Ringgit Opens Higher Against US Dollar, Lifted By ASEAN Summit Success

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains on Wednesday, opening higher against the US dollar, supported by positive sentiment following the success of the 47th ASEAN Summit and Related Summits in Kuala Lumpur, an analyst said.

Bursa Malaysia Slips On Profit-taking After Recent Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia closed lower today in tandem with profit-taking across regional markets after the recent gains, amid cautious sentiment ahead of the US Federal Reserve’s monetary policy decision on Wednesday.

Ringgit Opens Higher On US-Malaysia Trade Deal Boost

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit continued to open higher against the US dollar on Tuesday, buoyed by recent US-Malaysia trade deals that have increased appetite for the local currency, an analyst said.

Bursa Malaysia Tracks Wall Street's Positive Sentiment To Open Higher

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia opened higher today, supported by persistent buying interest in heavyweights across the board and continued optimism following positive Wall Street performance last Friday.

Ringgit Opens Higher Against Greenback Ahead Of FOMC Meeting

KUALA LUMPUR, Oct 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday amid investors’ caution ahead of the Federal Open Market Committee (FOMC) meeting scheduled on Oct 28-29, an analyst said.

Ringgit Likely To Trade In Narrow Range Next Week Amid Fed Uncertainty

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week as cautious sentiment prevails ahead of the upcoming Federal Open Market Committee (FOMC) meeting.

Gold Futures Likely To Trade Cautiously Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade cautiously next week, hovering within a narrow range of US$4,050 to US$4,100 per ounce as market participants reassess positions amid ongoing profit-taking.

FBM KLCI Likely To Maintain Mildly Positive Momentum Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to maintain a mildly positive bias next week, supported by sustained buying interest above the 1,600 psychological level.

Ringgit Ends Marginally Higher Ahead Of US CPI Data Report

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit ended marginally higher against the greenback today as investors turned cautious ahead of the release of the United States (US) Consumer Price Index (CPI) data.

FBM KLCI Ends At Intraday High On Late Bargain Hunting

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at an intraday high today, supported by mild bargain hunting in several key index heavyweights.

BNM Expected To Complete Domestic Wholesale CBDC Proof-of-Concept By Year-End -- MOF

KUALA LUMPUR, Oct 22 (Bernama) -- Bank Negara Malaysia (BNM) is expected to complete its proof-of-concept for a domestic wholesale central bank digital currency (CBDC) by the end of this year.

Ringgit Ends Flat Against US Dollar, Higher Versus Major Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 22 (Bernama) -- The ringgit closed flat against the greenback on Wednesday amid cautious sentiment ahead of an anticipated meeting between US and Chinese leaders next week in South Korea.