Bursa Malaysia Ends Lower AS Investors Reassess US-Iran Truce

By Siti Radziah Hamzah

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia closed lower on Thursday following the weaker performance of regional peers.

Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

High Jet Fuel Prices Likely To Spark Structural Shakeout In Airline Industry - Aviation Experts

By Kisho Kumari Sucedaram

KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.

CPO Futures End Lower, Tracking Crude Oil Weakness

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, mirroring the decline in oil prices following the ceasefire announced by the United States and Iran, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Hartanah Kenyalang Expects Margin Squeeze From US-Iran War, Implements Cost Measures

KUALA LUMPUR, April 8 (Bernama) -- Hartanah Kenyalang Bhd expects the ongoing United States (US)-Iran war to affect its margins, but the company will mitigate the impact by implementing cost-saving measures.

Ringgit Rises To 3.97 Against US Dollar At The Close As US-Iran Reaches Ceasefire Deal

By Abdul Hamid A Rahman

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to close at 3.97 against the US dollar today, as optimism returned following a two-week ceasefire between the United States and Iran in the West Asia conflict.

Bursa Malaysia Ends Higher, CI Jumps 1.16 Pct As US-Iran Ceasefire Lifts Sentiment

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.

Rubber Futures End Mixed On Weaker Regional Cues, Firmer Ringgit

KUALA LUMPUR, April 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, weighed by softer regional futures and a firmer ringgit against the US dollar, a dealer said.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional markets, amid improving sentiment following the two-week ceasefire deal between the United States and Iran.

Oil Price Dips Below US$100 Per Barrel On Ceasefire Talks, Upside Risks Remain

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz. 

Bursa Malaysia Higher At The Opening

KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia opened higher on Wednesday amid a cautious undertone, in line with most regional markets, after US President Donald Trump suspended planned strikes on Iranian infrastructure for two weeks.  

Ringgit Rebounds To 3.99 Against US Dollar On Improved Market Sentiment

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.