Ringgit To Trade Cautiously Next Week Ahead Of FOMC Meeting
KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.
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KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.
KUALA LUMPUR, June 12 (Bernama) -- Selected blue-chip counters trading at attractive valuations helped Bursa Malaysia close higher on Friday, despite cautious market sentiment driven by developments in West Asia, volatility in crude oil prices and uncertainty over the global interest rate outlook.
KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia opened higher on Friday, taking cues from Wall Street, which staged a sharp rally led by technology stocks after United States (US) President Donald Trump made positive remarks regarding the prospects for a deal in West Asia.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia ended marginally higher after trading within a narrow range, supported by selective buying that offset profit-taking activities.
KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s stock market remains resilient and competitive amid global supply chain and geopolitical headwinds, said Economy Minister Akmal Nasrullah Mohd Nasir.
KUALA LUMPUR, June 11 (Bernama) -- Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim’s credibility and leadership continue to be key factors in boosting foreign investor confidence, particularly from Japan, in the country’s economic prospects during his official visit to Japan, said Bank Rakyat chairman Datuk Mohd Irwan Mohd Mubarak.
By Abdul Hamid A Rahman
KUALA LUMPUR, June 11 (Bernama) -- The ringgit opened higher against major currencies today but eased marginally against the US dollar after stronger-than-expected United States inflation reinforced expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.
SEPANG, June 10 (Bernama) -- Malaysia’s first airport ultra-fast electric vehicle (EV) charging station is set to be developed at Kuala Lumpur International Airport Terminal 2 (KLIA T2), marking a significant milestone in the country’s green mobility infrastructure.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 10 (Bernama) -- Bursa Malaysia closed higher on Wednesday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.
KUALA LUMPUR, June 10 (Bernama) -- Resilient domestic demand and still-contained underlying inflation should allow Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) at 2.75 per cent throughout 2026, said Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, June 9 (Bernama) – The ringgit remains among the best-performing currencies in the region this year, supported by strong investment inflows and Malaysia’s economic fundamentals despite heightened global uncertainties, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia ended lower on Tuesday as investors adopted a cautious stance amid external uncertainties, keeping a close watch on the upcoming United States inflation as well as developments surrounding the fragile Israel-Iran ceasefire.