Bursa Malaysia Trims Early Gains As Wall Street Sets Tone
By Danni Haizal Danial Donald
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia opened slightly higher on Thursday but pared gains shortly after, tracking cues from Wall Street.
| LATEST NEWS | ACE Market debutant Golden Destinations opens at 49 sen, a four-sen premium to its IPO price, with 15 mln shares traded | ACE Market debutant Golden Destinations opens at 49 sen, a four-sen premium to its IPO price, with 150,000 shares traded | |
By Danni Haizal Danial Donald
KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia opened slightly higher on Thursday but pared gains shortly after, tracking cues from Wall Street.
By Zufazlin Baharuddin
KUALA LUMPUR, April 15 (Bernama) -- The ringgit closed lower against the US dollar today on profit-taking following recent gains, said an analyst.
KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia erased early gains to end slightly lower on Wednesday, as profit-taking emerged in selected heavyweight counters mainly in financial services and utilities sectors.
KUALA LUMPUR, April 15 (Bernama) -- The Malaysian Technology Development Corporation (MTDC) aims to find the 10 best semiconductor companies to participate in the first year of the SemiconStart Malaysia programme, said its group chief executive officer Mohammad Hazani Hassan.
KUALA LUMPUR, April 15 (Bernama) -- Malaysia is strengthening its semiconductor ecosystem amid geopolitical uncertainties, with semiconductors now increasingly viewed as a matter of national interest.
KUALA LUMPUR, April 15 (Bernama) -- The ringgit opened higher today, climbing to the 3.94 level against the US dollar, supported by improved sentiment on expectations of diplomatic progress following reports of a possible second-round US-Iran talks.
KUALA LUMPUR, April 14 (Bernama) -- The International Monetary Fund (IMF) has raised its projection for Malaysia's real gross domestic product (GDP) growth to 4.7 per cent for 2026, representing an upward revision of 0.4 percentage points.
KUALA LUMPUR, April 14 (Bernama) -- AMS Advanced Material Bhd’s initial public offering (IPO) has been oversubscribed by 9.03 times, ahead of its listing on the ACE Market of Bursa Malaysia.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia ended Tuesday’s trading session higher, in line with gains across regional markets, as sentiment improved on expectations of potential peace talks between the United States (US) and Iran.
KUALA LUMPUR, April 14 (Bernama) -- MBSB Investment Bank Bhd expects benchmark Brent crude oil and crude palm oil (CPO) prices to remain above support levels and potentially re-test resistance at US$114 per barrel and RM4,890 per tonne, respectively, in the near term.
By Siti Radziah Hamzah
KUALA LUMPUR, April 13 (Bernama) -- Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 13 (Bernama) -- Bursa Malaysia closed lower on Monday, tracking weaker regional market performance after Iran-United States talks ended in a stalemate, prompting Washington to proceed with plans to blockade the Strait of Hormuz and escalating geopolitical tensions.