By Danni Haizal Danial Donald
KUALA LUMPUR, June 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished lower for a third consecutive day on Thursday, weighed down by expectations of higher United States (US) interest rates following the release of the US Personal Consumption Expenditures (PCE) inflation data later tonight.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 25 (Bernama) -- The ringgit continued its uptrend for the third consecutive day, closing higher against the US dollar, major currencies and ASEAN peers on Thursday as investors await the United States (US) Personal Consumption Expenditures (PCE) inflation data later tonight.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended lower on Thursday as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said.
KUALA LUMPUR, June 25 (Bernama) -- The Kuala Lumpur rubber market ended sharply lower for the third consecutive day, tracking broad-based declines in regional rubber futures markets amid growing expectationS of improved supply availability, a dealer said.
KUALA LUMPUR, June 25 (Bernama) -- Amanah Saham Nasional Bhd (ASNB) has declared an income distribution of 5.50 sen per unit for its fixed-price fund, Amanah Saham Bumiputera 3 Didik (ASB 3 Didik), for the financial year ending June 30, 2026.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 24 (Bernama) -- The ringgit extended its gains to close higher against the US dollar and other major currencies, as well as ASEAN peers, on Wednesday, supported by stronger-than-expected economic data in Malaysia, which boosted investor confidence and market sentiment.
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia was higher at midday, supported by persistent bargain hunting across most sectors, led by healthcare stocks, analysts said.
KUALA LUMPUR, June 24 (Bernama) -- The ringgit has edged lower this year on expectations that US interest rates will remain elevated, the Ministry of Finance (MOF) said, though the currency continues to be underpinned by strong domestic fundamentals.
KUALA LUMPUR, June 23 (Bernama) -- Sunway Bhd's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd (SMCLH3), has secured a SGD750.57 million (RM2.4 billion) residential development site at River Valley Green, Singapore, through a joint bid with CSC Land Group (Singapore) Pte Ltd.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking softer United States COMEX markets as the hawkish US Federal Reserve (Fed) outlook on a potential interest rate hike weighed down market sentiment.
By Danni Haizal Danial Donald
KUALA LUMPUR, June 23 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar and ASEAN currencies, and was mostly firmer against other major currencies on Tuesday as investors await the United States Purchasing Managers’ Index (PMI) June data release tonight.
