Ringgit Ends Higher After Correcting Oversold Position
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.
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By Zufazlin Baharuddin
KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit ended higher against the US dollar today as the local note corrected from its oversold position.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Feb 13 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by the uptrend in regional rubber futures markets, a dealer said.
KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
KUALA LUMPUR, Feb 10 (Bernama) -- Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend slightly lower next week as traders engage in profit-taking following the recent price rally, said palm oil trader David Ng.
By Siti Noor Afera Abu
KUALA LUMPUR, Feb 8 (Bernama) -- The Malaysian rubber market is expected to remain muted next week, with prices and demand holding mostly steady, though with a slight inclination towards a downward trend, said industry expert Denis Low.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 7 (Bernama) -- Bursa Malaysia opened lower on Friday on mild profit-taking in selected heavyweights led by SD Guthrie and Tenaga Nasional, analysts said.
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit turned lower against the US dollar at the close today amid improved demand for the greenback following the US administration seeking ways to reduce the 10-year US Treasury yield rather than bringing down the Fed Fund Rate, said an analyst.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia continued its positive performance at the opening on Thursday, with buying led by the industrial products and construction counters, analysts said.
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives strengthened today, following a global gold rush driven by persistent demand from central banks, said an analyst.
KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US Federal Reserve (Fed) would maintain interest rates later this year, said an analyst.
KUALA LUMPUR, Feb 5 (Bernama) -- Bursa Malaysia opened slightly higher today supported by buying interest in selected bluechip utilities and construction counters, analysts said.