• Markets  |  OCTOBER 13, 2015 5:59PM

    KL shares end slightly higher

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    Bursa Malaysia ended higher today with mild foreign buying interest in selected heavyweights, dealers said. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 1.28 points to 1,711.14 after moving between 1,705.3 and 1,716.75 throughout the day. A …

  • Featured and Exclusive, Markets  |  OCTOBER 13, 2015 5:53PM

    Ringgit drops 1% to 4.177 against US dollar

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    The ringgit closed 1% lower to the US dollar today following another fall in global crude oil prices. At 5pm, the ringgit was quoted at 4.1770/1860 against the greenback from 4.1360/1450 yesterday. A trader said a drop in global benchmark Brent crude …

  • Finance, Markets  |  OCTOBER 13, 2015 5:11PM

    Ringgit to trade lower against US$ if yuan devalued again

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    The ringgit is likely to trade between RM4.45 and RM4.50 against the US dollar by year-end if China were to devalue its currency again.

  • Markets  |  OCTOBER 13, 2015 3:36PM

    KL shares rangebound at mid-afternoon

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    Shares on Bursa Malaysia turned rangebound at mid afternoon-today on profit-taking consolidation in bluechips , dealers said. At 3 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.02 point higher at 1,709.88. A dealer said bluechips fell into the profit-taking consolidation with …

  • Markets, World Biz  |  OCTOBER 13, 2015 2:42PM

    Indonesia stocks drop the most in Asia

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    Indonesian stocks dropped, with the benchmark index heading for the steepest retreat in seven weeks, as banking shares fell following a plan by regulators to impose capital surcharges on major lenders. The rupiah slid the most in two months. The …

  • Markets  |  OCTOBER 13, 2015 1:22PM

    KL shares higher at noon

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    Bursa Malaysia ended the morning session higher today, lifted by continuous buying activities in heavyweights and  bettering regional peers’ downward stock performances. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.12 points or 0.66% better at 1,710.98, after moving …

  • Markets, Singapore  |  OCTOBER 13, 2015 1:10PM

    Fullerton Healthcare said to plan RM1.24 bil IPO in S’pore

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    Fullerton Healthcare Corp, a provider of medical services to corporate workers in Asia, is planning an initial public offering in Singapore, people with knowledge of the matter said. The Singapore-based company is working with JPMorgan Chase & Co, Morgan Stanley and UBS …

  • Markets  |  OCTOBER 13, 2015 11:50AM

    KL shares remain higher at mid-morning

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    The FTSE Bursa Malaysia KLCI (FBM KLCI) remained higher at mid-morning today, lifted by gains in finance counters, dealers said. At 11.01 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.47 points higher at 1,713.33. Among the finance heavyweights, Maybank gained …

  • Finance, Markets  |  OCTOBER 13, 2015 10:37AM

    Ringgit opens lower against the US dollar

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    The ringgit opened lower against  against the US dollar today on further profit taking after last week’s rally, said a dealer. At 9.20 am, the local unit was quoted at 4.1780/1850 against the dollar  from yesterday’s close of 4.1360/1450. The dealer …

  • Markets  |  OCTOBER 13, 2015 10:27AM

    KL shares higher at opening

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    The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher today, in tandem with the positive overnight performance of Wall Street. At 9.15 am, the FBM KLCI was 4.62 points higher at 1,714.48 after opening 0.64 point higher at 1,710.5. A dealer said …