PHB Net Profit Surges Over Threefold To RM117.2 Mln In FY2024

KUALA LUMPUR, March 20 (Bernama) -- Pelaburan Hartanah Bhd’s (PHB) net profit for the financial year ended Dec 31, 2024 (FY2024) more than tripled to RM117.2 million from RM31.7 million in the previous year. 

Gold Futures Close Marginally Lower As Markets Monitor Shifts In Geopolitical Sentiment

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, March 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed marginally lower due to a shift in geopolitical sentiment, said SPI Asset Management managing partner Stephen Innes.

Bursa Malaysia Continues Uptrend At Midday

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia ended the morning session higher, boosted by renewed buying interest in selected heavyweights in the banking and utilities sectors amid positive sentiment.

Ringgit To Remain Defensive Next Week, Trading Within 4.43-4.44 Range Against Greenback

By Danni Haizal Danial Donald

KUALA LUMPUR, March 15 (Bernama) -- The ringgit is expected to remain defensive within the 4.43-4.44 range against the US dollar next week, as cautious investor sentiment continues to strengthen demand for the greenback as a safe-haven currency, said an analyst.

Gold Futures Likely To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, March 15 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is expected to trade higher next week.

Global Gold Prices Surge To New High, Lifting Bursa Malaysia's Gold Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended strongly on Friday, closely tracking the global gold market’s rally as prices soared to a new all-time high of US$2,990,21 an ounce, said an analyst.

Ringgit Ends Lower Against Greenback On Trade War Uncertainties

By Danni Haizal Danial Donald

KUALA LUMPUR, March 14 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as trade war uncertainties weighed on market sentiment, said an analyst.

Gold Futures Ends Higher On Trade War Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday as gold prices pushed higher due to trade war concerns ramping up ahead of the United States reciprocal tariff deadline in early April, said an analyst.

Ringgit Closes Lower Against Greenback Ahead Of US PPI Data Release

By Danni Haizal Danial Donald

KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.

Gold Futures Close Higher After Two Days Of Losses

By Danni Haizal Danial Donald

KUALA LUMPUR, March 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Wednesday as the commodity holds steady despite the Ukraine ceasefire and rising United States (US) yields, which could have sparked a deeper selloff, said an analyst.

Ringgit Closes Lower Against US Dollar Ahead Of US Inflation Data

By Danni Haizal Danial Donald

KUALA LUMPUR, March 12 (Bernama) -- The ringgit closed lower against the US dollar on Wednesday on caution ahead of US inflation data later tonight and as the global trade war escalated.

FBM KLCI Futures End Lower, Tracking Cash Market Losses

KUALA LUMPUR, March 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, tracking losses in the underlying cash market.