FBM KLCI Futures Expected To Trade Higher Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade higher next week, according to an analyst.

Bursa Malaysia Expected To Rise Towards 1,590 Level Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 16 (Bernama) -- Bursa Malaysia is expected to rise next week towards the 1,590 resistance level, contingent on supportive global risk sentiment and incremental clarity over semiconductor tariff trajectories, said an analyst.

Gold Futures Likely To See Cautious Trading Next Week

KUALA LUMPUR, Aug 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to see cautious trading next week, influenced by external developments and US COMEX performance.

Ringgit Likely To Trade Around RM4.20–RM4.22 Next Week On Uncertainties Over Us Interest Rates

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 16 (Bernama) -- The ringgit is expected to hover between RM4.20 and RM4.22 next week as traders and investors remain cautious over the trajectory of US interest rates.

Ringgit Opens Lower Versus Greenback

Bursa Malaysia Stays Lower At Midday, In Sync With Weaker Regional

KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia stayed in the negative territory at midday, in tandem with the weaker regional market performance, weighed down by selling pressure in selected heavyweights. 

Ringgit Strengthens To 4.18 Vs US Dollar On Fed Rate Cut Hopes, Strong Domestic Fundamentals

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit strengthened to the 4.18 level versus the US dollar, marking its highest point in more than six weeks, buoyed by rising expectations of a United States (US) Federal Reserve (Fed) rate cut cycle and Malaysia’s resilient macroeconomic outlook.

Ringgit Opens Flat On Caution After Recent Gains

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened flat against the US dollar on Thursday as investors turned a bit cautious after recent gains, despite growing speculation for a US interest rate cut.

Ringgit Rises For Third Day On Softer US Dollar Following Lower-Than-Expected CPI Data

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 13 (Bernama) -- The ringgit extended its gains against the US dollar for the third straight day, as the greenback’s safe-haven status weakened following lower-than-expected US Consumer Price Index (CPI) data for July, which fuelled expectations of a September interest rate cut.

Ringgit Extends Gains Ahead Of US CPI Data Release

Ringgit Ends Higher On Hopes Of US Fed Rate Cut In September

By Siti Noor Afera Abu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit rebounded to close higher against the US dollar and other major currencies on market optimism that the US Federal Reserve will implement an interest rate cut at its September Federal Open Market Committee (FOMC) meeting.

Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.