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By Danni Haizal Danial Donald
KUALA LUMPUR, March 9 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by the uptrend in regional rubber futures markets, coupled with a rally in crude oil prices, said a dealer.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia is well-positioned to manage potential economic fallout from escalating conflict in the Middle East, backed by its status as a net energy exporter and strong economic fundamentals, Finance Minister II Datuk Seri Amir Hamzah Azizan said.
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia remained lower at midday, in line with regional markets, after Brent crude surged above US$105 per barrel amid the continuing US-Israeli conflict with Iran.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia's economic performance last year, which recorded 5.2 per cent growth, is expected to cushion the country against global economic uncertainties and bolster its performance in the first quarter (1Q) of this year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance overnight as sentiment was dented by a spike in crude oil prices, with Brent crude hovering above US$105 per barrel.
KUALA LUMPUR, March 9 (Bernama) -- Malaysia may be able to maintain the price of RON95 fuel at RM1.99 per litre even if global oil prices rise amid tensions around the Strait of Hormuz, but doing so could increase fiscal pressure and affect fiscal consolidation plans, said an economist.
KUALA LUMPUR, March 9 (Bernama) -- The ringgit opened lower against the US dollar on Monday as heightened risk aversion strengthened the greenback after Brent crude oil prices surged 15.5 per cent to US$107.04 per barrel, an analyst said.
By Siti Noor Afera Abu
KUALA LUMPUR, March 7 (Bernama) -- The ringgit is expected to trade cautiously against the US dollar next week as market sentiment continues to be shaped by developments in the Middle East, while investors will also keep a close watch on the trajectory of crude oil prices and upcoming US economic data.
KUALA LUMPUR, March 7 (Bernama) -- Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field of maritime and oil and gas, Nazery Khalid.
KUALA LUMPUR, March 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade positively next week, supported by stronger crude oil prices amid the United States-Iran conflict, a trader said.
KUALA LUMPUR, March 7 (Bernama) -- The Malaysian rubber market is expected to trend higher next week, supported by tightening supply conditions and rising concerns over the ongoing conflict in the Middle East.
KUALA LUMPUR, March 7 (Bernama) -- Bursa Malaysia is expected to trade with intermittent volatility next week as investors reassess the implications of the escalating conflict in the Middle East, said analysts.
