KUALA LUMPUR, May 9 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to open higher, boosted by renewed buying interest in selected heavyweights, which is in line with positive momentum on the regional market, an analyst said.
By Siti Noor Afera Abu
KUALA LUMPUR, May 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher today, rebounding from a seven-day losing streak as bargain hunters stepped in after the recent price decline.
KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened slightly higher today but retreated thereafter, driven by mild profit taking, amid renewed concern over the global economic outlook, an analyst said.
KUALA LUMPUR, May 8 (Bernama) -- The ringgit opened stronger against the US dollar today, supported by renewed buying interest after the US Federal Reserve (Fed) left interest rates unchanged overnight, with analysts anticipating potential rate cuts later this year, said an economist.
By Siti Noor Afera Abu
KUALA LUMPUR, May 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower for the second straight day, pressured by mounting concerns over increasing production and stock levels.
KUALA LUMPUR, May 7 (Bernama) -- Persistent buying in selected telecommunications and media, as well as utilities counters lifted Bursa Malaysia to end at an intraday high today, in line with positive momentum across the regional market, an analyst said.
KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia ended the morning session higher today on persistent buying in selected heavyweights, in line with positive momentum on the regional market, a dealer said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, May 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, reversing earlier gains, weighed down by concerns over strong output and expectations of rising stock levels in coming weeks.
KUALA LUMPUR, May 6 (Bernama) -- Bursa Malaysia was lower at midday today on continued profit-taking in selected heavyweights, as investors remained concerned about the global market outlook, a dealer said.
KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened higher today but retreated thereafter, driven by mild profit-taking in selected heavyweights as Wall Street continued its uptrend, analysts said.
KUALA LUMPUR, May 5 (Bernama) -- Foreign investors continued their streak of net inflows on Bursa Malaysia, extending to a two-week buying streak, recording a net inflow of RM853.8 million, marking the first consecutive weeks of net foreign inflows since September 24.
KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened marginally lower but turned higher on Monday, buoyed by the positive sentiment of fund inflows by foreign investors throughout last week, analysts said.
