Bursa Malaysia Lower In Early Trade
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher on Friday but soon retreated, with profit-taking seen in industrial products and construction counters, despite Wall Street’s ending higher overnight.
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Ringgit Opens Higher Against Major, ASEAN Currencies Ahead Of 2Q GDP Announcement
KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened higher against major and ASEAN currencies ahead of Malaysia's gross domestic product (GDP) announcement for the second quarter of 2026 (2Q 2026) today, an economist said.
Bursa Malaysia Ends Lower As Selling Pressure In Oil-related Counters Weighs
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia ended on a softer note on Thursday, as selling pressure in oil-related counters weighed on the benchmark index following the rally in the previous session, an analyst said.
Bursa Malaysia Retreats After Opening Higher In Early Trade
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight.
Tengku Zafrul Calls For Stronger ASEAN Cooperation To Bolster Energy Security
KUALA LUMPUR, Aug 11 (Bernama) -- ASEAN needs stronger regional cooperation to bolster energy security and address the capital coordination challenges facing the region’s energy transition, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
Government Bails Out TH With Over RM10 Bln To Restore Finances, Not Sell Assets
KUALA LUMPUR, Aug 11 (Bernama) -- The government rescued Lembaga Tabung Haji (TH) through a bailout exceeding RM10 billion due to mismanagement and embezzlement, to restore its financial position and not to take over the institution's assets, the Dewan Rakyat was informed today.
Gold Futures Climb as Fed Rate Hike Expectations Ease
KUALA LUMPUR, Aug 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher as reduced expectations of a US Federal Reserve (Fed) rate hike boosted demand for the precious metal.
Ringgit Expected To Stabilise By End-August – Kenanga IB
KUALA LUMPUR, Aug 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the ringgit to stabilise by end-August as the US dollar gives back some of its earlier gains following the US Federal Reserve’s (Fed) decision to keep interest rates unchanged at its July meeting.
Bursa Malaysia Opens Higher, Tracking Wall Street Gains
KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia opened higher on Monday, taking cues from gains on Wall Street on Friday.
Ringgit To Remain Range-bound At 4.07-4.09 Against US Dollar Next Week
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week, trading between RM4.07 and RM4.09 as investors stay cautious over the direction of the United States interest rates, an analyst said.
Bursa Malaysia Seen Trading With An Upward Bias Next Week
KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia is expected to trade with an upward bias as investors continue to assess external geopolitical developments and resilient domestic economic conditions, said an analyst.
Gold Futures Rally Ahead of US NFP Data Release
KUALA LUMPUR, Aug 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continued to rally ahead of the release of the United States’ July non-farm payrolls (NFP) data later today, which will influence the Federal Reserve rate increase expectations for September, analysts said.