1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia closed marginally lower on the final trading day of the week, weighed by profit-taking amid cautious sentiment after Donald Trump’s US election victory.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, influenced by a downtrend in crude oil prices and the stronger ringgit against the greenback, a dealer said.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia's key index opened marginally lower in early trade, despite the mostly positive Wall Street performance overnight following the United States (US) Federal Reserve's (Fed) interest rate cut.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve (Fed) cut interest rates by 25 basis points (bps) during its Federal Open Market Committee (FOMC) meeting last night.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves, said an economist.
1y ago
KUALA LUMPUR, Nov 7 (Bernama) -- Amid ongoing economic challenges, Public Investment Bank (IB) Bhd anticipates Bank Negara Malaysia (BNM) will maintain a cautious stance through 2025, likely holding the overnight policy rate (OPR) steady at 3.00 per cent for the year.
1y ago
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit continued to be on a stronger footing against the US dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve, said an economist.
1y ago
BANGKOK, Nov 5 (Bernama) -- Investor confidence in Thailand’s stock market remained strong in October, supported by the government's economic stimulus package and the Bank of Thailand's recent policy rate cut, according to the Federation of Thai Capital Market Organizations (FETCO).
1y ago
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight decline as investors remained cautious ahead of the United States presidential election today.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit maintained its upward momentum, opening higher on Tuesday as the US Dollar Index (DXY) weakened following last Friday’s release of US non-farm payroll (NFP) data, said an analyst.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit ended firmer against the greenback on Monday ahead of an expected US interest rate cut this week amid the heightened uncertainties over the US presidential election tomorrow, said an economist.