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KUALA LUMPUR, March 3 (Bernama) -- The ringgit is expected to rise against the US dollar this year, averaging at RM4.23 against the greenback but at a slower pace due to evolving US monetary policy, according to MIDF Amanah Investment Bank Bhd.
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KUALA LUMPUR, March 3 (Bernama) -- Bursa Malaysia turned mixed at midday, following the broadly positive cues from Wall Street’s performance last Friday as investors brushed off concerns over rising tensions between Ukraine and the United States (US).
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KUALA LUMPUR, March 3 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday amid cautious trading ahead of the United States government’s import tariff imposition on Canada and Mexico as well as China.
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By Siti Noor Afera Abu
KUALA LUMPUR, March 1 (Bernama) -- The gold futures market on Bursa Malaysia Derivatives is expected to trade in cautious mode next week but well supported, taking its cue from US COMEX gold futures.
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KUALA LUMPUR, March 1 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) to trade within a narrow range as investors evaluate key economic developments, according to an analyst.
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KUALA LUMPUR, March 1 (Bernama) -- The ringgit is expected to range between RM4.45 and RM4.47 versus the greenback next week as the market sentiment remains cautious over US tariff policies.
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By Siti Noor Afera Abu
KUALA LUMPUR, Feb 28 (Bernama) -- The ringgit closed lower against the US dollar on Friday as concerns over an escalating trade war weighed on sentiment.
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KUALA LUMPUR, Feb 28 (Bernama) -- Cautious market sentiment and a lack of local catalysts have led the ringgit to trade easier against the US dollar at the opening today.
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KUALA LUMPUR, Feb 27 (Bernama) -- The ringgit opened marginally higher against the US dollar amid mixed market sentiment with the US Federal Reserve which is likely to continue its interest rate cuts with bond yields sliding amid uncertainties over tariffs.
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By Karina Imran
KUALA LUMPUR, Feb 26 (Bernama) -- The Employees Provident Fund (EPF) is projected to announce a dividend rate of between 6.0 per cent and 6.2 per cent for 2024, supported by robust global and domestic economic conditions, said an analyst.
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KUALA LUMPUR, Feb 26 (Bernama) -- The ringgit rebounded against the US dollar at the opening today after a weaker-than-expected US consumer confidence report weighed on the greenback, reinforcing the narrative that monetary policy easing in the United States should remain intact this year.
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KUALA LUMPUR, Feb 25 (Bernama) -- Bursa Malaysia continued its downtrend at midday on selling pressure across the board and in tandem with regional markets amid the weaker overnight Wall Street performance, said an analyst.