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Ringgit Closes At 3.96 Vs US Dollar For First Time Since 2018

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.

Bursa Malaysia Hits Fresh High Since Mid-October 2018, CI Up 1.4 Pct

KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.

Bursa Malaysia Surges To Highest Level Since 2018 At Mid-Afternoon

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.

Bursa Malaysia Extends Gains At Midday Amid Mixed Regional Performance

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. 

Bursa Malaysia Poised To Rise Further Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia is expected to rise further next week, supported by steady buying interest and strengthening overall sentiment.

Ringgit's Superlative Performance Driven By Solid Economic Fundamentals Rather Than US Fed Rates – Analysts

By Harizah Hanim Mohamed and Danni Haizal Danial Donald

KUALA LUMPUR, Jan 23 (Bernama) – The MADANI Government’s bold measures to reinforce the economy has proven to be a positive reset, culminating in the ringgit breaking through the psychological barrier of 4.0 versus the US dollar and reaching a more than seven-year high of 3.99 in intra-day trading.

Bursa Malaysia's Key Index Reverses Earlier Losses To Close Higher

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 23 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to settle higher, maintaining a more than six-year high, buoyed by continued buying interest in technology stocks, while the strengthening of the ringgit against the US dollar further lifted investor sentiment.

Bursa Malaysia Opens Lower On Mild Profit-taking

KUALA LUMPUR, Jan 23 (Bernama) -- Mild profit-taking nudged Bursa Malaysia lower at the open on Friday, following its robust close a day earlier.

Bursa Malaysia Bullish On OPR Status Quo, Easing Geopolitical Tensions

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 22 (Bernama) -- Positive sentiment surrounding the Overnight Policy Rate (OPR) status quo, coupled with easing geopolitical uncertainty, supported the Bursa Malaysia benchmark index in closing higher today.

Bursa Malaysia's Benchmark Index Ends Higher On Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia’s benchmark index rebounded to close higher today as investors engaged in bargain hunting at lower levels following yesterday’s profit-taking, in line with gains across most regional markets.

Bursa Malaysia's Key Index Ends Flat Amid Mixed Regional Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 19 (Bernama) -- Bursa Malaysia’s benchmark index pared earlier losses, ending marginally lower after late buying lifted it to the day’s high of 1,712.33 at the close, amid mixed regional sentiment.

Bursa Malaysia Likely To Trade In Modest, Range-bound Trend Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia is expected to trade in a modest and range-bound trend next week, said an economist.