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Bursa Malaysia Opens Higher, Tracking Wall Street Gains Overnight

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia opened higher today, tracking the better overnight performance on Wall Street bolstered by Nvidia’s strong earnings.

Petronas Chemicals Records Loss Of RM789 Mln In 3Q On Unrealised Forex Loss

KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.

Ringgit Ends Higher On Weaker Demand For Greenback

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit appreciated against the US dollar on Tuesday rebounding from yesterday’s loss, following weaker demand for the greenback, said an analyst.

Airbus Helicopters Eyes Growth In Malaysia, Asia-Pacific Amid Rising EMS Demand

SUBANG JAYA, Nov 19 (Bernama) -- Airbus Helicopters is optimistic about its growth in Malaysia and the Asia-Pacific region through 2025, driven by rising demand in both civil and military sectors, particularly for emergency medical services (EMS), as the region’s economic development and security needs expand.

Bursa Malaysia Opens Lower On Fed Rate Caution

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia’s key index opened lower today, tracking Wall Street’s mixed overnight performance, as sentiment remained cautious over the US Federal Reserve’s (Fed) interest rate trajectory.  

Bursa Malaysia Rebounds On Bargain Hunting After Two Days Of Losses

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.

Bursa Malaysia Opens Marginally Higher Despite Weaker Wall St

KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia’s key index opened marginally higher today despite a weaker Wall Street showing last Friday, as analysts cautioned that the Trump-inspired rally may have run its course following the Republicans’ control of both the House and Senate.  

Bursa Malaysia Seen Remaining In Consolidation Mode Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 16 (Bernama) -- Bursa Malaysia is anticipated to remain in a consolidation phase next week, with investors closely monitoring both domestic and international developments that could influence market direction. 

CPO Futures Close Higher As Traders Bet On Supply Tightness

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Friday, rebounding from the losses seen over the past three days, said Fastmarket Palm Oil Analytics senior analyst Sathia Varga.

Ringgit Stages Rebound To Close Firmer Vs US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.

Bursa Malaysia Pares Gains To Head Lower At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia pared earlier gains to head into the midday break lower, with selling pressure seen across the board despite the release of positive third-quarter gross domestic product (GDP) figures released at noon.

Gold Futures Rebound To Finish Higher

KUALA LUMPUR, Nov 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today ahead of the United States (US) inflation data for October, mirroring gains in the US COMEX gold market.