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FBM KLCI Closes At Intra-day High For Second Session As Investors Regain Risk Appetite

KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia finished at its intra-day high for the second straight session on Thursday, driven by global optimism and the latest round of government fiscal aid that led investors to be back in the local market.

RM100 Cash Aid To Have RM3 Bln Retail Injection, Boost Consumption - Kenanga IB

By Siti Radziah Hamzah

KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit Extends Gains As Govt Initiatives, US-Japan Trade Deal Lift Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.

The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.

Rubber Market Closes Lower On Weaker Oil, Firm Ringgit

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 21 (Bernama) -- The Malaysian rubber market ended slightly lower on Monday, weighed down by weaker crude oil prices and a firmer ringgit against the US dollar, a dealer said.

Ringgit Opens Higher Against US Dollar On Upbeat China Data

KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, in line with strengthening Chinese yuan supported by upbeat China’s June economic data release, said an analyst.

Bursa Malaysia Seen Range-Bound, Macro Data In Focus

By Siti Noor Afera Abu and Danni Haizal Danial Donald

KUALA LUMPUR, July 12 (Bernama) -- Bursa Malaysia is expected to trade sideways next week, with the index’s bullish momentum likely dependent on key macroeconomic data from China and the United States (US).

Rubber Market Likely To Trade Upward Next Week

By K. Naveen Prabu

KUALA LUMPUR, July 12 (Bernama) -- The Malaysian rubber market is expected to trend upward next week, supported by stronger United States (US) economic data and rising oil prices, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

BNM Cuts OPR By 25 Bps To 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has reduced the Overnight Policy Rate (OPR) by 25 basis points to 2.75 per cent today. 

Fiscal Consolidation Pays Off For Malaysia; US Dollar Seen On Weaker Path

By Harizah Hanim Mohamed

KUALA LUMPUR, July 6 (Bernama) -- Malaysia’s fiscal consolidation efforts are beginning to bear fruit, with measures to narrow the fiscal deficit and reduce government debt gaining traction despite criticism, signalling a positive outlook for the country’s sovereign credit ratings.

Bursa Malaysia Ends Higher For Third Straight Session

By Zarul Effendi Razali and Danni Haizal Danial Donald

KUALA LUMPUR, June 30 (Bernama) -- Bursa Malaysia maintain its upward momentum to end higher for the third consecutive session, supported by continued buying in selected industrial products and services as well as healthcare counters, an analyst said.

Rubber Market Ends Mixed

By K. Naveen Prabu

KUALA LUMPUR, June 30 (Bernama) -- The Malaysian rubber market ended mixed today amid an uptrend in the regional rubber futures markets, a dealer said.

Rubber Market Ends Lower Following Oil Price Drop

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market ended lower today in tandem with the downtrend in the regional rubber futures markets, a dealer said.