1y ago
By Harizah Hanim Mohamed and Danni Haizal Danial Donald
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Dec 30 (Bernama) -- Bursa Malaysia ended the penultimate day of the year positively after a weak start, driven by buying momentum in selected heavyweights led by Maybank and Petronas Chemicals amid year-end window dressing by local institutions.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.
1y ago
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 22 (Bernama) -- A review of the insurance industry’s performance in 2024 will undoubtedly have to include the backlash faced by the insurance and takaful industry after it announced a steep hike in medical insurance premiums.
1y ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 21 (Bernama) -- The rubber market is expected to remain volatile next week, with potential for higher prices due to adverse weather conditions in major producing countries and a global shortage of natural rubber stocks, said the Malaysian Rubber Glove Manufacturers Association (Margma).
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- The ringgit is expected to trade within the narrow range of 4.50 to 4.52 against the US dollar next week, reflecting subdued volatility and cautious sentiment among traders during the Christmas holiday period.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysian equities ended the day mostly lower following a heavy sell-off on Wall Street overnight particularly in technology stocks, said an analyst.
1y ago
KUALA LUMPUR, Dec 19 (Bernama) -- Malaysia’s export performance is expected to remain expansionary, given its neutral stance and diversified export structure.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed slightly lower against the US dollar today as traders adopted a cautious approach ahead of the United States Federal Open Market Committee (FOMC) meeting.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia rebounded and closed higher due to buying support in selected heavyweights amid mixed performances from Asian markets.
1y ago
KUALA LUMPUR, Dec 18 (Bernama) -- Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.