5d ago
By K. Naveen Prabu
KUALA LUMPUR, Jan 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today on expectations of stronger export demand in the coming weeks, a dealer said.
5d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.
6d ago
By K. Naveen Prabu
KUALA LUMPUR, Jan 29 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by an uptrend in the regional rubber futures market, said a dealer.
6d ago
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia opened lower on Thursday as investors booked profits from recent gains and assessed the impact of the US Federal Reserve (Fed) decision to keep interest rates unchanged.
6d ago
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit opened marginally firmer against the US dollar on Thursday, supported by confidence in Malaysia’s economic growth and solid domestic fundamentals, as investors digested the US Federal Reserve (Fed)’s decision to keep interest rates unchanged.
6d ago
KUALA LUMPUR, Jan 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in US Comex gold futures amid sustained demand for the precious metal as a hedge against geopolitical and financial risks.
6d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.
7d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst.
7d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia continued its downtrend at midday as profit-taking activities continued in selected blue-chip counters, led by the financial services stocks.
7d ago
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia retreated from recent gains to open lower on Wednesday, as investors took profit after the market scaled fresh highs and assessed mixed performances on Wall Street, an analyst said.
7d ago
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit opened firmer against the US dollar on Wednesday, supported by weaker US economic data that continued to weigh on the greenback.
7d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.