15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, tracking the underlying cash market.
15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 13 (Bernama) -- Bursa Malaysia is expected to maintain its upward trajectory and retest the 1,640 resistance level next week, having last reached a higher level of 1,642.33 points on Dec 31, 2024.
15d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, as investors are still drawn to the safe-haven asset following the United States (US) Federal Reserve (Fed) decision to cut interest rates for the third time this year.
15d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 13 (Bernama) -- The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.
15d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit continued its positive momentum, jumping to the 4.09 level against the US dollar at Friday’s close, hitting a new four-year-and-seven-month high, supported by positive Malaysian economic data.
15d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025.
16d ago
KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit opened firmer against the greenback for a second day, buoyed by softer US data and the Federal Reserve (Fed)’s 25-basis-point lending rate cut.
16d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.
16d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia’s key index closed higher today, supported by bargain hunting following the United States Federal Reserve’s (Fed) 25-basis-point cut to its benchmark rate, despite a downturn in regional markets.
17d ago
KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit opened at its strongest level in more than four years against the greenback after the US Federal Reserve (Fed) cut its benchmark lending rate by 25 basis points (bps).
17d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.
18d ago
KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.