Ringgit Opens Marginally Higher Against US Dollar
KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened marginally higher against the US dollar today despite the US Dollar Index’s (DXY) strengthening, which should accelerate demand for the greenback.
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APEC Growth Seen Moderating To 3.1 Pct In 2025 Amid Rising Debt, Geopolitical Risk
From M. Saraswathi
LIMA (Peru), Nov 12 (Bernama) -- Economic and geopolitical factors are slowing growth in the Asia Pacific Economic Cooperation (APEC) region, which consists of 21 member economies, according to the APEC Regional Trends Analysis report.
CPO Futures Close Lower On Weaker Export Pace, Snapping Four-day Winning Streak
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a four-day winning streak to end lower today as a weaker export pace weighed on prices, said a dealer.
Gold Futures Extend Losses To Finish Lower
KUALA LUMPUR, Nov 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today amid a stronger US dollar, while tracking losses in the US COMEX gold market.
Ringgit Extends Fall Against Greenback Ahead Of US Inflation Data
By Anas Abu Hassan
KUALA LUMPUR, Nov 12 (Bernama) -- The ringgit continued to close lower against the greenback on Tuesday as the American dollar extended its rally ahead of speeches by US Federal Reserve (Fed) officials this week and US inflation data tomorrow, an economist said.
Hartalega 2Q Net Profit Slips To RM8.63 Mln
KUALA LUMPUR, Nov 12 (Bernama) -- Hartalega Holdings Bhd posted a lower net profit of RM8.63 million for the second quarter (2Q) ended Sept 30, 2024 (FY2025) compared to RM27.70 million in the same quarter last year.
Unit Price Index Of Steel And Metal Down By -0.6 Pct To -4.9 Pct In October -- DOSM
KUALA LUMPUR, Nov 12 (Bernama) -- The unit price index of steel and metal recorded a decrease between -0.6 per and -4.9 per cent in most parts of Malaysia in October 2024, said the Department of Statistics Malaysia (DOSM).
Bursa Malaysia Stays Higher At Midday
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia’s key index remained positive at midday today, mainly boosted by plantation stocks.
Natural Rubber Production Eases 13.9 Pct To 30,929 Tonnes In September - DOSM
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 13.9 per cent to 30,929 tonnes in September 2024 compared to 35,908 tonnes in August 2024, according to the Department of Statistics Malaysia (DOSM).
RHBIB Upgrades Call On Plantation Sector, Share Prices Yet To Reflect CPO Prices
KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.
Kerjaya Prospek's Shares Up Following Plans To Expand Property Portfolio In Penang
KUALA LUMPUR, Nov 12 (Bernama) -- Kerjaya Prospek Group Bhd shares rose in early trade in Bursa Malaysia today after the company expanded its property portfolio in Penang.
Bursa Malaysia Opens Higher, Tracking Overnight Wall St Gains
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia opened higher, rebounding on a stronger Wall Street performance overnight, according to an analyst.