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 FBM KLCI To Reach 1,700 By Year-End If Banking Sector Is Positive - Maybank IB

KUALA LUMPUR, Nov 24 (Bernama) -- Maybank Investment Bank Bhd believes the FTSE Bursa Malaysia KLCI (FBM KLCI) could still reach the 1,700 level by year's end, provided there is positive price movement in the banking sector and certain counters.

KLCI Futures Higher In Early Trade

KUALA LUMPUR, Nov 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session today.

Bursa Malaysia Edges Higher In Early Trade

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by Friday’s Wall Street rally and bargain-hunting activity.

Ringgit Opens Slightly Higher Vs US Dollar Amid Mixed Fed Signals

KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Monday, though sentiment stayed guarded as conflicting remarks from US Federal Reserve (Fed) officials left investors uncertain about the greenback’s near-term direction.

Anwar Receives State Welcome And Leads High-level Forums In Nairobi

NAIROBI, Nov 24 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim will be accorded a state-level welcoming ceremony at the State House, the official residence of Kenya’s President, William Samoei Ruto.

PM Anwar Arrives In Kenya For Final Leg Of African Tour

From Saraswathi Muniappan

NAIROBI, Nov 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim arrived in Nairobi, Kenya, at 5 pm local time (Malaysia 10 pm) for his official visit, the last leg of the three-country African tour.

PM Anwar's Official Visit To Kenya Set To Bolster Bilateral, Economic Ties

KUALA LUMPUR, Nov 23 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Kenya, which begins today, is set to strengthen the bilateral and economic relationship between Malaysia and the African nation, including in sectors such as the digital economy and housing.

Ringgit Likely To Trade Between 4.13-4.16 With Slight Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.

Gold Futures Likely To Trade Lower Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives are expected to trade lower next week, with traders eyeing a consolidation within the US$4,015 to US$4,075 per troy ounce range.

CPO Futures Ends Lower On Weaker Demand Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended the week on a weaker note, closing lower on Friday due to concerns over weak demand, a trader said.

Ringgit Ends Firmer Against US Dollar Despite Strong US Jobs Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit ended higher against the US dollar today, tracking gains by several regional currencies despite the stronger-than-expected United States nonfarm payrolls report for September.

Analysts Lower 2025 Inflation To 1.4 Pct, Expect 1.8 Pct Next Year

KUALA LUMPUR, Nov 21 (Bernama) -- Kenanga Investment Bank Bhd has lowered its 2025 inflation forecast to 1.4 per cent from 1.5 per cent (2024: 1.8 per cent), driven by the deflationary effects of Budi95.