Ringgit Opens Flat Amid Cautious Economic Sentiment
By Zarul Effendi Razali
KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened flat against the greenback on Thursday as investors await fresh leads ahead of key US inflation data.
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By Zarul Effendi Razali
KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened flat against the greenback on Thursday as investors await fresh leads ahead of key US inflation data.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit extended its loss to end lower against the greenback on Wednesday ahead of key US inflation 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 Abdul Hamid A Rahman
KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia snapped a three-day winning streak to close at an intraday low today, as investors engaged in profit-taking after recent strong gains, in tandem with the downbeat performance in regional markets.
KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia opened slightly firmer on Tuesday but reversed course within minutes, with the benchmark slipping as local shares tracked Wall Street’s overnight pullback.
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.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 25 (Bernama) -- Bursa Malaysia closed higher for the third consecutive day, breaking the psychological 1,600 mark, lifted by positive regional sentiment on the back of Wall Street’s rally on Friday.
KUALA LUMPUR, Aug 25 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed) chair Jerome Powell hinted at a possible interest rate cut in September.
KUALA LUMPUR, Aug 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, after the United States (US) Federal Reserve chair Jerome Powell signalled a possible interest rate cut in September.
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit ended the week higher against regional currencies, but eased against the US dollar ahead of the Jackson Hole Economic Policy Symposium later tonight as traders await signals on the United States’ (US) monetary policy.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 22 (Bernama) -- The Malaysian rubber market closed lower on Friday, driven by weaker advice in the regional rubber futures markets, a dealer said.
By Zarul Effendi Razali
KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia ended the morning session on a high note, driven by continuous buying in selected heavyweights, led by industrial products and services, as well as financial services counters, despite cautious sentiments in regional markets, said an analyst.