24d ago
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.
24d ago
KOTA KINABALU, Sept 18 (Bernama) -- Sabah's gas supply is expected to almost double to 1,350 million standard cubic feet per day (mmscfd) by 2030 compared to 700 mmscfd currently following the implementation of seven offshore development projects including four new gas fields.
24d ago
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s key index saw interspersed buying and selling before ending the morning session in the red, as sentiment was cautious due to the Federal Reserve’s hawkish stance, elevated United States Treasury yields and persistent foreign selling.
24d ago
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday as lower oil prices, easing United States (US) Treasury yields and resilient labour market data encouraged bargain hunting in technology and semiconductor shares after the index closed 0.26 per cent lower yesterday, an analyst said.
25d ago
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.
25d ago
By Kenny Teng
BANGKOK, Sept 18 (Bernama) -- Petronas is well positioned to capture future growth in Asian liquefied natural gas (LNG) demand, supported by its diversified supply portfolio and expanding production capacity in Malaysia, particularly the commissioning of a new plant in Sabah next year.
25d ago
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.
25d ago
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s key index traded higher today, with bargain hunting expected to support trading, particularly in fundamentally sound blue-chip stocks that have been sold down, after the index closed 1.11 per cent lower on Tuesday.
27d ago
By Harizah Hanim Mohamed and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia ended lower today in subdued trading as sentiment continued to remain cautious ahead of the Federal Open Market Committee (FOMC) interest rate decision tomorrow and soaring oil prices.
27d ago
MALÉ (MALDIVES), Sept 15 (Bernama) – Prime Minister Datuk Seri Anwar Ibrahim will discuss with Petroliam Nasional Bhd (Petronas) a proposal for the Malaysian oil company to explore the possibility of oil exploration in the Maldives.
27d ago
KUALA LUMPUR, Sept 15 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after closing at an intraday high on Monday, weighed down by elevated crude oil prices and US bond yields, while a dispute over artificial intelligence (AI) development added to market uncertainty.
28d ago
BANGKOK, Sept 14 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir’s two-day working visit to Thailand, which concluded today, has further strengthened bilateral energy cooperation, notably through the signing of new agreements for the development of Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA).