property Sector

KUALA LUMPUR, March 18 (Bernama) -- Malaysia’s property sector could face a mild downturn if elevated oil prices persist, as higher fuel costs drive up transportation expenses, leading to increased construction costs for developers, said MBSB Investment Bank Bhd (MBSB IB).