Bursa Malaysia Slips Below 1,700 Level At Midday As Oil Price Surge Weighs On Sentiment

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia remained lower at midday, falling below the 1,700 psychological level, in line with the weaker performance of most regional peers amid dented sentiment following a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon.

Bursa Malaysia Opens Lower As Iran Keeps Hormuz Closed

KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking overnight losses on Wall Street after Iran’s new supreme leader signalled the Strait of Hormuz would remain closed.

Bursa Malaysia's Benchmark Index Ends At Intraday High On Late Buying

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.

Bursa Malaysia Remains Lower At Mid-afternoon

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at mid-afternoon, weighed by continuous selling in selected heavyweights led by financial services as well as telecommunications and media counters.

Bursa Malaysia Remains Lower At Midday As Oil Price Surge Weighs

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performance of regional peers amid dented sentiment from a surge in crude oil prices, with Brent crude hovering above US$100 per barrel at noon (US$1=RM3.91).

Bursa Malaysia Opens Lower As Geopolitical Risks Persist

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.

Bursa Malaysia Ends Higher On Improved Sentiment Over Potential Strategic Oil Reserve Release

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia extended its upward trend to close higher on Wednesday, supported by improved market sentiment following reports of a potential release of strategic oil reserves aimed at easing the recent surge in global energy prices, said an analyst.

Hong Leong Islamic Bank Rebrands As HLB Islamic, Eyes Strong Financing Growth

By Abdul Hamid A Rahman

KUALA LUMPUR, March 11 (Bernama) -- Hong Leong Islamic Bank Bhd is now known as HLB Islamic following a brand refresh, with the bank aiming to maintain financing growth above the industry average over the next three to five years.

Bursa Malaysia Remains Higher At Mid-Afternoon

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia stayed higher at mid-afternoon on continued buying in selected heavyweights led by financial services and utilities sectors.

Bursa Malaysia Higher At Midday, Tracking Gains In Most Regional Peers

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained higher at midday, tracking the upbeat performance of most regional peers.

Bursa Malaysia Opens Marginally Lower After Volatile Wall Street Session

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session.

Bursa Malaysia Rebounds To Reclaim 1,700 Level At Close

By Zufazlin Baharuddin

KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia rebounded to end higher today with the benchmark FBM KLCI reclaiming the 1,700 psychological level, supported by improved global sentiment after US President Donald Trump signalled a potential de-escalation of the Iran conflict, alongside Malaysia’s stronger Industrial Production Index (IPI) data.