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FBM KLCI pares losses but still in red
KUALA LUMPUR: Bursa Malaysia has reversed some of its losses but remained in the red at closing, mirroring the performance on Key Asian markets.
Ringgit falls against demand for greenback
KUALA LUMPUR: The ringgit extended its downtrend against the US dollar on Friday morning, as the stronger greenback sentiment curbed risk appetite for the local currency, a dealer said.
Maybank, Public Bank and CIMB driving KLCI higher
KUALA LUMPUR: The FBM KLCI bounced back strongly today as bargain hunting for the stocks that fell in the past few trading sessions lifted the index in line with regional gains.
Ringgit stays flat amid lack of catalysts
KUALA LUMPUR: After closing marginally higher on Wednesday, the ringgit was traded almost unchanged against the US dollar on Thursday morning due to lack of market catalysts to drive the local currency further.
Ringgit rebounds on firmer oil prices
KUALA LUMPUR: The ringgit rebounded in early trade on Wednesday as risk appetite for the local currency improved, thanks to the firmer oil prices.
Commodities hit highest since 2013 amid inflation concern
NEW YORK: Commodities rose to their highest in almost eight years amid booming investor appetite for everything from oil to corn.
Ringgit opens flat as traders await new catalysts
KUALA LUMPUR: The ringgit opened almost unchanged against the US dollar on Tuesday morning, as mixed sentiment brought about by the COVID-19 vaccine, coupled with a weaker greenback, kept investors on a wait-and-see attitude for bigger market catalysts, dealers said.
Local bourse seen to end the year with a bang
PETALING JAYA: The FBM KLCI is expected to end the year on a high note, driven by a sharp recovery in corporate earnings and the higher participation of foreign investors.
Recovery in corporate earnings, cheap valuations could lure back foreign funds
PETALING JAYA: Foreign investors are expected to return to Bursa Malaysia this year due to a recovery in corporate earnings and attractive valuations.
World Bank: Malaysia GDP to recover in 2021 on effective vaccine deployment
KUALA LUMPUR: Malaysia’s economy is expected to return to positive growth this year, along with other economies globally on the sustained progress in the vaccine rollouts that will boost consumption worldwide, the World Bank Group said.
