Bursa Malaysia Opens Higher
KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia opened higher today, supported by improved investor sentiment, tracking Wall Street’s mostly positive performance last Friday.
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Ringgit Opens Flat Against Greenback As Traders Reassess US Rate Hike Prospects
KUALA LUMPUR, July 6 (Bernama) -- The ringgit opened mostly flat against the US dollar on Monday as traders reassessed the likelihood of a United States (US) interest rate hike following a weaker-than-expected US nonfarm payrolls (NFP) data.
Tomei Calls For Import Duty Waiver On Stamped Gold Bars
By Niam Seet Wei
KUALA LUMPUR, July 5 (Bernama) -- Tomei Consolidated Bhd hopes the government will exempt imported stamped gold bars from the 10 per cent import duty to keep gold investment affordable for ordinary Malaysians.
Gold Futures To Trade Range-bound With Upward Bias Next Week
By Abdul Hamid A Rahman
KUALA LUMPUR, July 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade range-bound with an upward bias next week.
Rebound In Banking Stocks Lifts Bursa Malaysia At Close
KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended Friday’s trade with a bounce on the back of a rally in banking stocks as investor sentiment improved following softer-than-expected US labour market data.
Bursa Malaysia Extends Midday Gains
KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia extended its gains at midday, tracking advances across regional markets as sustained buying interest in heavyweight counters continued to provide support.
Ringgit Opens Firmer As US Jobs Data Eases Rate Hike Expectations
KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened firmer against the US dollar on Friday after weaker-than-expected US jobs data for June reinforced expectations that the Federal Reserve (Fed) could adopt a more cautious approach to interest rates.
Ringgit Ends Lower As Fed Rate Hike Concerns Lift US Dollar
By Abdul Hamid A Rahman
KUALA LUMPUR, July 1 (Bernama) -- The ringgit ended lower against the US dollar today as expectations of a United States (US) Federal Reserve (Fed) rate hike continued to weigh on regional market sentiment.
Ringgit Opens Firmer Against Greenback As US Posts Weaker Consumer Confidence Data
KUALA LUMPUR, July 1 (Bernama) -- The ringgit was firmer against the US dollar in the early session, supported by weaker-than-expected US consumer confidence data that weighed on the greenback.
Ringgit To Trade Within RM4.09-RM4.11 Next Week Ahead Of Key Economic Data Releases
By Danni Haizal Danial Donald
KUALA LUMPUR, June 27 (Bernama) -- The ringgit is expected to trade within the RM4.09 to RM4.11 range next week as investors await key economic data releases.
Gold Futures Expected To Trade Range-bound With Upward Bias Next Week
By Danni Haizal Danial Donald
KUALA LUMPUR, June 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade range-bound with a slight upward bias next week ahead of key economic data releases.
Ringgit Rises Further Versus US Dollar, Major And Regional Currencies
By Danni Haizal Danial Donald
KUALA LUMPUR, June 26 (Bernama) -- The ringgit has continued to strengthen against the US dollar, other major currencies and ASEAN peers on Friday, shrugging off the impact of stronger-than-expected United States (US) economic data.