Ringgit Opens Higher Against US Dollar Ahead Of FOMC Minutes Release

KUALA LUMPUR, Feb 18 (Bernama) -- The ringgit opened higher against the US dollar as the market remained cautious ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Thursday, said an analyst.

Bursa Malaysia's Key Index Ends Lower On Selling By Foreign Funds

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia’s main index finished lower today as selling by foreign funds persisted, amid the better performance in most regional markets. 

Bursa Malaysia Opens Slightly Higher But Turns Lower Thereafter

KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia opened slightly higher but turned lower thereafter, weighed by cautious sentiment following mixed Wall Street’s Friday performance.

Bursa Malaysia To Remain In Consolidation Mode Next Week On US Trade Uncertainty

KUALA LUMPUR, Feb 15 (Bernama) -- Bursa Malaysia is expected to remain in a consolidation phase next week until greater clarity on the US trade policy emerges.

Gold Futures To See Cautious Trading Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week amidst global uncertainties.

FBM KLCI Futures Likely To Move In Narrow Range Next Week

KUALA LUMPUR, Feb 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to move in a narrow range next week amid uncertainties surrounding United States (US) trade policies.

Ringgit To Trade Cautiously Ahead Of FOMC Minutes

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 15 (Bernama) -- The ringgit is expected to trade cautiously against the US dollar next week ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes on Feb 20.  

Late Buying In Banks Helps Bursa Malaysia To End With Modest Loss

KUALA LUMPUR, Feb 14 (Bernama) -- Bursa Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.

RHB Maintains Malaysia’s 2025 GDP Growth Forecast At 5.0 Pct

KUALA LUMPUR, Feb 14 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has maintained its forecast for Malaysia's gross domestic product (GDP) growth at 5.0 per cent in 2025, driven by ongoing multi-year projects, rising household incomes, and improving global monetary conditions.  

MIDF Sees Malaysia's Fourth Quarter GDP Growth At 4.8 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- MIDF Amanah Investment Bank Bhd sees Malaysia’s gross domestic product (GDP) growth for the fourth quarter of 2024 (4Q 2024) at 4.8 per cent, similar to the government’s advance estimate.

Kenanga IB Maintains Malaysia's 2025 Distributive Trade Forecast At 6.5 Pct

KUALA LUMPUR, Feb 13 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained Malaysia’s distributive trade forecast at 6.5 per cent in 2025 from 5.5 per cent in 2024, driven by higher income prospects and tourism.

US Fed's Hawkish Stance Weighs On Gold Futures

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as sentiment for the safe-haven metal weakened following the United States (US) Federal Reserve's (Fed) hawkish stance on its interest rates.