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Bursa Malaysia opens lower on profit-taking

Bursa Malaysia opens lower on profit-taking
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Bursa Malaysia drifts lower on negative Wall Street performance

Bursa Malaysia drifts lower on negative Wall Street performance
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All eyes on the oil price

PETALING JAYA: With the oil and gas (O&G) counters on Bursa Malaysia witnessing share price increases over the past week, in tandem with the elevated oil prices since the beginning of February, analysts are cautiously optimistic and bracing in hope that the commodity does not breach US$90 a barrel.

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Maybank IB: Red Sea crisis has minimal impact on Malaysia s shipping, ports

Maybank IB: Red Sea crisis has minimal impact on Malaysia s shipping, ports
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Red Sea crisis has minimal impact on local shipping, ports

PETALING JAYA: The impact of the Red Sea crisis on Malaysia’s shipping and ports is minimal compared to that on European countries, which depend heavily on Asian exports, thus they need to bear the brunt of higher shipping costs, said Maybank Investment Bank (Maybank IB).

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