Bursa Malaysia Opens Higher On US-Iran Truce Extension

By Abdul Hamid A Rahman

KUALA LUMPUR, April 23 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by improved sentiment after US President Donald Trump extended the West Asia ceasefire, with gains led by banking stocks in line with a firmer overnight performance on Wall Street.

Bursa Malaysia Opens Higher Amid Possible US-Iran Renegotiations

By Abdul Hamid A Rahman

KUALA LUMPUR, April 22 (Bernama) -- Bursa Malaysia opened higher today on improved sentiment amid possible renegotiations between the United States and Iran despite Wall Street closing lower overnight.

Bursa Malaysia Ends Higher On Optimism Over Possible Second Round of US-Iran Talks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia closed higher today with market sentiment improving following reports that Iran may attend a second round of negotiations with the United States in Pakistan.

Strait Of Hormuz Reopening A Positive Step, Supply Security A Priority -- Akmal Nasrullah

KUALA LUMPUR, April 18 (Bernama) -- Economy Minister Akmal Nasrullah Mohd Nasir today described Iran’s commitment to keeping the strategic Strait of Hormuz open as a positive step.

Strait Of Hormuz Reopening Good News But Too Early To Celebrate - Economist

KUALA LUMPUR, April 18 (Bernama) -- Iran’s move to reopen the Strait of Hormuz is welcome news, but it is too early to celebrate as the security situation remains fragile with elevated insurance costs, University of Nottingham Malaysia assistant professor of business economics Dr Tan Chee Meng said.

Ringgit Likely To Trade Within Narrow Range Next Week

KUALA LUMPUR, April 18 (Bernama) -- The ringgit is likely to trade within a narrow range against the US dollar next week as external drivers remain dominant.

Bursa Malaysia Trims Early Gains As Wall Street Sets Tone

By Danni Haizal Danial Donald

KUALA LUMPUR, April 16 (Bernama) -- Bursa Malaysia opened slightly higher on Thursday but pared gains shortly after, tracking cues from Wall Street.

Bursa Malaysia Pares Gains, Turning Lower At Midday On Cautious Sentiment

KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia pared earlier gains to end the morning session lower, as investors turned cautious ahead of the United States-Iran ceasefire deadline, coupled with selling pressure in selected financial heavyweights.

Bursa Malaysia Ends Higher On US-Iran Peace Talk Optimism

By Danni Haizal Danial Donald

KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia ended Tuesday’s trading session higher, in line with gains across regional markets, as sentiment improved on expectations of potential peace talks between the United States (US) and Iran.

Gold Futures End Lower Amid Firmer Demand For US Dollar

KUALA LUMPUR, April 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today due to stronger US dollar and shifting investor positioning amid geopolitical uncertainties in West Asia.

Ringgit Closes Lower Vs Greenback As West Asia Tensions Weigh

By Zufazlin Baharuddin

KUALA LUMPUR, April 13 (Bernama) --  The ringgit closed lower against the US dollar on Monday as rising uncertainties in West Asia weighed on sentiment, said an analyst.

Lack Of GCC Unity Complicates Iran War, Says Academic

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 13 (Bernama) -- A lack of unity among the countries in the Gulf Cooperation Council (GCC) appears to be one of the factors contributing to the increasing complexity of the war in Iran, according to an academic.