13d ago
By Anas Abu Hassan and Danni Haizal
KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia opened marginally higher on Thursday, tracking mixed signals from Wall Street’s overnight performance amid a cautious market tone, an analyst said.
13d ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 26 (Bernama) -- The ringgit extended its gains against the US dollar on Thursday, buoyed by comments from US Federal Reserve (Fed) chair Jerome Powell highlighting uncertainty over the inflationary impact of tariffs.
14d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, June 25 (Bernama) -- The ringgit ended firmer today, supported by easing geopolitical tensions and weaker United States (US) economic data that continued to pressure the greenback.
15d ago
KUALA LUMPUR, June 24 (Bernama) -- Kenanga Investment Bank Bhd has revised its 2025 inflation forecast downward to 2.0 per cent from 2.7 per cent (2024: 1.8 per cent), while expecting Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged.
16d ago
KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia trended lower in early trade today as investors turned wary amid heightened geopolitical tensions in the Middle East, an analyst said.
19d ago
KUALA LUMPUR, June 20 (Bernama) -- Rakuten Trade Sdn Bhd has revised its year-end target for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,630 from its earlier projection of 1,730, in line with the recent downgrades in corporate earnings, said its head of research Kenny Yee Shen Pin.
21d ago
KUALA LUMPUR, June 18 (Bernama) -- The ringgit was slightly higher against the US dollar at today’s opening with investors remaining cautious ahead of the United States (US) monetary policy outcome due later tonight, an analyst said.
22d ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia closed lower on Tuesday amid foreign fund outflows as investors weighed the escalating Israel-Iran tensions, analysts said.
25d ago
By Siti Noor Afera Abu
KUALA LUMPUR, June 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as renewed geopolitical concerns, following Israel’s airstrikes on Iranian nuclear facilities, spurred safe-haven demand.
26d ago
KUALA LUMPUR, June 13 (Bernama) -- The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.
26d ago
KUALA LUMPUR, June 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives advanced for a second consecutive day, driven by softer US inflation data that strengthened market expectations for interest rate cuts by the US Federal Reserve (Fed) later this year.
27d ago
KUALA LUMPUR, June 12 (Bernama) -- The ringgit continues to strengthen against the greenback on Thursday, amid weaker United States (US) economic data, an analyst said.