Bursa Malaysia Ends Higher Amid Profit-taking In Plantation Stocks
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia finished slightly higher on Wednesday as gains in utility stocks helped offset selling pressure in the plantation sector.
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Ringgit Opens Lower Against Greenback On Cautious Sentiment
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.
Bursa Malaysia Seen Remaining In Consolidation Mode Next Week
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- Bursa Malaysia is anticipated to remain in a consolidation phase next week, with investors closely monitoring both domestic and international developments that could influence market direction.
SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level
By NurulJannah Kamaruddin
KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.
FBM KLCI Falls Below 1,600, Set To Attract Bargain Hunters
KUALA LUMPUR, Nov 1 (Bernama) -- Bursa Malaysia fell below the key psychological support level of 1,600, as investors held back from making significant moves amid weak cues from Wall Street following a disappointing outlook from major tech firms.
Ringgit Opens Flat Amid Investor Caution On US Election Risks
KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit opened flat against the US dollar today as looming risks surrounding next week’s US election kept investors cautious.
Ringgit Expected To Trade Sideways Next Week Ahead Of The US Election
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US presidential election on Nov 5.
Bursa Malaysia Extends Decline On Global Equity Sell-off
By Karina Imran
KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia continued its downtrend to close lower today for the fourth day running, in line with regional peers due to a broad global equity sell-off, said an analyst.
Ringgit Seen Trading Cautiously Vs US Dollar Next Week Ahead Of Budget 2025
By Anas Abu Hassan
KUALA LUMPUR, Oct 12 (Bernama) -- The ringgit is projected to trade sideways against the US dollar next week amid worries over China’s economy and rising geopolitical risks, ahead of Malaysia’s Budget 2025.
Ringgit Opens Higher vs Greenback AS Investors Await NFP Data
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.
Ringgit Slips Amid Rising Geopolitical Risks, But Remains Top Currency Globally Today
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Oct 2 (Bernama) -- The ringgit closed lower on Wednesday as rising geopolitical risks spurred the buying of safe haven assets such as the greenback, nevertheless it still emerged as a global best performer against the US dollar in a three-month period from July 2 to Oct 2.
Gold Futures To Trade In Consolidation Mode Next Week
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.