1y ago
KUALA LUMPUR, Oct 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed marginally lower amidst continued concerns over escalating geopolitical tensions, the United States (US) election uncertainties as well as the slower pace of US interest rate cuts, analysts said.
1y ago
By Rosemarie Khoo
KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit ended lower on Tuesday on the continued expectation of a slower pace of US interest rate cuts, China’s cooling economy and heightened geopolitical risks in the Middle East, said an analyst.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia ended in negative territory today as it continued its consolidation phase due to a lack of buying catalysts, said an analyst.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia started on a positive note but later retreated as investors capitalised on profits following a mixed performance on Wall Street overnight, an analyst reported.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia moved in a tight range amid muted trading to close easier today, reflecting weak buying interest as investors paused to assess the details of Budget 2025, said an analyst.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The measures outlined in Budget 2025 aim to reshape the economy by fostering growth and attracting quality investments while balancing fiscal consolidation, "raising the ceiling" for economic growth, and "raising the floor" to elevate living standards, according to analysts.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- Budget 2025 announced on Friday (Oct 18) is very people-friendly and meets Prime Minister Datuk Seri Anwar Ibrahim's desire to tackle the issue of rising cost of living, said an analyst.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- CIMB Securities Sdn Bhd foresees minimal impact from the proposed hikes in minimum wages to RM1,700 and foreign worker levies on the local infrastructure supply chain.
1y ago
By Karina Imran
KUALA LUMPUR, Oct 21 (Bernama) -- Bursa Malaysia opened slightly higher in early trade but retreated thereafter due to mild profit-taking activities following significant gains from last week, said an analyst.
1y ago
KUALA LUMPUR, Oct 21 (Bernama) -- The ringgit traded higher against the US Dollar in today’s early session, extending positive momentum from last week, driven by continued buying interest towards the local currency, said an analyst.
1y ago
KUALA LUMPUR, Oct 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be bullish next week, driven by expectations of a prolonged low-interest rate environment globally, an analyst said.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week amid lower output growth and stronger export pace.