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Ringgit Extends Gains Against US Dollar At Opening
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit extended its momentum to open higher on Tuesday against a weaker greenback amid growing market concern over the United States (US) Federal Reserve’s (Fed) independence following continued pressure on its monetary policy stance.
Gold Futures Close Firmer In Line With Gains In US Comex
KUALA LUMPUR, Jan 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, tracking gains on the US COMEX, as sentiment improved amid a weaker US dollar and rising concerns over the independence of the US Federal Reserve.
Ringgit Ends Firmer As Concerns Over Fed Independence Weigh On US Dollar
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 12 (Bernama) -- The ringgit closed firmer against the greenback on Monday as concerns over the US Federal Reserve’s (Fed) independence weighed on the American dollar.
Vantris Energy's Unit To Dispose Stake In L&T-Sapura Shipping For US$30.5 Mln In Total Consideration
KUALA LUMPUR, Jan 12 (Bernama) -- Vantris Energy Bhd’s indirect wholly-owned subsidiary, Sapura Nautical Power Pte Ltd, will divest its 40 per cent equity interest in L&T-Sapura Shipping Pvt Ltd to its India-based joint venture partner Larsen &Toubro Ltd for a total disposal consideration of US$30.5 million (US$1 = RM4.05).
Bursa Malaysia Climbs To Fresh 6-year High On Sustained Buying Interest
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia’s benchmark index extended its upward momentum to close at a fresh six-year high today, supported by sustained buying interest in heavyweight and plantation stocks, in tandem with stronger performances across regional markets.
Petronas Seeks Clarity From Court On Petroleum Regulatory Framework In Sarawak
KUALA LUMPUR, Jan 12 (Bernama) -- Petronas has filed a motion at the Federal Court in Putrajaya to seek clarity on the applicable petroleum regulatory framework governing its operations in Sarawak.
Rubber Market Ends Higher Amid Regional Futures Uptrend
KUALA LUMPUR, Jan 12 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by an upward trend in regional rubber futures, a dealer said.
Malaysia’s Export Outlook Points To Moderate Growth Amid Global Trade Shifts
PETALING JAYA, Jan 12 (Bernama) -- Malaysia’s export outlook is characterised by moderate growth this year as the global economy adjusts to shifting trade patterns and new tariff structures.
Bursa Malaysia Ends Morning Session Higher, Key Index Up 0.44 Pct
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia ended the morning session higher, with the key index rising by 0.44 per cent amid buying support for banking and plantation counters.
Bursa Malaysia Firms In Early Trade, KLCI Holds Above 1,680
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia strengthened in early trade, tracking Wall Street’s gains from the previous week, as improved investor sentiment underpinned buying interest.