Ringgit Opens Higher Against US Dollar, Major Currencies
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.
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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.
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.
By K. Naveen Prabu
KUALA LUMPUR, Sept 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as a stronger US dollar continued to weigh on the precious metal.
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.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended lower on Thursday, weighed down by moderate selling pressure interspersed with buying activity as renewed hikes in oil prices and elevated global bond yields dampened investor sentiment, said an analyst.
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.
GEORGE TOWN, Sept 24 (Bernama) -- Income and wages must remain a priority in the planning of Budget 2027, alongside efforts to strengthen the capabilities of local companies in high-growth, high-value (HGHV) industries.
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.
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.
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.
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.
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.