1y ago
By Karina Imran
KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia opened slightly higher in early trade but retreated thereafter due to mild profit-taking activities following significant gains from last week, said an analyst.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The federal government’s narrower deficit of RM80 billion next year, which is RM4.3 billion below the revised estimate of RM84.3 billion this year, suggests milder net borrowing requirements next year, CIMB Securities Sdn Bhd said today.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The expansion of the sales and services tax (SST) should help offset the projected fall in oil-related revenue to 3.0 per cent of gross domestic product (GDP) in 2025 from 3.2 per cent in 2024 on likely lower oil prices, Standard Chartered Global Research said today.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 18 (Bernama) -- Financial institutions viewed Budget 2025 as a positive step towards achieving a sustainable, inclusive economy while maintaining fiscal responsibility and social justice.
1y ago
KUALA LUMPUR, Oct 18 (Bernama) -- Bursa Malaysia opened marginally higher on cautious trading ahead of Budget 2025 to be tabled later today, analyst said.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.
1y ago
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia’s barometer index opened lower, in line with Wall Street’s weaker performance, as traders reacted negatively to September’s United States consumer price index figure, which came in higher than anticipated, said an analyst.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia managed to maintain its upbeat momentum to end higher today as bargain hunting emerged following the recent sell-off, an analyst said.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia stayed higher at midafternoon with bargain hunting in select heavyweight stocks and mild selling in lower liners and smaller caps.
1y ago
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, with the key index increasing by 0.48 per cent, lifted by buying interest in selected heavyweights amidst firmer performance in regional markets.
1y ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia advanced at the opening today, tracking a stronger Wall Street performance overnight , said an analyst.