Market News & Events

 

Market News & Events

We will update you with the latest information on events or seminars organised by us, Bursa and other related organizer that will benefit you.

05 Aug

Asian stocks hold gains, dollar strong on Fed official's comments

HONG KONG (Aug 5): Asian shares mostly held onto this week's gains on Thursday, despite hawkish remarks from a senior official at the U.S. Federal Reserve that boosted the dollar while weighing on risk appetite.
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05 Aug

Bursa Malaysia ends morning session higher

KUALA LUMPUR (Aug 5): Bursa Malaysia ended the morning trading session higher as its key index remained in the positive territory due to continuous buying support among the heavyweights and small-capitalisation stocks.
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16 Jul

Ringgit opens firmer against the greenback

KUALA LUMPUR (July 16): The ringgit opened firmer against the greenback today as US stocks tumbled after Federal Reserve chairman Jerome Powell’s dovish testimony failed to provide any fresh catalysts to buy risky assets, an analyst said.

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16 Jul

Glove shares fall after opening up as record high Covid-19 numbers drive sentiment

KUALA LUMPUR (July 16): Share prices of rubber glove manufacturers Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd erased gains after opening higher today on profit taking as investors continue to weigh Malaysia’s record high daily number of new Covid-19 cases.
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16 Jul

Oil prices sink again, as investors look out for more supply

NEW YORK (July 16): Oil prices fell by more than $1 a barrel on Thursday on expectations of more crude hitting the market after a compromise deal between leading OPEC producers and a surprisingly poor weekly reading on U.S. fuel demand.
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13 Jul

Oil prices slip as economic fears offset tightening crude supplies

NEW YORK (July 13): Oil slumped on Monday over concerns about spreading COVID-19 variants derailing the global economic recovery that has brought fuel demand to near pre-pandemic levels, while tight crude supplies kept prices from falling lower.
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13 Jul

Tesla lifts Wall Street to close at record highs

(July 13): Wall Street's main indexes closed at their highest levels ever on Monday, lifted by Tesla and bank stocks as investors eyed the start of the second-quarter earnings season and a batch of economic data.
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08 Jul

Ringgit opens lower by 95bps against US dollar

KUALA LUMPUR (July 8): The ringgit opened weaker against the US dollar today as market participants took note of the political and Covid-19 situation in Malaysia, a dealer said. 
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08 Jul

S&P 500, Nasdaq post record closing highs after Fed minutes

U.S. stocks ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after minutes from the last Federal Reserve meeting indicated officials may not be ready yet to move on tightening policy.
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