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Bursa Malaysia opened higher, buoyed by overnight gains on Wall Street, but surrendered early advances as investors book...
03/10/2025

Bursa Malaysia opened higher, buoyed by overnight gains on Wall Street, but surrendered early advances as investors booked mild profits in selected blue chips and smaller-cap stocks, an analyst said.
At 9.30am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.94 points to 1,634.86, down from Thursday’s close of 1,637.80, after opening 20.93 points higher at 1,658.73.

Market breadth was slightly negative, with decliners outnumbering gainers 297 to 265. Meanwhile, 388 counters remained unchanged, 1,624 were untraded, and 17 were suspended.

Bursa Malaysia extended its uptrend to open higher on Thursday, tracking gains on Wall Street, as traders largely shrugg...
02/10/2025

Bursa Malaysia extended its uptrend to open higher on Thursday, tracking gains on Wall Street, as traders largely shrugged off the US government shutdown, hoping it would be short-lived, an analyst said.
At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.65 points to 1,626.52 from Wednesday’s close of 1,620.87, after opening 0.81 of-a-point higher at 1,621.68.

Market breadth was positive, with gainers outnumbering losers 298 to 102. Meanwhile, 288 counters were unchanged, 1,885 untraded, and 16 suspended.

The ringgit extended gains against the US dollar on Wednesday, opening higher as concerns over a potential United States...
01/10/2025

The ringgit extended gains against the US dollar on Wednesday, opening higher as concerns over a potential United States government shutdown weighed on the greenback.
At 8.02am, the local note stood at 4.1980/4.2190 against the US dollar, up from Tuesday’s close of 4.2050/4.2090.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said persistent worries over a US shutdown were likely to support the ringgit, while expectations of lower US interest rates could further weaken the dollar.

Bursa Malaysia opened higher on mild bargain-hunting while tracking the positive sentiment from the overnight Wall Stree...
30/09/2025

Bursa Malaysia opened higher on mild bargain-hunting while tracking the positive sentiment from the overnight Wall Street, said an analyst.
At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 0.54 of-a-point to 1,611.49, from Monday’s close of 1,610.95.

The benchmark index was 0.87 of-a-point higher at 1,611.82 at the opening.

Bursa Malaysia opened higher on Monday tracking Wall Street which closed broadly higher last week, said an analyst.At 9....
29/09/2025

Bursa Malaysia opened higher on Monday tracking Wall Street which closed broadly higher last week, said an analyst.
At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) ticked up 2.56 points to 1,611.61, from last Friday’s close of 1,609.50.

The benchmark index was 0.70 of-a-point higher at 1,609.75 at the opening.

The ringgit opened firmer against the US dollar and most major currencies on Thursday, tracking expectations of US inter...
11/09/2025

The ringgit opened firmer against the US dollar and most major currencies on Thursday, tracking expectations of US interest rate cuts after softer economic data.
At 8am, the local unit stood at 4.2085/4.2300 against the greenback, up from Wednesday’s close of 4.2185/4.2220.

Bank Muamalat Malaysia Bhd, chief economist Afzanizam Rashid said the US Producer Price Index (PPI) eased to 2.6% in August, below market forecasts of 3.3%, strengthening the case for a Federal Reserve (Fed) rate cut next week.

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