FBM KLCI Futures Expected To Trade Higher Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by a positive outlook on the cash market, according to an analyst.

Ringgit Extends Gain To Open Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.

Bursa Malaysia Opens Higher, Tracks Wall Street Gains

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia was higher in early trade today, tracking the upbeat performance on Wall Street overnight.

Ringgit Opens Higher On US Rate Cut Expectations

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.

CPO Futures End Lower On Weaker Soybean Oil

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, tracking weaker soybean oil prices and expected higher output in the coming weeks, a trader said.

GWM Brazil Plant Marks Milestone In Chinese Automotive Trust And Tech

KUALA LUMPUR, Aug 26 (Bernama) -- GWM, a Chinese automotive brand, has officially launched production at its Brazil plant, marking a major step in the company’s global strategy and a defining moment for Chinese intelligent manufacturing abroad.

Maybank Continues To Look For Growth Opportunities, Revises Loan, Nim Expectations - President/GCEO

KUALA LUMPUR, Aug 26 (Bernama) -- Malayan Banking Bhd (Maybank) continues to pursue growth opportunities across segments despite soft market conditions, said president and group chief executive officer (GCEO) Datuk Seri Khairussaleh Ramli. 

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by profit-taking in financial, transportation and utilities heavyweights, a dealer said.

13MP: High-value Manufacturing Vital To Maintain Malaysia's Position As Top Glove Exporter -- Margma

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia’s global leadership in rubber glove exports during the 13th Malaysia Plan (13MP) period hinges on a sustained emphasis on high-value manufacturing, digitalisation, sustainability and labour market reforms.

Bursa Malaysia Extends Gains, FBM KLCI Up 9.78 Pts

KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia opened higher on Monday, extending last week’s gains as investors tracked Wall Street’s upbeat close on Friday.

Ringgit Rises Vs Greenback As Fed Signals Sept Rate Cut

KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.

Bursa Malaysia Expected To Continue Uptrend, To Test 1,600 Level Next Week

By Zarul Effendi Razali

KUALA LUMPUR, Aug 23 (Bernama) -- Bursa Malaysia is expected to remain on an upward trajectory next week, testing the psychological 1,600 level, with some profit-taking activity possibly emerging ahead of the long weekend, an economist said.