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KUALA LUMPUR, March 17 (Bernama) -- Foreign investors maintained a bearish stance on Asian equities, continuing to net sell for the third consecutive week, with a significant outflow totaling US$6.73 billion (US$1=RM4.43), except for the Philippines, while local investors helped Bursa Malaysia to cushion the impact of the broader market outflows.
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KUALA LUMPUR, March 17 (Bernama) -- An analyst has viewed Tenaga Nasional Bhd (TNB) as a relative safe haven given its earnings resilience and undemanding valuation, amid the prevailing market volatility.
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KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher today after the United States (US) averted government shutdown, suggesting improved risk appetite sentiment, leading to a weaker US dollar.
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By Siti Noor Afera Abu
KUALA LUMPUR, March 15 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range next week as market participants adopt a cautious stance without resorting to immediate knee-jerk reactions, which should help limit short-term volatility.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 15 (Bernama) -- The Malaysian rubber market is expected to trade within a narrow range next week, with potential volatility due to global economic and weather-related factors, said industry expert Denis Low.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended strongly on Friday, closely tracking the global gold market’s rally as prices soared to a new all-time high of US$2,990,21 an ounce, said an analyst.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 14 (Bernama) -- The ringgit ended lower against the US dollar on Friday, as trade war uncertainties weighed on market sentiment, said an analyst.
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KUALA LUMPUR, March 14 (Bernama) -- There is a potential reduction of global trade volume by 7 to 10 per cent in the medium to long term, marking a substantial decline if United States President Donald Trump's proposed tariffs are enacted.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Thursday as gold prices pushed higher due to trade war concerns ramping up ahead of the United States reciprocal tariff deadline in early April, said an analyst.
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KUALA LUMPUR, March 13 (Bernama) — InvestKL Corporation secured RM4.08 billion in foreign direct investments in 2024 from 12 leading global companies, said its chief executive officer Datuk Muhammad Azmi Zulkifli.
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By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.
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By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, March 13 (Bernama) -- The Malaysian rubber market ended lower today, dragged down by weaker advice from regional rubber markets and declining oil prices, said a dealer.