Gold Futures End Lower, Tracking Loss On US Comex
KUALA LUMPUR, Jan 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives settled lower today, mirroring losses on the United States Comex as a firmer US dollar weighed on bullion prices.
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Ringgit Closes Lower Amid US FED Leadership Speculations
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of the week, pressured by renewed demand for the greenback amid speculations surrounding the future leadership of the United States Federal Reserve (Fed).
Bursa Malaysia Ends Higher On Renewed Buying Interest
By Karina Imran
KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia closed higher on Friday, driven by renewed buying interest in banking stocks as trading momentum picked up in the final hour of trading, said an analyst.
Ringgit Rebounds To 3.9190 Vs Greenback On US Uncertainties
KUALA LUMPUR, Jan 30 (Bernama) -- The ringgit rebounded against the US dollar at Friday’s open as persistent uncertainties in the United States continued to weigh on the greenback, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said.
Gold Futures Continue To End Higher On Safe-Haven Demand
KUALA LUMPUR, Jan 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, mirroring gains in US Comex gold futures as investors continued to turn to safe-haven assets.
Ringgit Retreats Against US Dollar After Fed Holds Rates
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 29 (Bernama) -- The ringgit closed lower against the US dollar today following the United States Federal Reserve’s decision to keep interest rates unchanged, which supported the greenback.
Bursa Malaysia Ends Lower As Profit-Taking Gathers Pace
By Karina Imran
KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia extended its pullback as profit-taking intensified, with most sectors closing lower in a broad-based consolidation, an analyst said.
Gold Futures End Higher In Line With US Comex, Sustained Demand
KUALA LUMPUR, Jan 28 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains in US Comex gold futures amid sustained demand for the precious metal as a hedge against geopolitical and financial risks.
Ringgit Surges For Third Day, Closing At 3.9175 vs US Dollar
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit jumped to a seven-year high to close at 3.9175 versus the US dollar on Wednesday as improved risk sentiment and a softer greenback continued to support the local currency, which rose for the third consecutive day this week.
Profit-taking Ends Bursa Malaysia's Five-day Winning Streak
By Karina Imran
KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst.
Ringgit Ends At Fresh Seven-year High Of 3.95 Vs US Dollar, New Support Seen At 3.8722
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit ended at another fresh high in more than seven years against the US dollar today, reaching the 3.95 level, with an economist setting a new support level for the local currency at RM3.8722.
Gold Futures Close Lower Tracking Weaker US Comex
KUALA LUMPUR, Jan 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking weaker US Comex gold futures.