Ringgit Opens Higher Against US Dollar Ahead Of FOMC Minutes Release

KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit opened higher against the US dollar as the market remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday, said an analyst.

Ringgit In Right Direction Despite Uncertainties Caused By US Trade War - BNM Governor

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

BNM, BI And BOT Adopt Harmonised Local Currency Transaction Framework Guidelines

KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.

Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets. 

Ambank Group Projects Malaysia’s GDP Growth At 5.1 Pct in 2024, Driven By Domestic Expansion

Bursa Malaysia Lower At Midday, Selected Selling In Financial And Utility Heavyweights

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.

HLIB Expects Malaysia To Withstand Impact Of US Trade Tensions

KUALA LUMPUR, Feb 17 (Bernama) -- Hong Leong Investment Bank (HLIB) expects Malaysia to withstand the impact of renewed US trade tensions even as President Donald Trump moves to reintroduce tariffs. 

LPI Capital Shares Flat In Early Trade Despite Robust FY2024 Performance

KUALA LUMPUR, Feb 17 (Bernama) -- LPI Capital Bhd’s shares on Bursa Malaysia were flat in early trade today despite recording robust performance for its financial year ended Dec 31, 2024 (FY2024).

Malaysia's GDP Growth To Remain Solid At 4.9 Pct In 2025 - Investment Banks

KUALA LUMPUR, Feb 17 (Bernama) -- Malaysia’s economic growth is expected to remain solid at 4.9 per cent year-on-year (y-o-y) in 2025, according to local investment banks.

Malaysia's Current Account Surplus Hits Three-quarter High In 4Q 2024 -- Kenanga IB

KUALA LUMPUR, Feb 17 (Bernama) -- The current account (CA) surplus surged to RM11.4 billion or 2.3 per cent of gross domestic product (GDP) in 4Q 2024, up from RM2.2 billion (0.4 per cent of GDP) in 3Q 2024, which is the highest in three quarters. 

Local Institutions Boost Bursa Malaysia For 17th Consecutive Week - MIDF

KUALA LUMPUR, Feb 17 (Bernama) -- Local institutions continued to support Bursa Malaysia for the 17th consecutive week, with net purchases totalling RM77.9 million in domestic equities last week, according to MIDF Amanah Investment Bank Bhd.

Bursa Malaysia Opens Slightly Higher But Turns Lower Thereafter

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia opened slightly higher but turned lower thereafter, weighed by cautious sentiment following mixed Wall Street’s Friday performance.