Ringgit Opens Slightly Higher As Greenback Slips On Softer US Data
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday as the greenback weakened after softer United States (US) economic data.
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KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday as the greenback weakened after softer United States (US) economic data.
By Anas Abu Hassan
KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is expected to continue trading within a tight range with an upward bias next week, as investors reassess the trading trend following the United States (US) interest rate cuts.
KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) is maintaining its 2025 manufacturing growth forecast for Malaysia at 3.9 per cent, down from 4.3 per cent last year, citing a cautious outlook for external trade.
KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia started the week on a softer note, with muted trading after the long weekend.
By Zarul Effendi Razali
KUALA LUMPUR, Aug 23 (Bernama) -- Bursa Malaysia is expected to remain on an upward trajectory next week, testing the psychological 1,600 level, with some profit-taking activity possibly emerging ahead of the long weekend, an economist said.
KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit opened marginally higher against the US dollar and a basket of major currencies on Friday as investors awaited policy signals from the US Federal Reserve (Fed) at the Jackson Hole Economic Policy Symposium later in the day.
KUALA LUMPUR, Aug 6 (Bernama) --The ringgit opened higher against the US dollar on Wednesday, supported by weaker United States (US) economic data that weighed on the greenback and prompted investors to reassess market sentiment, an economist said.
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by stronger buying interest following the 13th Malaysia Plan (13MP) announcement, with market sentiment leaning towards the upcoming United States (US) economic data release.
By K. Naveen Prabu
KUALA LUMPUR, Aug 4 (Bernama) -- The Malaysian rubber market finished lower today, dragged down by the mixed trend in the regional rubber futures market and a stronger ringgit against the US dollar, a dealer said.
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 2 (Bernama) -- Bursa Malaysia is likely to trade higher next week, supported by improved investor sentiment following the reduction in United States (US) tariffs and the upcoming debate on the 13th Malaysia Plan (13MP) during the Parliamentary sitting beginning Aug 4.
KUALA LUMPUR, Aug 1 (Bernama) -- The reduction in United States (US) import tariffs on Malaysian goods from 25 per cent to 19 per cent is expected to provide a timely boost for Malaysia’s export-oriented manufacturers, said Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, Aug 1 (Bernama) -- Malaysia’s manufacturing sector showed signs of stabilisation in July, with the pace of moderation easing as demand conditions gradually improved, according to S&P Global.