KUALA LUMPUR, Dec 28 — The prospect of a stronger gross domestic product (GDP) growth, together with a firmer ringgit and more foreign investments coming into Malaysia, will likely push the FTSE Bursa Malaysia KLCI (FBM KLCI) to the 1,700 level next year.

KUALA LUMPUR, Dec 7 — The ringgit is expected to recover and appreciate to 4.20 against the US dollar by the end of 2024, given the high likelihood that the United States Federal Reserve (Fed) has ended its tightening cycle, said MIDF Research.

KUALA LUMPUR, Nov 5 — Stock market investors will be watching out for some local economic data to be released in the coming week, including the Service Producer Index for the third quarter of 2023 and Industrial Production Index for September, according to an analyst.

KUALA LUMPUR, Oct 28 — The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to trend higher towards the 1,450 level next week on the back of higher Malaysian producer price index (PPI) data in September.

KUALA LUMPUR, Aug 7 — Bursa Malaysia shook off early losses to close mixed today, with the benchmark index ending little changed on cautious market sentiment as key economic data from the United States and China due later this week weighed on investors’ risk appetite.

KUALA LUMPUR, Aug 3 — Bursa Malaysia closed lower for the third consecutive day, in tandem with the regional selldown following a negative cue from global equities overnight.

KUALA LUMPUR, May 17 — Bursa Malaysia extended earlier gains to mid-afternoon, with the key index remaining in the positive territory, thanks to buying support in selected heavyweights led by Sime Darby Plantation.

KUALA LUMPUR, March 14 — Bursa Malaysia remained lower at mid-morning, dampened by continuous selling in heavyweight stocks led by financial services as well as industrial products and services, a dealer said.

KUALA LUMPUR, March 14 — Bursa Malaysia opened lower on Tuesday, tracking Wall Street's choppy session as the United States (US) banking sector came under scrutiny following the collapse of Silicon Valley Bank and Signature Bank, said an analyst.

KUALA LUMPUR, March 11 — The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to continue tracking the movement of the underlying cash market next week.

KUALA LUMPUR, March 11 — Bursa Malaysia is likely to see cautious trading next week with investors’ attention focused on US inflation data scheduled for March 14.

KUALA LUMPUR, March 10 — Bursa Malaysia ended at its intraday low today in tandem with the heavy selldown in most regional and global bourses.

KUALA LUMPUR, March 9 — Bursa Malaysia closed on a softer note despite Bank Negara Malaysia’s decision to retain the overnight policy rate (OPR) as investors remained wary of interest rate hike in the United States and risk of recession on a global scale.

KUALA LUMPUR, March 6 — Bursa Malaysia bucked the regional trend to end slightly lower, dragged down by last minute selling of selected heavyweight stocks.

KUALA LUMPUR, March 6 — Bursa Malaysia ended the morning trading session higher on continuous buying support, led by plantation and energy counters.

KUALA LUMPUR, March 3 — Bursa Malaysia’s main index retreated in early trade today as investors took profit in heavyweights after yesterday’s gains.

KUALA LUMPUR, Feb 28 — Bursa Malaysia was lower at midmorning as investors traded cautiously ahead of US key prints tonight to further gauge the Federal Reserve tone in terms of interest rate direction.

KUALA LUMPUR, Feb 21 — Bursa Malaysia opened almost flat on Tuesday amidst cautious sentiments ahead of the re-tabling of Budget 2023 this Friday.

KUALA LUMPUR, Feb 20 — The Malaysian bourse may attract more trading interest ahead of the announcement of Budget 2023 scheduled for February 24, according to Kenanga Research today.

KUALA LUMPUR, Feb 20 — Trading on Bursa Malaysia was cautious at the opening on Monday, taking the cue from a mixed Wall Street performance last Friday (February 17).