1d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) declined on Wednesday despite the positive performance of COMEX gold futures, as the market closely monitored the conflict in the Middle East.
1m ago
By Nurunnasihah Ahmad Rashid and Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- Malaysia’s equity market surged to its strongest level since 2018 on Tuesday, as renewed investor confidence, underpinned by a firmer ringgit and shifting global capital dynamics, prompted a reassessment of the country’s risk profile, say economists.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit closed higher against the US dollar as market sentiment improved amid concerns over the United States’ tariffs against the European Union (EU) and geopolitical risks, while pressures in the Japanese Government Bond (JGB) market eased.
1m ago
KUALA LUMPUR, Jan 15 (Bernama) -- Malaysia’s steady fiscal trajectory and stable economic growth have positioned the country as an attractive destination for foreign investment, particularly in sectors such as infrastructure, financial services, and renewable energy, according to Moomoo chief market strategist for Southeast Asia Isaac Lim.
1m ago
KUALA LUMPUR, Jan 9 (Bernama) -- Malaysia’s economy is forecasted to grow by 4.3 per cent in 2026, supported by continued domestic demand and sustained investment activity, driven by rapid demand for electrical and electronic products as well as data centre infrastructure.
2m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia’s key index, the FBM KLCI, closed 1.15 per cent higher at 1,665.90 on Friday, climbing to an almost 15-month high and surpassing the 1,660.09 points recorded on Sept 27, 2024, supported by firmer regional markets amid the Bank of Japan’s (BOJ) interest rate hike.
2m ago
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
3m ago
KUALA LUMPUR, Dec 3 (Bernama) -- Bursa Malaysia slipped in morning trade on profit-taking in selected heavyweights, led by financial services, industrial products and services, and telecommunications and media sectors.
4m ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains on Wednesday, opening higher against the US dollar, supported by positive sentiment following the success of the 47th ASEAN Summit and Related Summits in Kuala Lumpur, an analyst said.
5m ago
KUALA LUMPUR, Sept 10 (Bernama) -- Fitch Ratings has lifted its global growth forecast for 2025 to 2.4 per cent from 2.2 per cent, citing stronger-than-expected second-quarter data, but said evidence of a United States (US) slowdown is mounting.
6m ago
KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia extended yesterday’s upward momentum amid continued buying interest.
8m ago
KUALA LUMPUR, June 25 (Bernama) -- The ringgit extended its upward momentum to open higher against the US dollar and other major currencies on Wednesday, after the United States (US) Federal Reserve (Fed) signalled it was in no hurry to cut interest rates, opting instead to monitor the economy’s trajectory, an analyst said.