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KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia extended its upward momentum on Tuesday, opening 0.63 per cent higher to reach a new peak not seen since June 2018, supported by continued foreign fund inflows following heavy outflows last year.
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit steadily opened at 3.96 against the US dollar this morning, amid talks of possible currency intervention by the United States and Japanese authorities intensified.
KUALA LUMPUR, Jan 26 (Bernama) -- The Kuala Lumpur rubber market ended lower today, dragged down by the stronger ringgit versus the US dollar amid mixed advice from regional rubber futures, said a dealer.
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s gold price is on track to surpass RM700 per gram going forward, supported by a softer US dollar and as the ringgit continues to strengthen, said analysts.
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit continued its momentum to trade at 3.9665 against the US dollar after lunch break today, marking a fresh high since May 22, 2018, when it last stood at 3.9655.
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its gains at midday on sustained buying interest in selected heavyweight stocks, led by financial counters, amid a mixed regional market performance, said an analyst.
PUTRAJAYA, Jan 26 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today expressed gratitude over the ringgit’s appreciation against the US dollar, saying “Alhamdulillah” when asked to comment on the local currency’s strongest performance in more than seven years.
KUALA LUMPUR, Jan 26 -- Bursa Malaysia opened higher on Monday, extending gains from last week, as foreign funds continued to snap up local shares, reflecting sustained external confidence in the Malaysian market.
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia’s decision to maintain the overnight policy rate and a weaker US dollar index.
BUKIT MERTAJAM, Jan 24 (Bernama) -- The ringgit’s performance, now among the best in Asia, proves the effectiveness of good governance policies, political stability, and investor confidence in the country’s economic direction.
