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Gold Futures End Lower As Investors Shift Focus, Diverging From COMEX Gains

KUALA LUMPUR, Nov 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, contrary to the positive trend seen in the United States COMEX gold market.

Ringgit Weakens After Trump Announces New Tariffs On Mexico, Canada

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.

 

Bursa Malaysia Bucks Regional Trend To End Higher, Blue Chips Keep CI Above 1,600

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia bucked the mostly weaker regional market trend at the close today, with a stellar performance by heavyweights supporting the key index to stay above the psychologically 1,600 level.

Rubber Market Ends Higher On Regional Futures Uptrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 26 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by the uptrend in the regional rubber futures markets and steady crude oil prices, a dealer said.

ASEAN-BAC Malaysia Aims To Strengthen Regional Economic Ties As Malaysia Assumes ASEAN Chairmanship

KUALA LUMPUR, Nov 26 (Bernama) -- The ASEAN Business Advisory Council (ASEAN-BAC) Malaysia is committed to fostering closer economic ties within the region as it prepares to assume the chairmanship next year. 

Inaugural WIC Highlights Saudi’s Leadership In Global Investment Opportunities

KUALA LUMPUR, Nov 26 (Bernama) -- The 28th World Investment Conference (WIC) was officially launched today in Riyadh by Invest Saudi and the World Association of Investment Promotion Agencies (WAIPA).

ACE Market-bound Winstar Capital Targets RM19.79 Mln From IPO

KUALA LUMPUR, Nov 26 (Bernama) -- Aluminium products manufacturer Winstar Capital Bhd, en route to a listing on Bursa Malaysia’s Ace Market on Dec 19, 2024, aims to raise RM19.79 million through its initial public offering (IPO).

IHH, Petronas Dagangan Keep FBM KLCI Above 1,600 Mark Amid Mixed Market

KUALA LUMPUR, Nov 26 (Bernama) -- IHH and Petronas Dagangan continued to support Bursa Malaysia’s main index above the 1,600 mark, amid selling in mid-cap stocks that led to a mixed market breadth.

Tax Incentives Considered To Draw Investors To Build SAF Production Hub - Johari Ghani

KUALA LUMPUR, Nov 26 (Bernama) -- The Plantation and Commodities Ministry (KPK) is considering several tax incentives to attract investors into Malaysia to build a production hub for sustainable aviation fuel (SAF).

Malaysia's 2024 IPO Mania Continues, Leading The Regional Market – Rakuten Trade

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia is currently leading the region's initial public offering (IPO) market, with increasing participation from both institutional and retail investors, reflecting growing interest in capital markets.

Bursa Malaysia Holds Firm Near 1,600 Level, Tracks Wall Street's Upswing

KUALA LUMPUR, Nov 26 (Bernama) -- Bursa Malaysia stayed resilient near the psychologically significant 1,600 level, taking cues from Wall Street's record close following the nomination of hedge fund manager Scott Bessent as the new US Treasury Secretary.

PM Anwar Encourages South Korean Investors To Explore Opportunities In Malaysia

KUALA LUMPUR, Nov 25 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has welcomed investors from South Korea to explore the various opportunities available in Malaysia and to collaborate in efforts to boost and achieve mutual prosperity.