Bursa Malaysia Opens Lower Amid Mixed Wall Street
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by mild profit-taking and mixed signals from Wall Street overnight.
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By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by mild profit-taking and mixed signals from Wall Street overnight.
KUALA LUMPUR, Feb 4 (Bernama) — The government will review the importation of completely built-up (CBU) electric vehicles (EVs) to ensure only quality models enter the local market to protect the country’s automotive ecosystem.
KUALA LUMPUR, Feb 4 (Bernama) -- The Kuala Lumpur rubber market ended higher, supported by gains in regional rubber futures amid concerns over lower production in major natural rubber-producing countries, a dealer said.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concern over the stronger ringgit against the US dollar, which will affect the demand for the commodity in the near term, a trader said.
KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking Wall Street’s overnight gains as bargain-hunting activities emerged following the previous week’s sharp selloff.
SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.
KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday as market sentiment improved after the exchange clarified that Morgan Stanley Capital International’s (MSCI) recent action was specific to Indonesia, with no similar concerns expected for Malaysia.
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia Bhd’s disclosure and transparency standards remain strong, and the initial public offerings (IPOs) with a free float below 25 per cent have not raised material concerns for Morgan Stanley Capital International (MSCI), said chief executive officer Datuk Fad’l Mohamed.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Jan 29 (Bernama) -- Great Wall Motor (GWM) Malaysia has strengthened its long-term commitment to the country’s automotive industry with the launch of its latest model, the locally assembled (CKD) WEY G9 Hi4 PHEV (WEY G9), aimed at supporting technology transfer within the new energy vehicle segment.
By K. Naveen Prabu
KUALA LUMPUR, Jan 29 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by an uptrend in the regional rubber futures market, said a dealer.
By K. Naveen Prabu
KUALA LUMPUR, Jan 28 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by greater expectation of supply tightness, said a dealer.
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.