4m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 30 (Bernama) -- Bursa Malaysia is expected to resume its uptrend next week, testing the psychological threshold of 1,600, after already breaching the level on Monday (Aug 25).
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 30 (Bernama) -- The ringgit is expected to trade sideways with an upside bias next week, reflecting a cautious but optimistic market sentiment, ahead of the Bank Negara Malaysia (BNM) Monetary Policy Committee meeting scheduled on Sept 4, said an economist.
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- CIMB Investment Bank Bhd expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 2.75 per cent at the Monetary Policy Committee (MPC) meeting on Sept 4, 2025.
4m ago
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is projected to settle at 4.27 against the US dollar by the end of 2025, on a slight rebound in US dollar strength and reduced support from Malaysia’s trade account.
4m ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia retreated in early trade due to profit-taking amid a lack of fresh local catalysts, despite the positive performance on Wall Street overnight.
4m ago
By Zarul Effendi Razali
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit extended yesterday’s gain to open higher against the greenback on Friday as more investors shifted toward emerging currencies on rising expectations of an interest rate cut in the United States next month and ahead of a US inflation report later today.
4m ago
KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia was higher in early trade today, tracking the upbeat performance on Wall Street overnight.
4m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia opened slightly firmer on Wednesday but reversed course within minutes, with the benchmark slipping on spillover profit-taking from yesterday’s sell-off despite overnight gains on Wall Street.
4m ago
KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit opened higher against the US dollar and most major currencies on Wednesday, lifted by growing expectations of a US interest rate cut amid weakening consumer confidence and concerns over rising prices from escalating tariffs.
4m ago
KUALA LUMPUR, Aug 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday as gold prices hit a more than two-week high after US President Donald Trump said he was removing US Federal Reserve governor Lisa Cook, a move seen as eroding the American central bank's independence and undermining confidence in US assets.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.