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Bursa Malaysia Poised For Selective Bargain-hunting Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia is expected to trade with selective bargain-hunting, even in the absence of oversold technical conditions, following three consecutive sessions of mild decline, said an economist. 

Ringgit To Trade In Tight Range Between RM3.95 And RM3.96 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit is expected to trade in a tight range, hovering around RM3.95 to RM3.96 next week as the market anticipates more catalysts, including the upcoming US economic data.

MITI Chief Secretary's Name Misused In Telegram Investment Scam

KUALA LUMPUR, Feb 6 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) has confirmed that the name of its secretary-general, Datuk Hairil Yahri Yaacob, has been misused in a fake investment scheme operating via the Telegram application.

FBM KLCI Futures Close Lower

KUALA LUMPUR, Feb 6 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today.

CPO Futures End Lower, Tracking Weakness In Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower, tracking the weakness in the Chicago Board of Trade (CBOT) soybean oil market, a trader said.

Melaka Targeting High-Tech Investments Through GTP Project

JASIN, Feb 6 (Bernama) -- The Melaka state government is targeting to attract more high-technology investments from Germany through the development of the German Technology Park (GTP) industrial area in Bemban.

Malaysian Economy Shows Strong Resilience Amid Global Headwinds — AMRO

SINGAPORE, Feb 6 (Bernama) -- The Malaysian economy has demonstrated notable resilience despite rising global trade protectionism and geopolitical tensions, said the ASEAN+3 Macroeconomic Research Office (AMRO).

ART Signals Strong US Investor Confidence In Malaysia - Ambassador

GEORGE TOWN, Feb 6 (Bernama) -- The Agreement on Reciprocal Trade (ART) between Malaysia and the United States sends a strong signal of long-term economic confidence and is expected to further encourage American investments, particularly in Penang’s semiconductor and manufacturing sectors.

Gold Futures End Lower Despite US COMEX Gains

KUALA LUMPUR, Feb 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday despite gains in the US COMEX gold market.

Ringgit Ends Flat Against US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier.

Shopee Seller Khairul Prepares Early To Tap Ramadan, Hari Raya Demand

KUALA LUMPUR, Feb 6 (Bernama) --  Festive seasons such as Ramadan and Hari Raya are key retail moments in Malaysia, with online shopping activity rising as families prepare for the fasting month and Raya celebrations.

Bursa Malaysia Closes At Intraday High On Late Buying

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.