1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) reversed yesterday’s gains to close lower on Wednesday as investors took profit amid the negative performance of regional peers.
1y ago
KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened flat against the US dollar but rose versus other major currencies amid rising greenback demand, following the release of key United States (US) economic data yesterday, said an analyst.
1y ago
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar, remaining within a narrow range next week.
1y ago
KUALA LUMPUR, Jan 4 (Bernama) -- Bursa Malaysia is likely to remain cautious next week as investors are bracing for a cautious start to 2025, with eyes fixed on the US President Inauguration Day scheduled on Jan 20, said an analyst.
1y ago
KUALA LUMPUR, Jan 3 (Bernama) -- The local rubber market continued to close lower on Friday, in tandem with a downtrend in the regional rubber futures markets due to underwhelming global factory activity data that signalled a rocky economic outlook, a dealer said.
1y ago
KUALA LUMPUR, Jan 2 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon in line with most regional markets amid weak sentiment ahead of the impending return of Donald Trump to the White House later this month.
1y ago
By Norsyafawati Ab Wahab
KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit emerged as the best-performing currency in Asia in 2024, standing out among major regional peers amid a challenging global economic landscape.
1y ago
By Harizah Hanim Mohamed and Danni Haizal Danial Donald
KUALA LUMPUR, Dec 31 (Bernama) -- Malaysia's equity market delivered a commendable performance in 2024, earning a solid grade close to an “A”, with several key milestones achieved throughout the year, laying the foundation for the main index to reach 1,800 next year, with 50 new listings anticipated.
1y ago
KUALA LUMPUR, Dec 30 (Bernama) -- The ringgit opened flat against the US dollar today, weighed down by a lack of catalysts during the holiday-shortened week, an analyst said.
1y ago
KUALA LUMPUR, Dec 21 (Bernama) -- Bursa Malaysia is expected to maintain its sideways pattern next week until new catalysts emerge, according to Rakuten Trade Sdn Bhd.