Ringgit Ends Lower As US Election Results Unfold
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
LATEST NEWS | Mandatory EPF contributions for foreign workers, at two per cent each for workers and employers - Steven Sim | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | |
KUALA LUMPUR, Nov 6 (Bernama) -- The ringgit closed lower against the US dollar today, snapping two days of gains, as the US presidential election results poured in, said an economist.
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia closed higher today, buoyed by supportive local economic policies, positive sentiment from strong technology stocks earnings, and a favourable United States (US) market outlook, an analyst said.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia's key index rose in opening trade on Wednesday, with the FBM KLCI expected to trade within the 1,615–1,625 points range ahead of two major events today - Bank Negara’s overnight policy rate (OPR) decision and the results of the US presidential election.
KUALA LUMPUR, Nov 5 (Bernama) -- Bursa Malaysia opened lower on Tuesday, tracking Wall Street’s overnight decline as investors remained cautious ahead of the United States presidential election today.
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 5 (Bernama) -- The ringgit maintained its upward momentum, opening higher on Tuesday as the US Dollar Index (DXY) weakened following last Friday’s release of US non-farm payroll (NFP) data, said an analyst.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit ended firmer against the greenback on Monday ahead of an expected US interest rate cut this week amid the heightened uncertainties over the US presidential election tomorrow, said an economist.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 4 (Bernama) -- Bursa Malaysia opened higher on the week's first trading day, buoyed by Wall Street's overnight gains ahead of tomorrow's United States (US) presidential election.
By Siti Noor Afera Abu
KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit rebounded, opening higher against the US dollar on Monday as the greenback softened, with markets awaiting key events later in the week.
KUALA LUMPUR, Nov 2 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is likely to be on cautious trading mode as investors are expected to adopt a wait-and-see stance prior to the US presidential election on Nov 5, said dealers.
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst.
By Siti Radziah Hamzah
KUALA LUMPUR, Nov 1 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives retreated at close on Friday as investors booked profits ahead of the US Presidential election next week, said an analyst.