Bursa Malaysia Opens Lower, Tracking Weak Wall Street Close
KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking the weak performance on Wall Street last Friday.
KUALA LUMPUR, Oct 13 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking the weak performance on Wall Street last Friday.
KUALA LUMPUR, Oct 8 (Bernama) -- Rubber glove stocks rose in early trade on Wednesday, driven by a positive sector outlook, Kenanga Investment Bank Bhd said, amid ongoing US-China geopolitical tensions.
KUALA LUMPUR, Aug 1 (Bernama) -- Glove makers and electronic manufacturing services (EMS) companies’ share prices rose at mid-morning following the lower United States (US) rate announced by Washington earlier today.
KUALA LUMPUR, July 16 (Bernama) -- RHB Investment Bank Bhd (RHB IB) expects the rubber products sector to remain bleak due to an unfavourable operating environment driven by a longer-than-expected period of inventory consolidation.
KUALA LUMPUR, May 28 (Bernama) -- Care Latex Sdn Bhd has partnered with Kossan Holdings (M) Sdn Bhd, the investment arm of one of the world’s largest manufacturers of gloves and rubber products, to expand in the global wellness market.
By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
KUALA LUMPUR, April 3 (Bernama) -- Malaysian glove makers are among the top gainers today as the American tariff differential widens between Malaysia and China exports to the United States (US), which stands at 24 per cent and at least 54 per cent, respectively.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Feb 19 (Bernama) -- Bursa Malaysia pulled back from yesterday’s modest gains to close slightly lower on Wednesday, with weakness observed in more than half of the key index components, as investor sentiment remained uncertain ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
KUALA LUMPUR, Feb 15 (Bernama) -- Bursa Malaysia is expected to remain in a consolidation phase next week until greater clarity on the US trade policy emerges.
KUALA LUMPUR, Nov 18 (Bernama) -- Kossan Rubber Industries Bhd’s shares on Bursa Malaysia rose in early trade after the company announced an interim and special dividend, despite weaker results for the third quarter ended Sept 30, 2024 (3Q 2024).
KUALA LUMPUR, Oct 7 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) expects Kossan Rubber Industries Bhd (KRI) to deliver a rather flattish third quarter for the financial year 2024 (3Q FY2024), due to domestic competition and stronger sequential earnings from 4Q FY2024 onwards.
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.