News In Brief: Sept 19, 2024
News In Brief: Sept 19, 2024
| LATEST NEWS | The EC to be informed soon on vacancies of Chuping, Bintong and Guar Sanji state seats - Perlis State Assembly Speaker | Unexpected vacancies of Chuping, Bintong and Guar Sanji state seats, following immediate cessation as party members of three PAS assemblymen - Perlis State Assembly Speaker | Mazuki replaces Pelaburan Hartanah Bhd group MD Mohamad Damshal Awang Damit, who will retire on Dec 31, 2025 | Pelaburan Hartanah Bhd appoints Mazuki Abdullah @ Muhammad as its new group MD, effective Jan 1, 2026 | |
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Bursa Malaysia Ends Higher As US Interest Rate Cut Lifts Regional Sentiment
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve's (Fed) interest rate cut by half a percentage point lifted regional market sentiment.
MATRADE’s Virtual Sourcing Programme At MIHAS 2024 Achieves RM347 Mln In Sales
KUALA LUMPUR, Sept 18 (Bernama) -- The International Sourcing Programme (INSP) organised by the Malaysia External Trade Development Corporation (MATRADE) at the Malaysia International Halal Showcase (MIHAS) 2024 has been a success, with the virtual segment having achieved RM347 million in sales to date.
FBM KLCI Pares Loss At Close Amid Market Uncertainty Ahead Of Expected US Rate Cut
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.
MyEG Rises 8.6 Pct In Early Trade
KUALA LUMPUR, Sept 18 (Bernama) -- MyEG Services Bhd’s shares rose 8.60 per cent in the early trade after the company announced its collaboration with the Federation of Malaysian Freight Forwarders (FMFF) to promote ZTrade as Malaysia's National Single Window (NSW) for cross-border trade facilitation.
FBM KLCI Rises As Investors Chase Glove Counters Amid Expectation For Outsized US Rate Cut
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.
Bursa Malaysa Ends On A High Note
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.