Ringgit Set To March Stronger Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 23 (Bernama) -- The ringgit is poised to march stronger next week after the United States (US) Federal Reserve chair Jerome Powell hinted at a potential interest rate cut in September.

Gold Futures Likely To Trade Higher Next Week

KUALA LUMPUR, Aug 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, after the United States (US) Federal Reserve chair Jerome Powell signalled a possible interest rate cut in September.

Bursa Malaysia Higher At Midday

By Zarul Effendi Razali

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia ended the morning session on a high note, driven by continuous buying in selected heavyweights, led by industrial products and services, as well as financial services counters, despite cautious sentiments in regional markets, said an analyst.

Bursa Malaysia Opens Higher, CI Adds 4.8 Pts

KUALA LUMPUR, Aug 22 (Bernama) -- Buying in selected heavyweights lifted Bursa Malaysia at the open on Friday, extending the previous day’s gains, while sentiment stayed cautious over the global economic outlook, a dealer said.

Ringgit Opens Slightly Higher Ahead Of Fed Speech

KUALA LUMPUR, Aug 22 (Bernama) -- The ringgit opened marginally higher against the US dollar and a basket of major currencies on Friday as investors awaited policy signals from the US Federal Reserve (Fed) at the Jackson Hole Economic Policy Symposium later in the day.

Ringgit Opens Higher Across Major, Regional Currencies

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher on Thursday as the US dollar weakened following the release of the Federal Open Market Committee (FOMC) minutes, an analyst said.

Bursa Malaysia Opens Slightly Lower

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened slightly lower today due to mild profit taking in selected heavyweights after recent gains, amid weaker sentiments on the global economic outlook, a dealer said.

Ringgit Opens Flat Against US Dollar On Cautious Sentiment 

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit opened flat against the US dollar on Wednesday, amid cautious market sentiments ahead of the United States (US) Federal Reserve (Fed) chair, Jerome Powell's Jackson Hole speech this Friday.

Gold Futures End Lower On Positive Signals From US-Ukraine Talks

KUALA LUMPUR, Aug 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Monday, following positive signals from the United States (US)-Ukraine talks, which capped the potential for further gains in gold.

Ringgit Up Against Major Currencies, Holds Steady Against Greenback On Strong Trade Data

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit appreciated against major currencies and held firm versus the US dollar at the close on Tuesday as Malaysia posted a stronger trade performance, returning to positive growth in July.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended the morning session higher, supported by persistent buying in selected utilities, as well as industrial products and services counters, amid cautious sentiment in the regional markets, said an analyst.

Bursa Malaysia Extends Gains, Opens Higher

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia opened higher today, extending yesterday’s gains, supported by continued buying interest in selected heavyweights amid cautious sentiments on the global economic outlook, a dealer said.