Ringgit Eases Versus Greenback On Profit-taking After Recent Gains
By Zufazlin Baharuddin
KUALA LUMPUR, April 15 (Bernama) -- The ringgit closed lower against the US dollar today on profit-taking following recent gains, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, April 15 (Bernama) -- The ringgit closed lower against the US dollar today on profit-taking following recent gains, said an analyst.
KUALA LUMPUR, April 15 (Bernama) -- Bursa Malaysia erased early gains to end slightly lower on Wednesday, as profit-taking emerged in selected heavyweight counters mainly in financial services and utilities sectors.
By Danni Haizal Danial Donald
KUALA LUMPUR, April 14 (Bernama) -- Bursa Malaysia ended Tuesday’s trading session higher, in line with gains across regional markets, as sentiment improved on expectations of potential peace talks between the United States (US) and Iran.
By Siti Noor Afera Abu
KUALA LUMPUR, April 13 (Bernama) -- Malaysia’s short-term economic impact is expected to remain manageable, despite the impasse in United States (US)-Iran peace talks, said economists.
By Siti Radziah Hamzah
KUALA LUMPUR, April 11 (Bernama) -- Bursa Malaysia’s benchmark index is likely to break above the 1,700 psychological level in the coming week on firmer sentiment, alongside oil price stabilisation, supportive external momentum and easing volatility, and a turn in foreign fund flows, said an analyst.
By Siti Radziah Hamzah
KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia closed lower on Thursday following the weaker performance of regional peers.
By Siti Radziah Hamzah
KUALA LUMPUR, April 8 (Bernama) -- Bursa Malaysia ended broadly higher, with the benchmark index rising 1.16 per cent to close near the 1,700 mark, supported by positive sentiment following news of a two-week ceasefire between the United States (US) and Iran, which includes Tehran allowing safe passage through the Strait of Hormuz.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.
By Karina Imran
KUALA LUMPUR, April 4 (Bernama) -- Trading on Bursa Malaysia is expected to remain cautious and range-bound next week, as the local bourse continues to be confined within the 1,680–1,740 range driven by the West Asia conflict, said an economist.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.
By Zufazlin Baharuddin
KUALA LUMPUR, April 3 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Friday, as markets positioned for a softer US non-farm payrolls (NFP) reading, weighing on the greenback and lending support to regional currencies.