Bursa Malaysia Retreats After Opening Higher In Early Trade

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight.

Gold Futures Climb as Fed Rate Hike Expectations Ease

KUALA LUMPUR, Aug 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher as reduced expectations of a US Federal Reserve (Fed) rate hike boosted demand for the precious metal.

Ringgit Expected To Stabilise By End-August – Kenanga IB

KUALA LUMPUR, Aug 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the ringgit to stabilise by end-August as the US dollar gives back some of its earlier gains following the US Federal Reserve’s (Fed) decision to keep interest rates unchanged at its July meeting.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia opened higher on Monday, taking cues from gains on Wall Street on Friday.

Ringgit To Remain Range-bound At 4.07-4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week, trading between RM4.07 and RM4.09 as investors stay cautious over the direction of the United States interest rates, an analyst said.

Bursa Malaysia Seen Trading With An Upward Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia is expected to trade with an upward bias as investors continue to assess external geopolitical developments and resilient domestic economic conditions, said an analyst. 

Ringgit Eases Against US Dollar As Investors Await Key Us Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit ended the week marginally lower against the US dollar as investors remained cautious ahead of the release of key United States (US) labour market data, while expectations over the US Federal Reserve's (Fed) interest rate path continued to support the greenback, analysts said.

Gold Futures Extend Gains On Weaker US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains today, building on the previous session's sharp rally as the weaker US dollar continued to underpin demand for the precious metal.

Ringgit Ends Higher Against US Dollar Ahead Of US Jobs Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit closed higher against the US dollar today, although gains were capped by a broadly firmer greenback as investors remained cautious ahead of the release of the closely watched United States (US) non-farm payrolls (NFP) report tomorrow, an analyst said.

Bursa Malaysia Ends Lower On Profit-taking

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst. 

Ringgit Opens Slightly Higher As Soft US Data Weighs On Greenback

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 6 (Bernama) -- The ringgit opened slightly higher against the US dollar on Thursday, supported by improved market sentiment after weaker-than-expected United States (US) economic data weighed on the greenback.

Ringgit Closes Slightly Higher Against US Dollar Ahead Of Key US Data Releases

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 5 (Bernama) -- The ringgit closed marginally higher against the US dollar today despite investors' cautious stance ahead of key US economic data, including this week's non-farm payrolls (NFP) report which could offer further clues on the US Federal Reserve's (Fed) monetary policy path, an analyst said.