There are 107 news based on search keyword " correction"

Ringgit Retreats Against Greenback As Markets Reassess US Interest Rate Outlook 

By Anas Abu Hassan

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit retreated against the greenback at the close on Thursday as investors reassessed the US interest rate outlook following the US Federal Reserve's (Fed) interest rate cut on Wednesday, an economist said.

Bursa Malaysia Finishes In The Red On Profit-Taking After Three-day Rally

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished today’s session in the red as investors locked in profits after a three-day rally, while most regional indexes ended broadly higher after the US producer price inflation came in unexpectedly softer for August.

Bursa Malaysia Ends Lower On Profit-taking, Tracking Regional Weakness

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia snapped a three-day winning streak to close at an intraday low today, as investors engaged in profit-taking after recent strong gains, in tandem with the downbeat performance in regional markets.

Bursa Malaysia Pares Most Early Losses To Close Marginally Lower

By Zarul Effendi Razali

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia pared most of its earlier losses to close marginally lower as profit-taking was offset by selective buying in heavyweights, amid cautious sentiment in regional markets, a dealer said.

CPO Futures Expected To Trade Lower On Technical Correction Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade lower on a technical correction between the range of RM3,800 per tonne and RM3,950 per tonne, said Interband Group of Companies senior palm oil trader Jim Teh.

Gold Futures End Lower, Mirroring Comex Decline

KUALA LUMPUR, Aug 12 (Bernama) -- The gold futures on Bursa Malaysia Derivatives closed lower, tracking a sharp correction in the United States (US) COMEX gold market.

Bursa Malaysia Ends Lower, Tracks Regional Losses On Trade Jitters

By Siti Noor Afera Abu and Danni Haizal Danial Donald

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia closed lower on Monday, reversing last week’s gains, as regional markets weakened amid renewed investor caution ahead of the July 9 tariff deadline, analysts said.

JS-SEZ Draws Global Investor Interest As Johor Emerges ASEAN Gateway

JOHOR BAHRU, June 18 (Bernama) -- The Johor-Singapore Special Economic Zone (JS-SEZ) is drawing increasing interest from international investors, particularly from Japan, South Korea, China, and Europe, as Johor positions itself as a strategic gateway to the ASEAN market.

Bursa Malaysia Likely To See Volatile Trading Next Week Pending Key Market Developments

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, May 31 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trade within a volatile range of 1,500 to 1,530 next week, pending the emergence of new market-moving developments.

Genting Plantations Posts Higher 1Q Net Profit Of RM61.25 Mln

KUALA LUMPUR, May 28 (Bernama) -- Genting Plantations Bhd posted a higher net profit of RM61.25 million in the first quarter ended March 31, 2025 (1Q 2025) compared to RM42.83 million in the same period last year.

AM Best Sees Steady Performance In Philippine Non-Life Insurance Segment

KUALA LUMPUR, May 15 (Bernama) -- Global credit rating agency, AM Best has maintained its stable outlook for the Philippine non-life insurance market, citing robust growth prospects, stabilised reinsurance capacity, and a favourable economic environment as key supporting factors.

Ringgit Higher Against US Dollar On US Trade Talks Optimism

KUALA LUMPUR, May 9 (Bernama) -- The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.