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.

25 Jul

Bursa opens lower on profit-taking

KUALA LUMPUR (July 25): Bursa Malaysia erased gains made last Friday (July 22) to open lower on Monday on profit-taking following the overnight pullback on Wall Street, an analyst said.
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22 Jul

Oil prices steady after sharp declines on weak US demand

MELBOURNE (July 22): Oil prices were roughly unchanged in early trading on Friday after sliding around 3% in the previous session on weakened demand in the United States, the world's top oil consumer, and a pick-up in supply from Libya.
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22 Jul

Ringgit stronger against greenback on lower US bond yield

KUALA LUMPUR (July 22): The ringgit strengthened against the US dollar at the opening on Friday (July 22) as demand for the greenback diminished due to rising US jobless claims, weaker housing sales and slightly lower US bond yields, which ultimately favoured the ringgit.
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22 Jul

Bursa continues its uptrend in early trade

KUALA LUMPUR (July 22): Bursa Malaysia has maintained its uptrend on Friday (July 22) morning, taking its cue from Wall Street’s ongoing rally following the strong US corporate earnings, said an analyst.
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21 Jul

ADB lowers growth forecast for Malaysia to 5.8% for 2022 and 5.1% for 2023

KUALA LUMPUR (July 21): The Asian Development Bank (ADB) lowered its economic growth forecast for Malaysia to 5.8% for 2022 and 5.1% for 2023.

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21 Jul

Bursa opens higher in early trade

KUALA LUMPUR (July 21): Bursa Malaysia extended its gains from Wednesday (July 20) to open on a positive note, supported by continuing buying interest, in line with the positive sentiments in the regional markets, a dealer said.
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21 Jul

Ringgit opens weaker against US dollar

KUALA LUMPUR (July 21): The ringgit extended its decline and opened easier on Thursday (July 21) as the uncertain global markets weighed on investors' risk appetite for risky assets, said a dealer.
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20 Jul

Hibiscus active, rises 3.6% on pledge to resolve sales tax issues with Sabah

KUALA LUMPUR (July 20): Shares in Hibiscus Petroleum Bhd rose 3.57% in active trade after the company said it is committed to resolving the state sales tax issues with the Sabah authorities in an amicable and collaborative manner, and will ensure minimal disruptions to its operations in the state.
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20 Jul

Bursa opens higher on better sentiment

KUALA LUMPUR (July 20): Bursa Malaysia rebounded from Tuesday's (July 19) losses to open higher in early trade on Wednesday, driven by improved market sentiment and tracking the sharp rally on Wall Street overnight which was buoyed by strong corporate earnings, dealers said.
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