11h ago
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.
2d ago
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict.
9d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 31 (Bernama) -- Shares on Bursa Malaysia reversed yesterday’s losses to finish higher on Tuesday, driven by buying interest in healthcare, utilities and banking counters.
10d ago
By Harizah Hanim Mohamed
KUALA LUMPUR, March 30 (Bernama) -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.
10d ago
KUALA LUMPUR, March 30 -- The ringgit and other regional currencies continued to weaken against the US dollar on Monday as investors sought safety in safe-haven assets amid escalating tensions in the US-Israel war.
10d ago
KUALA LUMPUR, March 30 (Bernama) -- Malaysia remains well-positioned to withstand rising fiscal pressures as the price of Brent crude holds above US$100 per barrel, with stronger petroleum-related revenues expected to cushion the impact of a higher RON95 subsidy bill, said analysts.
13d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 27 (Bernama) -- Bursa Malaysia ended the week marginally higher, supported by strong gains in selected heavyweight stocks led by healthcare and construction sectors, in line with the generally positive performance across regional markets.
14d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia reversed yesterday’s gains to close at an intraday low, with the benchmark index easing 0.34 per cent as investors tracked developments in West Asia while remaining cautious amid increasingly conflicting signals from both the United States (US) and Iran over potential peace negotiations.
15d ago
By Siti Noor Afera Abu
KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday, tracking gains across regional markets as a sharp pullback in oil prices helped boost overall market sentiment, analysts said.
19d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain in consolidation mode next week, in line with the cautious tone in the cash market.
21d ago
KUALA LUMPUR, March 19 (Bernama) -- Crude palm oil (CPO) prices are expected to remain above RM4,450 in the near term, supported by elevated energy prices and a favourable palm oil-gasoil (POGO) spread, according to the Malaysian Palm Oil Council (MPOC).
21d ago
KUALA LUMPUR, March 19 (Bernama) -- Malaysia’s stronger ringgit is helping to ease the impact of rising global import prices, although the country’s import cover has declined, compared with pre-COVID 19 pandemic levels, said the World Bank's lead economist for Malaysia, Dr Apurva Sanghi.