BNM Unlikely To Follow US Fed Rate Cut, Eyes Domestic And Global Conditions

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- Bank Negara Malaysia (BNM) is unlikely to move in direct lockstep with the US Federal Reserve’s (Fed) aggressive move which slashed interest rates by a half-point during its Federal Open Market Committee (FOMC) meeting yesterday.

Bursa Malaysia Slightly Higher In Early Trade

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia's benchmark index opened slightly higher despite a weaker Wall Street performance overnight as the US Federal Reserve cut interest rate by half a point.  

Ringgit Opens Slightly Lower Against US Dollar, Rises Vs Other Major Currencies

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).

FBM KLCI Pares Loss At Close Amid Market Uncertainty Ahead Of Expected US Rate Cut

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama)  -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.

Rubber Market Ends Mixed In Tandem With Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 18 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday in tandem with regional rubber futures markets as strong United States (US) economic data weakened prospects of an aggressive US interest rate cut, said a dealer.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia ended the morning session lower as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.

HLIB : Malaysia In Strong Position Amid US Election Uncertainty

KUALA LUMPUR, Sept 18 (Bernama) -- Hong Leong Investment Bank (HLIB) Bhd believes that Malaysia’s neutral geopolitical stance places it in a stronger position to manage potential external policy shifts that may arise in the United States (US) after its Nov 5 elections.

Bursa Malaysia Weaker In Early Trade, Tracking Wall Street's Muted Overnight Performance

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia traded flat to lower during the early morning trade, taking its cue from Wall Street’s muted overnight performance as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut.

Ringgit Opens Easier Vs USD Ahead Of US Fed Meeting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 18 (Bernama) -- The ringgit opened lower against the US dollar today, as market participants adopted a wait-and-see approach ahead of the United States (US) Federal Open Market Committee’s (FOMC) decision on interest rate cuts.

Ringgit Appreciates 7.86 Pct Year-to-date Against US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 17 (Bernama) -- The ringgit has appreciated by 7.86 per cent year-to-date, reaching another 20-month high against the US dollar as the markets approach the United States Federal Open Market Committee (FOMC) meeting.

FBM KLCI Rises As Investors Chase Glove Counters Amid Expectation For Outsized US Rate Cut

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended the morning session higher, ahead of the US Federal Reserve’s (Fed) interest rate decision tomorrow, with sentiment lifted by rising expectations for an oversized rate cut.