FBM KLCI Futures Higher In Early Trade
KUALA LUMPUR, Sept 24 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session today, tracking the underlying cash market.
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Bursa Malaysia Opens Higher, Tracking Wall Street's Overnight Performance
By Karina Imran
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to open higher today, tracking Wall Street’s overnight upbeat performance, said an analyst.
RON95 Targeted Subsidy Can Influence Malaysia's Inflation Trends, Says Economist
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 24 (Bernama) -- Malaysia’s inflation rate easing to 1.9 per cent in August 2024 has raised concerns about the implications of a RON95 targeted subsidy mechanism, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
Ringgit Opens Higher Vs US Dollar, Revisits RM4.19 Level
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit revisits the RM4.19 level against the US dollar today, with immediate support expected at RM4.07, driven by Malaysia’s lower-than-forecasted CPI increase of 1.9 per cent and a 50 basis point interest rate cut by the US Federal Reserve.
EPB Group To Buy Industrial Land For RM22.49 Mln
KUALA LUMPUR, Sept 23 (Bernama) -- EPB Group Bhd subsidiary Easy Pack Machinery Sdn Bhd has signed a sale and purchase agreement with Penang Development Corporation to acquire a parcel of industrial land located at Plot P23B, Penang Science Park North for RM22.49 million
CPO Futures Higher On Greater Export Outlook, Slowing Sept Production
By Zufazlin Baharuddin
KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the fourth consecutive trading day on anticipation of greater export outlook amidst slowing production in September.
MRC Projects Exports Of Rubber, Related Products To Exceed RM30 Bln
KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian Rubber Council (MRC) has projected Malaysia's rubber and rubber products exports could exceed RM30 billion by the end of the year, buoyed by strong performance in the first half of 2024 (1H 2024).
Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said.
Securities Commission Releases Updated Investor Alert List
KUALA LUMPUR, Sept 23 (Bernama) -- The Securities Commission (SC) has updated its Investor Alert List containing the latest unauthorised entities and individuals for investment schemes.
Fed Rate Cut Impact Propels Gold Futures To Close Higher
KUALA LUMPUR, Sept 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by the ongoing impact of the United States Federal Reserve’s (Fed) rate cut.
Inflation Rate To Trend Between 2.0 Pct And 2.3 Pct Yoy For 2024 - Analysts
KUALA LUMPUR, Sept 23 (Bernama) -- Analysts expect headline inflation to trend between 2.0 per cent and 2.3 per cent year-on-year (yoy) for the rest of 2024.
FBM KLCI Futures End Lower, Tracking Cash Market's Performance
KUALA LUMPUR, Sept 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, in line with the performance of the underlying cash market.