BIMB Securities Forecasts Lower Malaysia Budget Deficit Of 3.9 Pct In 2025
KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s budget deficit is forecast lower at 3.9 per cent for 2025, said BIMB Securities Sdn Bhd.
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Ringgit Opens Flat Against US Dollar As Caution Prevails
KUALA LUMPUR, March 14 (Bernama) -- The ringgit opened nearly flat against the US dollar as cautious sentiment over the economic outlook prompted some investors to turn to safe-haven assets.
Ringgit Closes Lower Against Greenback Ahead Of US PPI Data Release
By Danni Haizal Danial Donald
KUALA LUMPUR, March 13 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the United States (US) Producer Price Index (PPI) data amid trade war concerns, said an analyst.
Bursa Malaysia Opens Higher, Tracking Wall Street’s Recovery
KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia rebounded at Thursday’s open, tracking Wall Street’s gains after days of selling.
Ringgit Rises Despite Firmer DXY, Outperforms Other Currencies
KUALA LUMPUR, March 13 (Bernama) -- The ringgit strengthened against the US dollar in early Thursday dealings, supported by improved buying sentiment for the domestic currency despite a firmer US Dollar Index (DXY).
Ringgit Closes Lower Against US Dollar Ahead Of US Inflation Data
By Danni Haizal Danial Donald
KUALA LUMPUR, March 12 (Bernama) -- The ringgit closed lower against the US dollar on Wednesday on caution ahead of US inflation data later tonight and as the global trade war escalated.
Ringgit Rises As US Dollar Index Retreats
KUALA LUMPUR, March 12 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday as the US Dollar Index (DXY) eased to 103.419 points from 103.900 points previously, despite stronger-than-expected US job openings, an economist said.
Gold Futures Close Lower Ahead Of US Inflation Data
KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday on caution ahead of US inflation data tomorrow.
Bursa Malaysia Remains Lower At Midday On Selling Pressure
KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia remained lower at midday as a widespread sell-off in small-cap stocks dragged the broader market into negative territory.
Kenanga Research Keeps Overweight On Plantations Amid Supply Deficit
KUALA LUMPUR, March 11 (Bernama) -- Kenanga Research has maintained its “overweight” rating on the plantation sector, citing strong crude palm oil (CPO) prices and a persistent global supply deficit despite weaker exports.
Ringgit Opens Flat Against US Dollar
KUALA LUMPUR, March 11 (Bernama) -- The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.
Ringgit Closes Lower Against Greenback On Trade War Concerns, China Deflationary Woes
By Danni Haizal Danial Donald
KUALA LUMPUR, March 10 (Bernama) -- The ringgit closed lower against the US dollar on Monday on lingering trade war concerns while deflationary pressures in China further weighed on Asian currencies.