By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit extended its uptrend to close higher for the sixth consecutive day today, supported by renewed optimism over a possible interest rate cut by the United States Federal Reserve (Fed).
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia extended its upward momentum for a second consecutive day, driven by a firmer ringgit, renewed optimism across selected sectors, and growing expectations that the United States (US) government shutdown will soon be resolved.
KUALA LUMPUR, Nov 11 (Bernama) -- The ringgit continued its momentum to open higher today, buoyed by continuous buying interest in the local note amid a weakened greenback.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit extended its uptrend to close higher against the US dollar today, lifted by improved risk appetite and growing optimism over a possible resolution to the United States’ (US) government shutdown.
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia closed higher on Monday, supported by improving domestic and global economic data that reinforced investor confidence in Malaysia’s near-term growth outlook.
KUALA LUMPUR, Nov 10 (Bernama) -- The ringgit continued its strong footing by opening higher and touched the 4.16 level versus greenback on Monday buoyed by continuous buying interest in the local note.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week, as investors adopt a measured yet constructive stance while navigating both domestic and external developments.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 8 (Bernama) -- The ringgit is expected to remain bullish next week although there could be profit-taking activities due to the recent appreciation, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade slightly higher next week, supported by the stabilisation of gold around US$4,000 per troy ounce.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound next week, anchored by resilient domestic fundamentals and expectations of a steady monetary policy stance by Bank Negara Malaysia.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.
