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By Harizah Hanim Mohamed
KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia closed in the red on Friday after two consecutive sessions of gains as investors pocketed some profit while adopting a wait-and-see stance amid ongoing negotiations between Malaysia and the United States to secure a 20 per cent tariff rate.
KUALA LUMPUR, July 25 (Bernama) -- The ringgit opened on a slightly firmer footing against the US dollar this morning, shrugging off the broader G10 currencies' weakness as a confluence of domestic optimism and regional tailwinds lifted sentiment, said an analyst.
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia finished at its intra-day high for the second straight session on Thursday, driven by global optimism and the latest round of government fiscal aid that led investors to be back in the local market.
PETALING JAYA, July 24 (Bernama) -- Malaysia is actively engaging in discussions with the United States (US) over the impending 25 per cent tariffs set to take effect on Aug 1, aiming to secure a tariff rate below the 20 per cent level, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, July 23 (Bernama) -- The Malaysian rubber market closed lower on Wednesday, in tandem with regional rubber futures markets, amid a stronger ringgit against the US dollar, a dealer said.
KUALA LUMPUR, July 23 (Bernama) -- The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 22 (Bernama) -- The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional currencies, as investors adopted a wait-and-see approach ahead of the United States (US) tariff negotiation deadline, an analyst said.
By Harizah Hanim Mohamed
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed 0.34 per cent lower on Tuesday, marking its second straight day of decline, as the lack of buying support and absence of strong cues from key regional indices continued to weigh on sentiment.
KUALA LUMPUR, July 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, driven by safe-haven demand ahead of the Aug 1 deadline for potential new tariffs on the European Union (EU).
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia remained lower at the lunch break, while regional market performance across was mixed as ongoing trade tensions continued to weigh on sentiment.
KUALA LUMPUR, July 21 (Bernama) -- The ringgit continued to strengthen against the US dollar at the opening session on Monday, continuing from last Friday, as the Malaysian economy was projected to grow higher in the second quarter, signalling that the country’s economy remains resilient.
