KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia opened higher on Thursday, taking its cue from Wall Street’s mixed performance overnight as investors welcomed the United States Federal Reserve’s (US Fed) second interest rate cut this year.
KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher today, supported by optimism surrounding the ongoing ASEAN Summit, which bolstered confidence in regional economic cooperation, and in tandem with gains across regional markets.
By Abdul Hamid A Rahman
KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher today, tracking regional gains, as investor sentiment was lifted by optimism over a potential United States (US)–China trade deal and positive vibes from the ongoing ASEAN meeting, which boosted confidence in regional economic cooperation.
By Harizah Hanim Mohamed
KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher for the third consecutive day on Wednesday, as investors, almost certain of a US rate cut this month and expecting another in December, turned to the safe-haven asset.
KUALA LUMPUR, Oct 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to close higher on Monday, boosted by expectations of United States interest rate cuts.
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.
By Anas Abu Hassan
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit ended the week lower, retreating from its recent rally as the US dollar strengthened following the United States (US) Federal Reserve's (Fed) move to cut its interest rate, an economist said.
KUALA LUMPUR, Sept 11 (Bernama) -- The ringgit opened firmer against the US dollar and most major currencies on Thursday, tracking expectations of United States (US) interest rate cuts after softer economic data.
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit ended higher against the US dollar on Monday, driven primarily by the United States Federal Reserve (Fed) chair Jerome Powell's dovish Jackson Hole speech, which signalled a possible interest rate cut in September.
KUALA LUMPUR, Aug 14 (Bernama) -- Bursa Malaysia opened higher and is set to test the 1,600 level today after Wall Street’s bullish momentum overnight on US interest rate cut hopes, coupled with a strong corporate earnings season, analysts said.
