Profit-taking On Wall Street Weighs On Bursa Malaysia

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking overnight Wall Street’s mixed close, where traders locked in profits after the United States (US) Federal Reserve’s (Fed) expected rate cut and outlook for more adjustments.

Bursa Malaysia Ends At Intraday High

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 17 (Bernama) -- Continued buying momentum in financial services heavyweights pushed Bursa Malaysia to close at its intraday high today, with the key index strengthening its position above the 1,600 psychological level.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s benchmark index was up 0.19 per cent at lunch break, with the broader market remaining positive, driven by anticipation of the United States (US) Federal Reserve’s (Fed) interest rate decision later today.

Bursa Malaysia Opens Higher Ahead Of US Interest Rates Decision

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia kicked off the week on a positive note, buoyed by growing expectations of interest rate cuts ahead of the highly anticipated United States (US) Federal Open Market Committee (FOMC) meeting later tonight.

Bursa Breaks 1,600 Level As Investors Position Ahead Of Long Weekend

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia hit the 1,600 level and closed at its intraday high, rising 1.1 per cent as investors anticipated the United States Federal Reserves to cut rates as soon as next week, making ringgit-denominated assets more attractive on a currency-adjusted basis.

Bursa Malaysia Stages Rebound, Key Index Adds 0.4 Pct At Midday

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia staged a rebound from yesterday’s loss and finished the morning session 0.4 per cent higher, tracking the performance of global stock markets.

Bursa Malaysia Rises After Pause, Fed Cut Eyed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia opened higher on Friday after pausing the previous day, tracking global gains as investors grew more confident that the United States (US) Federal Reserve (Fed) will cut rates next week.

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 firmer as Fed Rate Cut Expectations Buoy Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia ended trading on a positive note today, marking its third consecutive day of gains in line with other major Asian bourses.

Axiata, Tenaga Nasional, YTL Corp Push FBM KLCI Higher At Lunch Break

KUALA LUMPUR, Sept 10 (Bernama) -- Buying support in selected heavyweights led by Axiata, Tenaga Nasional and YTL Corp have pushed the key index higher by 0.16 per cent at lunch break.

Stocks On Bursa Malaysia Mixed At Lunch Break

KUALA LUMPUR, Sept 9 (Bernama) -- Stocks on Bursa Malaysia turned mixed at lunch break, with the key index losing 0.11 per cent while the wider market remained in positive territory, with investors focused on the US Federal Reserve’s rate-cut trajectory.

Bursa Starts Higher On Local Institutional Support

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia opened higher on Tuesday, extending the previous day’s gains on continued local institutional buying and stock accumulation, a dealer said.