Late Selling Pushes Bursa Malaysia Into Negative Territory At Close

By Siti Noor Afera Abu

KUALA LUMPUR, May 11 (Bernama) -- Late selling pressure dragged Bursa Malaysia into negative territory at the close, reversing earlier gains as profit-taking in heavyweight banking and transportation counters dampen overall market sentiment.

Abaxx Teams Up With Alta On Collateral Initiative

KUALA LUMPUR, May 11 (Bernama) -- Abaxx Technologies Inc (Abaxx) has entered a commercial engagement with Alta Alternative Investments Pte Ltd (Alta) to advance the use of money market fund shares as T+0 collateral for margin at Abaxx Clearing, moving Digital Title toward its first commercial implementation.

Gold Futures Likely To Trade In Narrow Range On Expectations Of Easing West Asia Tensions

KUALA LUMPUR, May 9 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a narrow range of US$4,680 to US$4,780 per troy ounce next week, on expectations of easing tensions in West Asia.

Gold Futures Pare Two-Day Gains To Close Lower

By Danni Haizal Danial Donald

KUALA LUMPUR, May 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared two-day gains to close lower on Friday as the market remained cautious ahead of the release of the United States jobs report

Bursa Malaysia Opens Marginally Lower On Friday

By Karina Imran

KUALA LUMPUR, May 8 (Bernama) -- Bursa Malaysia opened marginally lower on Friday, as buying was interspersed with selling in selected heavyweight stocks due to uncertain geopolitical developments.

Gold Futures Extend Gains On Weaker Greenback, US Treasury Yields Decline

By Danni Haizal Danial Donald

KUALA LUMPUR, May 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains, closing higher on Thursday, as market sentiment improved following a decline in United States Treasury yields and a weaker US dollar.

Ringgit Opens Higher, May Extend Gains If OPR Holds At 2.75 Pct

KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended yesterday’s momentum to open higher on Thursday, amid expectations that it could appreciate further today.

Bursa Malaysia Opens Higher Ahead Of OPR Announcement

By Abdul Hamid A Rahman

KUALA LUMPUR, May 7 (Bernama) -- Bursa Malaysia opened higher on Thursday, supported by buying interest in banking and financial stocks ahead of Bank Negara Malaysia’s Overnight Policy Rate (OPR) announcement later today, in line with overnight gains on Wall Street.

Gold Futures End Firmer On Softer US Dollar, Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, May 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives pared yesterday’s losses to close higher on Wednesday, as a softer US dollar and crude oil prices lifted market sentiment.

Bursa Malaysia Opens Lower Amid Renewed West Asia Tensions

By Karina Imran

KUALA LUMPUR, May 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, mirroring Wall Street’s decline as renewed geopolitical tensions in West Asia dampened investor sentiment, an analyst said.

Indonesia Plans Export Duties, Windfall Tax On Coal And Nickel To Ease Subsidy Burden

JAKARTA, May 4 (Bernama) -- Indonesia plans to introduce export duties and a windfall tax on coal and nickel as part of efforts to offset rising subsidy costs in the national budget.

Gold Futures End Lower On Hawkish Inflation Signals

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, tracking the softer COMEX gold futures performance, as investors digested hawkish stances on inflation by major central banks.