KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, opening 0.63 per cent higher to reach a new peak not seen since June 2018, supported by continued foreign fund inflows following heavy outflows last year.
By K. Naveen Prabu
KUALA LUMPUR, Jan 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, driven by expectations of weaker output in the coming weeks, said a trader.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.
KUALA LUMPUR, Jan 26 (Bernama) -- Exsim Hospitality Bhd (EHB) has bagged a RM21 million contract to carry out interior fit-out works for a 50-storey mixed commercial development here.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.
KUALA LUMPUR, Jan 26 (Bernama) -- Gold prices are set for an upward revision, with the forecast raised to US$5,600 per ounce by the end of 2026, up from the previous estimate of US$4,800, reflecting recent developments and stronger‑than‑anticipated persistence rather than a reassessment of the underlying narrative, said OCBC Group Research.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s gold price is on track to surpass RM700 per gram going forward, supported by a softer US dollar and as the ringgit continues to strengthen, said analysts.
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s fundamentals “remain encouraging,” supported by quality foreign direct investment (FDI) inflows, upbeat growth, a wider trade surplus and a clear commitment to fiscal consolidation, said OCBC Group Research.
KUALA LUMPUR, Jan 26 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Hong Leong Insurance (Asia) Limited (HLIA), maintaining a stable outlook.
KUALA LUMPUR, Jan 26 (Bernama) -- Quantexa, a global pioneer in Decision Intelligence (DI), announced the global availability of its Quantexa Accelerator for Decision Intelligence for Guidewire ClaimCenter on the Guidewire Marketplace.
PUTRAJAYA, Jan 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude over the ringgit’s appreciation against the US dollar, saying “Alhamdulillah” when asked to comment on the local currency’s strongest performance in more than seven years.
