FBM KLCI Rebounds On Last-minute Buying At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded at the midday break, lifted by last-minute buying and gains across most regional peers.

Bursa Malaysia Opens Slightly Lower, Tracks Wall Street

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, following Wall Street’s decline as investors digested comments from US Federal Reserve chairman Jerome Powell suggesting US equities may be overvalued.

Ringgit Ends Lower Against Greenback On Profit-taking

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed lower against the US dollar on Tuesday due to profit-taking, as traders and investors opted to lock in recent gains, said an analyst.

Bursa Malaysia Seen Trading Sideways With Upside Bias Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia is expected to continue moving sideways in the near term with an upside bias supported by sustained buying interest during market dips, an analyst said.

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street, as investors assessed the US Federal Reserve’s shift towards an easing policy aimed at stimulating economic growth rather than combating inflation.

Ringgit Opens Higher Vs US Dollar, Tracking firmer Regional Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened higher against the US dollar on Friday, tracking the firmer performance of regional currencies despite the continued strength of the greenback.

Bursa Malaysia Ends Lower On Profit-taking

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia’s benchmark index ended lower on profit-taking, slipping back below the 1,600 psychological level amid weakness in selected banking, utilities and Petronas-linked heavyweights.

Ringgit Opens Lower Vs Greenback Amid US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points.

Bursa Malaysia Finishes In The Red On Profit-Taking After Three-day Rally

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia finished today’s session in the red as investors locked in profits after a three-day rally, while most regional indexes ended broadly higher after the US producer price inflation came in unexpectedly softer for August.

Bursa Malaysia Rebounds As Late Buying Offsets Profit-taking

KUALA LUMPUR, Sept 9 (Bernama) -- The FBM KLCI staged a late turnaround to close slightly higher, lifted by last-minute buying in CelcomDigi, which offset earlier losses from ex-dividend adjustments in Maxis and MISC and profit-taking in Tenaga Nasional and CIMB.

CPO Futures To Trade Sideways Amid Profit-taking Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 30 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade sideways with a slight bearish bias amid profit-taking activities next week, said palm oil trader David Ng.

Bursa Malaysia Ends Lower On Profit-taking Ahead Of Long Weekend

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia close lower today as investors locked in profits ahead of the long weekend and the release of US inflation data later tonight, said an analyst.