Bursa Malaysia Ends Slightly Lower Tracking Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended the week slightly lower, tracking the negative performance seen across regional markets, particularly among emerging markets, an analyst said.

MIDF Research: Oil Prices Under Pressure As Supply Outpaces Demand

KUALA LUMPUR, June 6 (Bernama) -- Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research).

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia ended lower at midday today as profit-taking activities continued from mid-morning in most lower liners and selected blue-chip counters, led by industrial products and services stocks. 

Petronas Subsidiaries Mixed In Early Session Amid Workforce Cut Announcement

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.

Bursa Malaysia Lower At Opening, Tracking Wall Street Losses

By Rosemarie Khoo

KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia opened lower today, tracking the overnight losses on Wall Street, with sentiment affected by the ongoing spat between US President Donald Trump and businessman Elon Musk.

Petronas Not Exiting Canada, Says Group CEO

KUALA LUMPUR, June 5 (Bernama) -- Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada.

Bursa Malaysia Rises For 2nd Straight Day On Continued Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia closed higher for the second consecutive day as bargain hunting persisted after last week's sell-off, in line with the upbeat performance of regional markets, said an analyst.

Bursa Malaysia Ends Morning Session In Positive Territory

KUALA LUMPUR, June 5 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by continued bargain hunting in most heavyweights particularly in the utilities and consumer products and services sectors. 

Bursa Malaysia Rebounds To Close Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia picked up momentum in the final hour of trading to close marginally higher, driven by bargain-hunting in energy and telecommunication stocks during the late session, said an analyst.

Petronas Maintaining Operations In Canada

KUALA LUMPUR, June 4 (Bernama) -- Petroliam Nasional Bhd (Petronas) today denied news reports claiming the national oil firm is leaving Canada. 

Bursa Malaysia Opens Higher Tracking Wall Street's Overnight Gains

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 4 (Bernama) -- Bursa Malaysia opened higher today, tracking overnight gains on Wall Street, as sentiment was boosted by the potential reversal of US President Donald Trump’s tariff policy, which many view as a negotiation tool, said an analyst.