2d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, weighed down by expectations of higher palm oil stocks.
2d ago
KUALA LUMPUR, Sept 25 (Bernama) -- Oversea-Chinese Banking Corporation Ltd (OCBC Bank) expects a modest “fiscal slippage” of 0.1 per cent of gross domestic product (GDP) in 2026 for Malaysia, with its fiscal deficit forecast for the country at 3.6 per cent of GDP versus the budgeted 3.5 per cent.
3d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia remained slightly lower at midday as profit-taking emerged in selected heavyweight counters, led by industrial products, banking and telecommunications stocks, in line with the mixed regional and global market trends.
3d ago
KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Friday, amid mixed movements in global foreign exchange markets.
3d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a five-day losing streak to end mostly higher on Thursday, as market sentiment improved following India’s decision to cut import duties on crude and refined vegetable oils, coupled with stronger crude oil prices.
3d ago
KUALA LUMPUR, Sept 24 (Bernama) -- The upcoming Budget 2027 is likely to prioritise measures to boost private consumption and cushion the economy from external shocks amid underwhelming domestic demand in the first half of this year, said an economist.
3d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 24 (Bernama) -- The Kuala Lumpur rubber market remained on an upward trend, closing higher on Thursday, tracking gains in regional rubber futures, said a dealer.
4d ago
KUALA LUMPUR, Sept 24 (Bernama) -- RHB Investment Bank (RHB IB) has maintained its 'overweight' call on Malaysia’s oil and gas (O&G) sector, with Petroliam Nasional Bhd’s (Petronas) continued growth in upstream investments reinforcing its positive outlook.
4d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia closed lower on Wednesday, weighed down by profit-taking in selected heavyweights and weaker sentiment towards petrochemical stocks as oil prices continued to slide, said an analyst.
5d ago
KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia opened lower on Wednesday as investors took profits in selected heavyweights, paring recent gains amid ongoing United States-Iran talks.
5d ago
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by easing Brent crude oil prices and geopolitical concerns.
5d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended losses to close lower on Tuesday, as lower crude oil prices weighed down market sentiment.