Day: September 11, 2024

KUALA LUMPUR, Bursa Malaysia finished 1.24 per cent lower today, mirroring the heavy selling pressure that prevailed throughout the region amid concerns over the US Federal Reserve’s (Fed) delayed monetary policy easing. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) lost 20.55 points to 1,639.80 from yesterday’s close of 1,660.35. The benchmark index, which opened 6.78 points weaker at 1,653.57, moved between 1,638.90 and 1,654.38 throughout the day. Market breadth was negative with losers outpacing gainers 825 to 283, while 432 counters were unchanged, 926 untraded and six suspended. Turnover fell to 2.96 billion units worth RM3.33 billion

KUALA PERLIS, About 10,000 visitors are expected to attend the Kuala Perlis Water Festival from tomorrow until Sunday (Sept 15) after it was last organised in 2019 before being halted due to the COVID-19 pandemic. State Secretary Datuk Che Murad Sayang Ramjan believes that the presence of visitors to Perlis in conjunction with the school holidays will also reinvigorate the Visit Perlis Year 2024-2025. He said some notable events at the water festival include the rowing competition, involving 14 village teams from around Kuala Perlis and two invitational sides from Thailand, and a boat decoration competition. “Several years ago, we

SEREMBAN, The Narcotics Criminal Investigation Department of the Negeri Sembilan police contingent headquarters has auctioned off items seized during drug busts and investigations in the state with proceeds exceeding RM99,000. Negeri Sembilan police chief Datuk Ahmad Dzaffar Mohd Yussof said the assets that were disposed of had been ordered to be forfeited to the Malaysian government following court proceedings. ‘The auction involved 50 pieces of jewellery in various forms, four wristwatches, and seven vehicles with a reserve value of RM57,175. The Royal Malaysia Police (PDRM) obtained RM99,981.50 from this auction, and the proceeds were handed over to the government. ‘This

KUALA LUMPUR, Police have arrested a former research assistant of a politician after finding two fake pistols and a ganja slab in the car he was travelling in when it was stopped for inspection at Jalan Bukit Kiara here last Friday. City Police chief Datuk Rusdi Mohd Isa confirmed the arrest, saying that further investigation into the case was being done in accordance with Section 36 of the Firearms Act 1960 and Section 39B of the Dangerous Drugs Act 1952. ‘He has also been remanded for six days and is expected to be charged in court tomorrow,’ Rusdi said in

KUALA LUMPUR, The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the movement of the underlying cash market. Spot month September 2024 and December 2024 fell 12.0 points each to 1,631.0 and 1,639.0, respectively, October 2024 dropped 10.0 to 1,636.0, while March 2025 reduced 10.5 points to 1,626.5 Turnover widened to 8,330 lots from 6,394 lots yesterday, while open interest increased to 54,133 contracts from 52,312 contracts previously. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 20.55 points to 1,639.80 from yesterday’s close of 1,660.35. Source: BERNAMA News Agency