Bursa Malaysia Ends Flat Amid Lack Of Fresh Leads

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia wrapped up the holiday-shortened trading week on a slightly weaker note on Friday, remaining below the 1,600 points psychological level amid a lack of fresh leads.

Pharmaniaga Acquires Penang Property For RM30 Mln

KUALA LUMPUR, Sept 19 (Bernama) -- Pharmaniaga Bhd's wholly-owned unit, Pharmaniaga Logistics Sdn Bhd has entered into a sale and purchase agreement (SPA) with N H Development Sdn Bhd to acquire a property in Seberang Perai Selatan, Penang for RM30 million.

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.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia failed to maintain the 1,600 level and ended the morning trading session lower, dragged down by persistent selling in most heavyweight counters.

Profit-taking On Wall Street Weighs On Bursa Malaysia

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking overnight Wall Street’s mixed close, where traders locked in profits after the United States (US) Federal Reserve’s (Fed) expected rate cut and outlook for more adjustments.

Bursa Malaysia Ends At Intraday High

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 17 (Bernama) -- Continued buying momentum in financial services heavyweights pushed Bursa Malaysia to close at its intraday high today, with the key index strengthening its position above the 1,600 psychological level.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia’s benchmark index was up 0.19 per cent at lunch break, with the broader market remaining positive, driven by anticipation of the United States (US) Federal Reserve’s (Fed) interest rate decision later today.

Bursa Malaysia Opens Higher Ahead Of US Interest Rates Decision

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia kicked off the week on a positive note, buoyed by growing expectations of interest rate cuts ahead of the highly anticipated United States (US) Federal Open Market Committee (FOMC) meeting later tonight.

Bursa Breaks 1,600 Level As Investors Position Ahead Of Long Weekend

By Harizah Hanim Mohamed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia hit the 1,600 level and closed at its intraday high, rising 1.1 per cent as investors anticipated the United States Federal Reserves to cut rates as soon as next week, making ringgit-denominated assets more attractive on a currency-adjusted basis.

Bursa Malaysia Stages Rebound, Key Index Adds 0.4 Pct At Midday

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia staged a rebound from yesterday’s loss and finished the morning session 0.4 per cent higher, tracking the performance of global stock markets.

Bursa Malaysia Rises After Pause, Fed Cut Eyed

KUALA LUMPUR, Sept 12 (Bernama) -- Bursa Malaysia opened higher on Friday after pausing the previous day, tracking global gains as investors grew more confident that the United States (US) Federal Reserve (Fed) will cut rates next week.

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.