1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- A softer economic downturn and interest rate cuts could create favourable conditions for investing in preferred securities, particularly in electric utilities and regional banks, according to Manulife Investment Management (M) Bhd.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.
1y ago
KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit maintained its strong footing, opening marginally higher against the US dollar in early trade today on the back of more interest rate cut anticipation in the United States (US) in the near term, an analyst said.
1y ago
KUALA LUMPUR, Sept 30 (Bernama) -- The Malaysian ringgit closed marginally higher on Monday but still hit a new 39-month high against the greenback on continued expectation of another cut in US interest rates after the latest inflation data there.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst.
1y ago
By Wong Chun Wai
KUALA LUMPUR, Sept 29 (Bernama) -- It has been a while since Malaysians began to feel some pride. Certainly, the strengthening of the ringgit against the dollar has made a big impact on national confidence.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is likely to trade in consolidation mode next week ahead of the release of United States (US) economic data next week, said an analyst.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia is expected to stage a rebound next week, driven by spillover effects from the robust rallies in both China and the United States (US) markets.
1y ago
KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit is expected to continue appreciating next week, despite traders remaining cautious about key United States economic indicators, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit soared to 4.12 against the US dollar on Friday, emerging as one of the top-performing currencies globally.
1y ago
KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit eased against the US dollar at the close on Thursday due to profit-taking following its sharp gains earlier in the week, and on caution ahead of US personal consumption expenditures data tomorrow, according to an analyst.