1y ago
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
1y ago
KUALA LUMPUR, Feb 5 (Bernama) -- Maybank Investment Bank (Maybank IB) has raised its total industry volume (TIV) forecast for this year by five per cent to 790,000 units, up from its previous estimate of 750,000 units.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia closed higher on Tuesday as bargain hunting continued in most index-linked counters, led by financial services, analysts said.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- The Kuala Lumpur rubber market turned mixed on Tuesday, influenced by weaker regional rubber futures market performance and declining benchmark crude oil prices, a dealer said.
1y ago
KUALA LUMPUR, Feb 4 (Bernama) -- Bursa Malaysia opened higher today as bargain hunting emerged amid news on delayed import tariffs hike proposed by the United States (US) on Mexico and Canada on Monday.
1y ago
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit weakened against the US dollar on Monday, primarily due to the latest tariff imposition by the United States on Canada, Mexico, and China, according to analysts.
1y ago
By Harizah Hanim Mohamed
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished easier on the first trading day of February as heightened risk aversion gripped the market following the United States (US) President Donald Trump’s administration's announcement of new tariffs.
1y ago
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia finished the morning session easier today, mirroring the global market performance following last Friday’s sell-off on Wall Street and the ongoing negative sentiment affecting United States (US) stock futures due to President Donald Trump’s tariff plans.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Feb 1 (Bernama) -- Bursa Malaysia is expected to see increased trading activity, driven by improved sentiment in regional and global markets as investors gear up for post-festive bargain hunting, said an analyst.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 1 (Bernama) -- Rubber market prices are expected to be trading at equilibrium next week, with supply and demand dynamics offsetting each other due to the incessant rains in rubber-producing countries and the long Chinese New Year (CNY) holidays, said industry expert Denis Low.
1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 31 (Bernama) -- The ringgit weakened against the US dollar today as market sentiment deteriorated following United States President Donald Trump's latest tariff announcements targeting China, Canada and Mexico.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Bursa Malaysia opened marginally higher but turned lower thereafter, weighed by cautious sentiment despite Wall Street’s positive overnight performance, an analyst said.