Sustained Buying Lifts Bursa Malaysia Higher At Midday
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended higher at midday, supported by continued buying interest in heavyweights, amid mixed regional market performance.
| LATEST NEWS | PM Anwar approves immediate allocation of RM1 million for critical repair work at Johor PDRM quarters | Annual grant for Neighbourhood Watch Area (KRT) nationwide increased from RM6,000 to to RM10,000 - PM Anwar | Over RM3.2 million approved for 16 repair projects at Islamic educational institutions in Johor - PM Anwar | Johor Polls: Former MB Datuk Seri Hasni Mohammad will not defend Benut seat | At 6 pm, the ringgit appreciated to 4.1355/1400 against the US dollar from 4.1380/1430 at Tuesday's close. | |
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Bursa Malaysia Rises At Open Despite Wall Street Weakness
KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia opened higher on Thursday, underpinned by buying in selected heavyweight stocks despite weaker overnight performance on Wall Street.
Ringgit Opens Easier Against US Dollar
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday as sentiment turned cautious after the US Federal Reserve (Fed) adopted a hawkish tone, driving US Treasury yields higher.
Interest Rate Normalisation In Japan Seen As Having Greater Impact On Asia Than Europe
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 17 (Bernama) -- The Bank of Japan’s (BOJ) ongoing policy normalisation is likely to have a greater impact on Asian financial markets than the European Central Bank’s (ECB) higher-for-longer interest rate stance.
MIGHT, UNIDO Launch Sustainable Cities Programme In Selangor
KUALA LUMPUR, June 16 (Bernama) -- The Malaysian Industry-Government Group for High Technology (MIGHT), in collaboration with the United Nations Industrial Development Organisation (UNIDO), has launched the GEF-8 Sustainable Cities Integrated Programme (SCIP) in Selangor.
Gold Futures Close Higher On Lower Oil Prices
KUALA LUMPUR, June 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday amid lower oil prices, which eased inflation concerns and improved sentiment towards the precious metal.
SMR 20 Hits Nine-year High On Tight Supply, EV Demand
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 16 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, leading to Standard Malaysian Rubber 20 (SMR 20) reaching its highest level in the past nine years, said a dealer.
RICOH Malaysia Unveils AI, Automation Solutions For Real-World Business Applications
KUALA LUMPUR, June 16 (Bernama) -- RICOH Malaysia today unveiled a suite of artificial intelligence (AI), automation and integrated technology solutions at its ‘RICOH Empowering AI – Smarter Work, Real Impact’ event, highlighting how businesses are increasingly shifting beyond AI experimentation towards practical and real-world applications.
Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations
KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.
Mavenir Receives Germany's First BSI NESAS Certification For 5G Network Function
KUALA LUMPUR, June 15 (Bernama) -- Mavenir, the software company building cloud-native, AI-by-design mobile networks, announced it has become the first tier-one telecommunications infrastructure software provider to receive Germany's BSI NESAS certification for a 5G Packet Core network function.