Banking, Consumer Product Stocks Lift FBM KLCI At Midday
KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by renewed buying interest in selected heavyweight banking and consumer product counters.
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Ringgit To Trade Within 4.42-4.45 Range Against Greenback Next Week
By Karina Imran
KUALA LUMPUR, March 22 (Bernama) -- The ringgit is anticipated to trade within the 4.42–4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
OPEC+ To Bring Back 5.8 Mln Bpd Of Extra Crude Oil To Buffer Losses From Canada, Mexico
KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.
Gold Futures Close Higher On Weaker US Dollar
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as the greenback weakened after US President Donald Trump's call for interest rate cuts.
Bursa Malaysia Opens Lower On Lack Of Buying Interest
KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.
BMI Lowers 2025 Brent Crude Annual Average Price To US$76 Per Barrel
KUALA LUMPUR, Dec 6 (Bernama) -- BMI, a unit of Fitch Solutions, revised downward its annual average of US$76 per barrel for Brent crude in 2025, down from US$78 per barrel previously.
Rubber Market Closes Higher As Regional Rubber Futures Markets Rally
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market continued its upward trend to close higher today.
EMGA Secures US$30 Mln Debt Financing For Uzbekistan’s Ipak Yuli Bank
KUALA LUMPUR, Dec 2 (Bernama) -- Emerging Markets Global Advisory LLP (EMGA) has completed its first transaction for Ipak Yuli Bank in Uzbekistan, securing US$30 million from the OPEC Fund for International Development (OPEC Fund). (US$1=RM4.44)
MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025
KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.
BMI Maintains Brent Crude Price At US$81 Per Barrel In 2024
KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.
RHB Investment Bank Maintains Malaysia 2025 GDP Forecast At 5.0 Pct Post-Trump Win
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
Bursa Malaysia Trims Loss At Midday, Bargain Hunting Lifts Key Index Above 1,600
KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia’s main index ended the morning session above the psychological support level of 1,600 points, spurred by bargain hunting activities in blue chips and mid-cap stocks.