Bursa Malaysia Higher At Midday
KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia ended the morning session higher, tracking the strong overnight rally on Wall Street.
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Ringgit Opens Higher Against US Dollar On Fed Rate Hold Expectations
KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the US dollar on expectations that the US Federal Reserve (Fed) will keep interest rates unchanged amid easing inflation concerns and lower US Treasury yields.
Gold Futures Close Higher Amid Lower Oil Prices
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, supported by lower oil prices.
Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal
By K. Naveen Prabu
KUALA LUMPUR, June 15 (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.
Bursa Malaysia Stays Higher At Midday
KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, in line with gains across Asian markets and mirroring Wall Street’s overnight rally.
Improved Market Sentiment Lifts Ringgit At Opening
KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.
Ringgit To Trade Cautiously Next Week Ahead Of FOMC Meeting
KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.
Gold Futures To Trade Cautiously Next Week
KUALA LUMPUR, June 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as investors monitor developments in the West Asia conflict.
Rubber Market Extends Gains On Strong Regional Futures
KUALA LUMPUR, June 12 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said.
Brent Oil Prices Trend Below US$90 Per Barrel On Friday's Open
KUALA LUMPUR, June 12 (Bernama) -- Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05).
Bursa Malaysia Gains In Early Trade On Improved Risk Appetite
KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia opened higher on Friday, taking cues from Wall Street, which staged a sharp rally led by technology stocks after United States (US) President Donald Trump made positive remarks regarding the prospects for a deal in West Asia.
Weststar Maxus, Yinson Greentech Ink Deal For 300 Electric Commercial Vans
KUALA LUMPUR, June 11 (Bernama) -- Weststar Maxus Sdn Bhd and Yinson GreenTech’s e-mobility business, drivEV, today signed a strategic agreement for the procurement of 300 units of the Maxus eDeliver 5 electric commercial van.