Bargain Hunting Lifts Bursa Malaysia To Open Higher
KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
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KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
By Engku Shariful Azni Engku Ab Latif, Karina Imran & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit closed lower against the US dollar for the third consecutive day as concerns over the impact of the United States (US) import tariff on steel and aluminium industries supported the greenback.
KUALA LUMPUR, Feb 8 (Bernama) -- The ringgit is expected to trade within the 4.40-4.45 range against the US dollar next week, driven by trade developments and broader risk sentiment, said Kenanga Investment Bank Bhd.
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week on sustained demand for safe-haven assets like gold.
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit ended the week slightly lower against the US dollar, as cautious market sentiments prevailed due to uncertainties over the United States’ (US) tariff policies.
By Danni Haizal Danial Donald and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Feb 7 (Bernama) -- The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
By Danni Haizal Danial Donald and Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Feb 6 (Bernama) -- The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit appreciated further against the US dollar today amid fears on US tariff hikes and the expectation that the US Federal Reserve (Fed) would maintain interest rates later this year, said an analyst.
By Danni Haizal Danial Donald
KUALA LUMPUR, Feb 5 (Bernama) -- Malaysia must adopt a proactive approach to mitigate risks and capitalise on emerging opportunities as the global trade landscape shifts due to the import tariff hike by the United States, said an economist.
KUALA LUMPUR, Feb 3 (Bernama) -- MIDF Amanah Investment Bank Bhd’s research arm, MIDF Research, expects the ringgit to appreciate with an average rate of RM4.23 versus the US dollar this year.
By Siti Radziah Hamzah
KUALA LUMPUR, Feb 3 (Bernama) -- The ringgit weakened against the US dollar on Monday, primarily due to the latest tariff imposition by the United States on Canada, Mexico, and China, according to analysts.