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KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia opened higher on Thursday but turned lower thereafter following a lack of catalysts amid Wall Street’s soft performance amid sticky inflation data and trading slowing ahead of the US Thanksgiving Day holiday.
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday, amid a firm US Dollar Index (DXY) as the Federal Reserve (Fed) minutes signalled a pause in the rate cut cycle.
KUALA LUMPUR, Nov 26 (Bernama) -- IHH and Petronas Dagangan continued to support Bursa Malaysia’s main index above the 1,600 mark, amid selling in mid-cap stocks that led to a mixed market breadth.
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit extended its recent positive momentum to trade slightly higher against the US dollar in the early session on Friday.
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia rebounded from last week’s decline to close higher today, buoyed by bargain hunting after two consecutive days of sell-off, despite the weakness on Wall Street and most regional peers, an analyst said.
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The ringgit is expected to trade within a tight range next week following the US dollar’s recent rally amid anticipation of slower United States (US) interest rate cuts, according to Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Anas Abu Hassan
KUALA LUMPUR, Nov 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to experience cautious trading next week, following recent gains in the US dollar, an analyst said.
By Anas Abu Hassan
KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit staged a rebound on Friday after recent losses to finish the week higher against the American dollar despite a rising greenback buoyed by anticipation of slower US interest rate cuts, an economist said.
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, buoyed by rising optimism that China would increase its economic stimulus measures to prop up its economy, a dealer said.
