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Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

Bursa Malaysia Week Ahead: FBM KLCI eyes 1,770 as earnings season tightens the focus

The FBM KLCI closed up 0.72 point at 1,752.83 on Friday, lifted late by Maybank and CIMB. January trade rose 12.6% year-on-year to RM272.37 billion, with exports up 19.6%. Analysts expect the index to test 1,770 next week but warn of profit-taking. The ringgit is seen holding between RM3.90 and RM3.93 against the dollar as markets await U.S. data.

Stock Market Today

  • U.S. Oil Producers Hold Back Despite High Prices Amid Market Mistrust
    April 26, 2026, 5:35 AM EDT. U.S. oil producers in the Permian Basin show reluctance to boost output despite crude prices nearing $100 a barrel. A Dallas Fed survey reveals 30% of executives expect no production increase this year, citing uncertainty and volatile price swings as key concerns. Compared to a 57% drop in Persian Gulf crude supply post-Iran war, U.S. producers remain cautious, reluctant to invest in new drilling. Price volatility, influenced by geopolitical risks and erratic market signals including President Trump's social media impact on energy prices, undermines confidence. Executives warn of potential market manipulation in paper oil markets, predicting worsening supply-demand imbalances and higher prices over the next year.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 26.04.2026

26 April 2026
LIVEMarkets rolling coverageStarted: April 26, 2026, 12:00 AM EDTUpdated: April 26, 2026, 5:38 AM EDT U.S. Oil Producers Hold Back Despite High Prices Amid Market Mistrust April 26, 2026, 5:35 AM EDT. **U.S. oil producers** in the Permian Basin show reluctance to boost output despite crude prices nearing $100 a barrel. A **Dallas Fed survey** reveals 30% of executives expect no production increase this year, citing **uncertainty** and volatile price swings as key concerns. Compared to a 57% drop in **Persian Gulf crude supply** post-Iran war, U.S. producers remain cautious, reluctant to invest in new drilling. Price volatility, influenced by
Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

26 April 2026
Lockheed Martin was named among firms awarded up to $3.2 billion for President Trump’s Golden Dome space-based missile interceptor plan, Space Systems Command said. The company reported weaker first-quarter results, with $18 billion in sales and negative free cash flow. Space Force aims to show initial interceptor capability in 2028. Golden Dome’s total cost is projected at $185 billion.
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