Bursa Malaysia Opens Lower On Wall Street Weakness, Hawkish Fed Remarks

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking weaker Wall Street performance amid rising US Treasury yields and hawkish remarks from US Federal Reserve (Fed) officials.

Ringgit Opens Higher Against Major Currencies, Lower Vs US Dollar

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened higher against major currencies but edged lower against the US dollar on Thursday, as stronger US economic data and expectations of further interest rate hikes by the US Federal Reserve (Fed) supported the greenback.

Bursa Malaysia Key Index Rebounds To End Slightly Higher At Midday

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia’s key index rebounded to end a choppy morning session slightly higher, supported by buying interest in selected heavyweight counters, led by telecommunications and utilities stocks.

Bursa Malaysia Ends Higher Ahead of Trump-Xi Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia finished trading higher on Tuesday, supported by continued bargain hunting following the recent heavy sell-off, in line with regional and global market performance as investors awaited the meeting between United States President Donald Trump and Chinese President Xi Jinping in Washington later this week.

Bursa Malaysia Stays Up On Bargain Hunting of Blue Chips

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia ended slightly higher on Monday, supported by bargain hunting in selected blue chips as concerns over the West Asia conflict eased amid retreating oil prices.

Bursa Mixed In Early Trade, FBM KLCI Opens Lower

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia opened mixed on Monday as investors weighed firmer regional markets against lingering concerns over the US Federal Reserve’s (Fed) hawkish stance and elevated US Treasury yields, with the FTSE Bursa Malaysia KLCI (FBM KLCI) edging lower.

Gold Futures Likely To Trade With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade with an upward bias next week, supported by expectations of softer US economic data, an analyst said.

Bursa Malaysia Seen Cautious Next Week Amid Global Uncertainties

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia’s benchmark index is expected to remain cautious next week, with investor sentiment likely to be shaped by the Federal Reserve’s latest policy decision, developments in West Asia, oil prices and shifts in US interest rate expectations.

FBM KLCI Ends Lower As Investors Shift Focus To Smaller-Cap Stocks

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s main index closed lower on Friday after a choppy session, while buying interest shifted to smaller-cap stocks, particularly technology and construction counters.

Ringgit Opens Higher Against US Dollar As Oil Prices Ease

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Friday, supported by improved market sentiment as easing West Asia crude oil supply concerns lifted risk appetite.

Bursa Malaysia Ends Lower As US Bond Yields, Fed Tightening Concerns Weigh

By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s main index closed lower today after a choppy trading session amid concerns over elevated United States (US) bond yields and the possibility of further monetary tightening by the US Federal Reserve, said an analyst.

Bursa Malaysia Ends Morning Session Lower Amid Cautious Risk Appetite

KUALA LUMPUR, Sept 17 -- Bursa Malaysia ended the morning session in the red following overnight weakness on Wall Street, as elevated oil prices, higher US Treasury yields and a US rate hike held risk appetite back.