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There are 25 news based on search keyword " overbought"

Bursa Malaysia Opens Higher, Tracking Regional Peers

KUALA LUMPUR, May 14 (Bernama) -- Bursa Malaysia opened higher on Thursday, tracking gains across regional markets amid renewed buying interest in selected heavyweight stocks.

Bursa Malaysia Extends Gains At Midday

KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia continued its uptrend momentum at midday against a backdrop of mostly lower regional markets following mixed cues from Wall Street overnight, said an analyst. 

Bursa Malaysia Higher At Midday, In Line With Regional Peers

By Siti Noor Afera Abu

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia’s benchmark index continued its uptrend momentum at midday in line with regional peers, lifted by persistent buying in banking, healthcare and utility counters.

Ringgit Strengthens Vs US Dollar, Major Currencies On Positive Fiscal Developments

KUALA LUMPUR, Dec 22 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies on Monday as positive developments in the government of Malaysia’s fiscal position have contributed significantly to the ringgit’s appreciation.

Ringgit Poised To See Profit-taking After Hitting Near Six-year High Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit is expected to experience profit-taking next week, hovering between RM4.07 and RM4.09 against the US dollar after hitting a near six-year high yesterday.

Ringgit Extends Technical Correction, Ends Lower As US Rate Outlook Remains Uncertain

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit continued its technical correction, closing lower against the US dollar today, as traders and investors cashed in amid uncertainty over the United States interest rate outlook.

Ringgit Eases Slightly Against Greenback, Rises Vs Other Major Currencies

KUALA LUMPUR, Nov 18 (Bernama) -- The ringgit opened slightly easier against the US dollar this morning, reflecting a technical correction after its recent gains.

Ringgit Ends Lower As Fed Signals Steady Rates

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit declined against the US dollar today as expectations for a United States interest rate cut in December have diminished.

Ringgit Opens Higher Against Greenback On Renewed Demand

KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit opened higher against the US dollar from last Friday’s losses amid renewed demand for the local currency, underpinned by steady domestic fundamentals following Malaysia’s latest gross domestic product (GDP) report.

Ringgit Rises Vs Greenback On Lower Us Treasury Yields

KUALA LUMPUR, Nov 13 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, supported by continued declines in US Treasury yields that weighed on the greenback.

Gold Futures Retreat Amid Stronger US Dollar And Higher Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives retreated on Thursday, initially weighed down by technical traders flagging overbought conditions with the Relative Strength Index (RSI) readings above 70, and then amplified as momentum funds pressed on the downside.

Ringgit Opens Higher Against Greenback On Weaker US Economic Outlook, Tariff Concerns

By Danni Haizal Danial Donald

KUALA LUMPUR, May 21 (Bernama) -- The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer United States (US) economic outlook amid tariff concerns, an analyst said.