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  • Featured and Exclusive, Markets  |  JANUARY 29, 2016 9:45AM

    KL shares end higher; CI climbs 2.04%

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    Bursa Malaysia extended its gains for the fifth day today as players continued to react positively to the recalibrated Budget 2016, dealers said. The benchmark FTSE Bursa Malaysia KLCI surged 33.27 points, or 2.04%, to 1,667.80 from Thursday’s 1,634.53, after opening …

     
  • Markets  |  JANUARY 29, 2016 9:40AM

    Ringgit rises to 4.15 against US$, 2.9143 against S$

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    The ringgit closed higher against the US dollar today to hit a three-and-a-half-month high as global crude oil price extended its gains, dealers said. At 5pm, the local unit was traded at 4.1500/1600 from 4.2040/2100 against the greenback on Thursday. A dealer said …

     
  • Markets  |  JANUARY 29, 2016 9:07AM

    Bursa closed on Monday

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    Malaysia’s stock market will be closed on Feb 1 to mark Federal Territory Day. The market will reopen on Tuesday, Feb 2.

     
  • Featured and Exclusive, Markets  |  JANUARY 29, 2016 8:34AM

    Ringgit hits 3-1/2-month high on oil, BOJ

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    The Malaysian ringgit jumped 2% on Friday to hit a three-and-a-half-month high as crude prices extended gains, easing concerns over the country’s falling oil and gas prices. The currency also found support as the Bank of Japan unexpectedly cut a benchmark interest …

     
  • Markets  |  JANUARY 29, 2016 7:56AM

    KL shares bullish at mid-afternoon

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    Bursa Malaysia was higher at mid-afternoon today with more buyers wading into the rebounded market. At 3.30pm, the benchmark FTSE Bursa Malaysia KLCI advanced 19.8 points to 1,654.33 from Thursday’s 1,634.53 after opening 0.81 point higher at 1,635.34. The key benchmark index, …

     
  • Markets  |  JANUARY 29, 2016 5:08AM

    Bursa reacts positively to recalibrated Budget

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    Investors started wading into selective value-buy Bursa Malaysia counters in the plantations, consumer, construction and oil and gas sectors, following positive reaction to the recalibrated 2016 Budget. Plantation stalwart Sime Darby extended its gains, rising 29 sen to RM7.90 and contributing a significant …

     
  • Markets  |  JANUARY 29, 2016 3:50AM

    KL shares on a firm note at mid-morning

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    Share prices on Bursa Malaysia were on a firm note at mid-morning today as buyers started wading into the market. At 11 am, the benchmark FTSE Bursa Malaysia KLCI was 11.43 points better at 1,645.96, from Thursday’s 1,634.53. The key index opened …

     
  • Finance, Markets  |  JANUARY 29, 2016 2:37AM

    Ringgit opens higher against US dollar

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    The ringgit extended its gains to open higher against the US dollar on continued buying momentum following positive reaction by investors to the recalibrated 2016 Budget, dealers said. At 9 am, the local unit was traded at 4.1650/1750 from 4.2040/2100 against the greenback …

     
  • Markets  |  JANUARY 29, 2016 2:22AM

    KL shares open mixed in early

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged down this morning on selective trading as traders remained on the sidelines. At 9.30 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.43 point easier at 1,634.10, from Thursday’s 1,634.53. The key …

     
  • Markets  |  JANUARY 28, 2016 10:03AM

    KL shares end higher on revised Budget

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    Bursa Malaysia extended its gains for the fourth trading day today as players reacted positively to the recalibrated Budget 2016. The FBM KLCI rose 2.99 points to finish at 1,634.53 versus Wednesday’s close of 1,631.54, after opening 0.06 point lower at 1,631.48 …

     
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