Tag: Finance
Bursa Malaysia snaps losing streak, ringgit weakens to 4.5028
Bursa Malaysia concluded Wednesday's trading session with a slight upward movement, gaining 3.08 points to close at 1,491.35. The local market saw mixed performance with more losing stocks than gainers, while the Malaysian ringgit weakened to its lowest point against the US dollar since 1998, trading at 4.5028.
Maybank to facilitate the trading of shariah-compliant securities on Bursa under the ISSBNT framework
Maybank Investment Bank becomes a key user and supplier in Bursa Malaysia's Islamic Securities Selling and Buying Negotiated Transaction framework, enabling Shariah-compliant trading and risk management for market participants.
Asian stock markets mixed ahead of latest US jobs reading
Asian stock markets show mixed performance as investors await crucial US employment data. Shanghai and Seoul advanced, while Tokyo and Hong Kong retreated. The August jobs report may influence Federal Reserve's strategy on interest rates and inflation management.[100 words]
