Bursa Malaysia Ends Lower On Profit-taking
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst.
| LATEST NEWS | Super League: Sabah FC 3-1 Star City FC | Selangor Emerge as SUKMA 2026 Overall Champion | Selangor Swimmer Eliza Tan and Pahang Shooter Zen Hong Crowned Best Female and Male Athletes of SUKMA 2026 | Sept 1 Declared Special Holiday in conjunction with Selangor Contingent's Victory as SUKMA 2026 Overall Champion - Selangor MB | |
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst.
KUALA LUMPUR, Aug 6 -- Bursa Malaysia remained lower at midday on continuous profit-taking amid selling pressure, in line with most regional markets following artificial intelligence (AI) worries, said an analyst.
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia opened higher on Thursday but edged into negative territory in early trade as investors locked in profits after recent gains, an analyst said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by improved market sentiment after weaker-than-expected United States (US) economic data weighed on the greenback.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday as gains in rival soybean oil and bargain hunting lifted market sentiment, said CGS International Futures Malaysia Sdn Bhd.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, an analyst said.
KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia is expected to maintain its economic momentum in the second half of 2026 (2H 2026), driven primarily by continued strength in the technology sector as electrical and electronics (E&E) exports remain supported by the global artificial intelligence (AI) investment cycle despite recent corrections in technology stocks.
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia continued its upbeat trend to close higher on Wednesday, buoyed by improving sentiment amid optimism over easing West Asia conflict, an analyst said.
KUALA LUMPUR, Aug 5 (Bernama) -- AlixPartners has acquired Artium, an agentic artificial intelligence (AI) software consulting firm that develops enterprise AI agents for clients including BNY Mellon, Mayo Clinic and eBay, as the global consulting firm expands its AI capabilities.
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia was higher at midday, supported by renewed appetite for technology stocks, in line with most regional market performances.
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday, tracking overnight gains on Wall Street amid optimism over a possible agreement between the United States (US) and Iran to reopen the Strait of Hormuz, an analyst said.
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.