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Bursa Malaysia Seen Trading With Slight Uptrend Next Week

KUALA LUMPUR, May 23 (Bernama) -- Bursa Malaysia is expected to trade with a slight uptrend next week following the recent market pullback as bargain-hunting activities and improved investor sentiment may provide support to selected heavyweights.

Bursa Malaysia Ends Higher On Bargain Hunting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia ended higher on Friday as bargain hunting resurfaced following several weak trading sessions. 

Bursa Malaysia Higher At Midday Lifted By Buying In Selected Heavyweights

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia stayed in positive territory at midday supported by persistent buying in selected heavyweights, led by industrial products and services as well as consumer products and services sectors. 

Bursa Malaysia Opens Higher Amid Wall Street Gains, Positive Economic Data

KUALA LUMPUR, May 22 (Bernama) -- Bursa Malaysia opened higher today, tracking Wall Street’s overnight gains as hopes grew for a resolution of the West Asia conflict, coupled with positive domestic economic data.

Labuan IBFC Inc, ASAS Collaborate On Islamic Finance Training

KUALA LUMPUR, May 21 (Bernama) -- Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC Inc) has collaborated with the Association of Shariah Advisors in Islamic Finance Malaysia (ASAS) to host a knowledge-sharing session highlighting opportunities in Islamic finance.

Bursa Malaysia Ends Lower On Cautious Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia ended at its intraday low on Thursday as investor sentiment remained cautious amid ongoing foreign outflows, although the recent weakness may present bargain-hunting opportunities in fundamentally sound blue-chip counters.

Bursa Malaysia Turns Lower At Midday On Selling Pressure

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia turned lower at midday due to persistent selling in selected heavyweights, led by industrial products and services, consumer products and services, as well as plantation counters. 

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking overnight gains on Wall Street amid optimism after the United States signalled that the conflict with Iran could end soon.

Bursa Malaysia Closes Lower Amid Weak Global Risk Sentiment

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as weakening global risk sentiment weighed on investor confidence, an economist said.

Gold Remains Relevant As Investments Despite Weakening Correlation With Currencies

KUALA LUMPUR, May 20 (Bernama) -- Precious metals such as gold and silver continue to play an important role as an investment strategy for hedging against uncertain economic situations, even though the inverse correlation between currencies and gold movements has changed, especially over the past three years.

Bursa Malaysia Stays Lower At Midday In Line With Weaker Regional Performance

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia stayed lower at midday in line with the weaker regional performance.

Bursa Malaysia Opens Lower Tracking Wall Street’s Weaker Performance

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight as bond yields soared over concerns that recent high inflationary data may force the US Federal Reserve to hike rates.