Ringgit Likely To Trade On Softer Note Next Week

KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.

Rubber Market Closes Lower, Tracking Regional Futures Markets

KUALA LUMPUR, Jan 3 (Bernama) -- The local rubber market continued to close lower on Friday, in tandem with a downtrend in the regional rubber futures markets due to underwhelming global factory activity data that signalled a rocky economic outlook, a dealer said.

Maybank IB: CPO Prices Seen At RM4,500–RM5,000 In 1Q 2025

KUALA LUMPUR, Jan 2 (Bernama) -- Maybank Investment Bank Bhd (Maybank IB) expects crude palm oil (CPO) average selling prices (ASP) to range between RM4,500 and RM5,000 per tonne in the first quarter of 2025 (1Q 2025).

Ringgit Closes Little Changed Against US Dollar

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.

Consistent Buying Lifts Bursa Malaysia To End Higher, CI Up 0.67 Pct

By Anas Abu Hassan

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia sustained its bullish momentum to finish on a firm note today, supported by persistent buying interest amid positive sentiment across the board, said an analyst.

Automotive Sector Revs Up To Another Resilient Performance In 2024 As First National EV Debuts

KUALA LUMPUR, Dec 25 (Bernama) -- As 2024 draws to a close, the automotive industry stands out not only because of the better-than-expected vehicle sales for the third year running but also due to the much-anticipated launch of Malaysia’s very own electric vehicle (EV).

SME Sentiment Index Hits Record High In 2H 2024

KUALA LUMPUR, Dec 24 (Bernama) -- The small and medium enterprise (SME) sentiment index rose to 55.8 in the second half of 2024 (2H 2024), up from 54.7 in the first half (1H 2024), according to SME Bank Malaysia Bhd.

Renewed Buying Interest Lifts FBM KLCI To Close Higher

KUALA LUMPUR, Dec 23 (Bernama) -- The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) staged a rebound from last Friday’s losses to close higher today, underpinned by renewed buying interest in banking stocks, in line with the mostly positive regional market performance, said an analyst.

Bursa Malaysia Rises on Wall Street Optimism

By Anas Abu Hassan

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by improved sentiment following Wall Street's strong performance last week, an analyst said.

ASEAN Chairmanship In 2025 Marks Pivotal Moment For Malaysia

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) -- In less than two weeks, Malaysia will take on the ASEAN chairmanship in January 2025, marking a pivotal moment for the country.

Top Glove Returns To The Black, Posting A Net Profit Of RM5.47 Mln In 1Q FY2025

KUALA LUMPUR, Dec 20 (Bernama) -- Top Glove Corporation Bhd has returned to the black, posting a net profit of RM5.47 million in the first quarter ended Nov 30, 2024 (1Q FY2025), rebounding from a RM57.71 million net loss in 1Q FY2024.

Ringgit Continues To Extend Loss On Fed’s Hawkish Turn

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit ended lower against the US dollar on Thursday, continuing its decline after the US Federal Reserve (Fed) signalled a more cautious approach to rate cuts next year, following a 25-basis-point reduction on Wednesday.