Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.
By Engku Shariful Azni Engku Ab Latif & Karina Imran
KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia ended marginally higher on Monday supported by late buying in selected large-cap stocks amid improving investor sentiment, despite lingering geopolitical uncertainties, an analyst said.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, supported by resilient corporate earnings, improving foreign fund inflows, and easing concerns over global trade.
KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve’s interest rate outlook.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a tight range of between US$4,050 and US$4,100 per troy ounce next week, with an upward bias.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade on an upward bias within a range between 1,710 and 1,740, said an analyst.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets.
By Zufazlin Baharuddin
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia's key index closed at an intraday high today, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's decision to stand pat on interest rates weighed on broader sentiment.
BATU GAJAH, July 30 (Bernama) -- South Korean semiconductor testing specialist, K-Test Co Ltd's US$50 million (US$1=RM4.08) investment is expected to strengthen Perak's electrical and electronics (E&E) ecosystem while catalysing the growth of the state's high-tech manufacturing sector.
By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 28 (Bernama) -- Bursa Malaysia closed marginally lower on Tuesday as investors turned cautious ahead of a busy week featuring the US Federal Reserve’s (Fed) policy meeting and earnings releases from major US technology companies.