1y ago
KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia was marginally lower in early trade Thursday as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.
1y ago
KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today, in tandem with the decline in the regional rubber futures markets amidst rising concerns over the United States (US) trade tariff decision, said a dealer.
1y ago
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.
1y ago
KUALA LUMPUR, Feb 8 (Bernama) -- The ringgit is expected to trade within the 4.40-4.45 range against the US dollar next week, driven by trade developments and broader risk sentiment, said Kenanga Investment Bank Bhd.
1y ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 20 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today, fueled primarily by a dip in the US dollar and a continued decline in US Treasury yields following last week’s softer inflation data.
1y ago
KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from yesterday's losses to close marginally higher on Friday, driven by bargain hunting in banking and telecommunications stocks, despite the downbeat performance in regional bourses.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Hong Leong Investment Bank (HLIB) expects inflation to rise in 2025, driven by domestic policy reforms such as the RON95 fuel subsidy rationalisation and an expanded sales and services tax (SST) scope.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but turned lower thereafter following a lack of catalysts amid Wall Street’s soft performance amid sticky inflation data and trading slowing ahead of the US Thanksgiving Day holiday.
1y ago
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.