Ringgit Starts Higher On Stable S&P Outlook

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday, supported by Malaysia’s stable sovereign credit outlook and stronger domestic economic data.

FBM KLCI Futures Likely To Consolidate Around 1,600 Level Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is anticipated to stabilise around the key level of 1,600 as investors take a cautious approach ahead of significant external developments.

Cautious Trade Seen For Malaysian Rubber Market Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 20 (Bernama) -- The local rubber market is expected to trade range-bound next week as traders assess the global market environment.

Rubber Market Ends Slightly Higher Despite Cautious Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 19 (Bernama) -- The Malaysian rubber market ended slightly higher despite a cautious market due to falling oil prices and weaker signals from regional rubber futures markets, a dealer said.

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street, as investors assessed the US Federal Reserve’s shift towards an easing policy aimed at stimulating economic growth rather than combating inflation.

Ringgit Retreats Against Greenback As Markets Reassess US Interest Rate Outlook 

By Anas Abu Hassan

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit retreated against the greenback at the close on Thursday as investors reassessed the US interest rate outlook following the US Federal Reserve's (Fed) interest rate cut on Wednesday, an economist said.

Rubber Market Ends Mixed Amid Weaker Regional Futures

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 18 (Bernama) -- The Malaysian rubber market ended mixed on Thursday amid a weaker regional rubber futures market and lower crude oil prices, a dealer said.

Oil Prices To Benefit From US Fed Rate Cut -- Rystad Energy

KUALA LUMPUR, Sept 18 (Bernama) -- Oil prices are set to gain support from the United States (US) Federal Reserve’s (Fed) latest rate cut, which is expected to lift global demand sentiment, according to independent energy research company, Rystad Energy.

Ringgit Opens Lower Vs Greenback Amid US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar on Thursday, as the greenback strengthened following the US Federal Reserve’s (Fed) decision to cut its benchmark interest rate by 25 basis points.

Ringgit Ends Near One-year High Vs US Dollar On Fed Cut Hopes

By Anas Abu Hassan

KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit closed stronger on Wednesday, hitting a near one-year high against the greenback ahead of the United States (US) interest rate decision later in the day, an economist said.

Rubber Market Ends Marginally Higher Amid China Stimulus, US Fed Rate Cut Optimism

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 17 (Bernama) -- The Malaysian rubber market ended slightly higher on Wednesday, supported by the Chinese economic stimulus and optimism surrounding a potential rate cut by the United States Federal Reserve (Fed), a dealer said.

Bursa Malaysia Ends At Intraday High

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 17 (Bernama) -- Continued buying momentum in financial services heavyweights pushed Bursa Malaysia to close at its intraday high today, with the key index strengthening its position above the 1,600 psychological level.