Ringgit Seen Up Against Greenback Next Week On Rising Odds For US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 6 (Bernama) -- The ringgit is expected to rise against the American dollar next week after the US nonfarm payrolls (NFP) data came in below expectations, boosting hopes for an interest rate cut in the United States later this month.

Bursa Malaysia Closes Marginally Lower

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia closed marginally lower today, ahead of the long weekend beginning with the Maulidur Rasul public holiday tomorrow.

BNM Maintains OPR At 2.75 Pct, Sees Continued Expansion In Global Growth 

KUALA LUMPUR, Sept 4 (Bernama) -- Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has maintained the overnight policy rate (OPR) at 2.75 per cent.

Ringgit Opens Slightly Firmer Against Greenback Ahead Of BNM Policy Decision

KUALA LUMPUR, Sept 4 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Thursday ahead of Bank Negara Malaysia’s (BNM) decision on the overnight policy rate (OPR), with markets widely expecting the central bank to leave the rate unchanged at 2.75 per cent.

Gold Futures Extend Gains, Fueled By Fiscal Anxieties

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains on Wednesday, driven by fiscal concerns in the United States (US), said an analyst.

Ringgit Ends Higher Ahead Of US Labour Data

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit closed higher against the greenback on Wednesday as traders awaited the United States (US) labour market data this week, said an analyst.

Bursa Malaysia Pares Gains But Stays Up For Second Straight Day

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia pared gains but still ended up for the second straight session on Wednesday, supported by buying of selected counters in consumer products and services, as well as telecommunications and media sectors.

Ringgit Opens Slightly Higher Against Greenback Ahead US Labour Market Data

KUALA LUMPUR, Sept 3 (Bernama) -- The ringgit opened slightly higher on Wednesday ahead of the US labour market data this week, which will be an important input for the Federal Open Market Committee (FOMC) members when they meet on Sept 16 and 17. 

Ringgit Ends Lower Ahead Of BNM's MPC Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit ended on a low note on Tuesday as market sentiments remained cautious, with traders bracing for Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting on Thursday to gauge the latest economic assessments.

FBM KLCI Stages Rebound On Late Bargain Hunting

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia rebounded from last Friday’s loss to close higher on Tuesday as late buying lifted the key index amid a mixed regional market performance and ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Thursday.

Global Investors Head To Xiamen For 25th CIFIT Amid Rising Two-Way Investment Focus

KUALA LUMPUR, Sept 2 (Bernama) -- The 25th China International Fair for Investment & Trade (CIFIT), themed “Join Hands with China, Invest in the Future”, will be held in Xiamen, Fujian, from Sept 8 to 11, drawing high-level global attention as China reinforces its dual role in attracting and exporting capital.

Ringgit Opens Higher Vs Greenback Ahead Of BNM Policy Meeting, US Non-farm Payrolls

KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit opened higher on Tuesday but is likely to trade cautiously today as traders will be observing Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, along with the United States (US) non-farm payrolls (NFP) report on Friday.