Kenanga IB Foresees FBM KLCI To Hit 1,840 Mark This Year

KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year. 

Ringgit Opens Little Changed Against US Dollar On Mixed Global Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 9 (Bernama) -- The ringgit opened nearly unchanged against the US dollar on Monday, as mixed global sentiment capped gains while investors assessed political developments and major currency moves.

Ringgit To Trade In Tight Range Between RM3.95 And RM3.96 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit is expected to trade in a tight range, hovering around RM3.95 to RM3.96 next week as the market anticipates more catalysts, including the upcoming US economic data.

Gold Futures Likely To Trade Between US$4,800 And US$4,900 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade at US$4,800-US$4,900 an ounce next week, an economist said.

Ringgit Ends Flat Against US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit traded flat against the US dollar at Friday’s close, pressured by profit-taking as traders locked in gains accumulated earlier.

Rubber Market Ends Higher, Tracking Gains In Crude Oil Prices

KUALA LUMPUR, Feb 6 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by gains in crude oil prices, a dealer said.

Ringgit Opens Lower As Easing Risks Lift US Dollar

KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened lower against the US dollar on Friday, pressured by external spillovers as receding near-term geopolitical tensions lent support to the greenback.

Gold Futures Ends Lower, Tracking Losses In US Comex

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday tracking losses in the US COMEX gold market.

Ringgit Eases Vs US Dollar, Mixed Against Other Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close, weighed by renewed strength in the greenback as global markets shifted to a more defensive stance.

Ringgit Rises On US Dollar Consolidation, Oil Spike

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit rose against the US dollar and major currencies on Thursday, supported by domestic strength and a rebound in oil prices, as the greenback consolidated after mixed US economic data.

Ringgit Eases Vs US Dollar, Up Against ASEAN Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 4 (Bernama) -- The ringgit eased against the US dollar at the close on Wednesday, but remained steady, supported by improving business indicators across Asia, including Malaysia.

Gold Futures End Higher On Bargain Hunting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking gains in US COMEX gold futures as bargain hunting emerged following last week’s sharp sell-off from record highs, said an economist.