Stock Market & Investment News
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BNM keeps OPR pat at 1.75%; economists expect rate to stay through 2021
KUALA LUMPUR (May 7): Bank Negara Malaysia kept the overnight policy rate (OPR) pat at its historic low of 1.75% after its Monetary Policy Committee…
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KLCI up marginally in early trade, tracking regional market gains
KUALA LUMPUR (May 7): The FBM KLCI was up marginally by 0.06% in early trade, tracking muted gains of its Asian peers. The benchmark index was up…
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Dow ends at record high after upbeat jobless claims report
BENGALURU/NEW YORK (May 6): The Dow Jones Industrial Average closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while vaccine…
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BNM's OPR decision keeps ringgit higher against US dollar at opening
KUALA LUMPUR (May 7): The ringgit opened slightly higher against the US dollar today after Bank Negara Malaysia (BNM) maintained its interest rate at 1.75%, signalling that…
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Glove makers rebound, among top gainers
KUALA LUMPUR (May 7): Rubber glove manufacturers staged a rebound this morning, after sinking into the red, following comments made by one of the big four…
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Petronas exits Bertam field project after giving 25% stake to IPC free of charge
KUALA LUMPUR (May 7): National oil company Petroliam Nasional Bhd (Petronas) has exited the Bertam field project after offering its 25% stake in the project free…
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Widetech shares hit limit up and all-time high of RM2.15, emerging as top gainer
KUALA LUMPUR (May 7): Widetech (Malaysia) Bhd, whose shares hit limit up in active trade in the morning session, has emerged as the top gainer on…