Asian Stock Markets Close Lower

HONG KONG, March 9 (Bernama-Xinhua) -- Hong Kong's stock market ended lower on Monday with the benchmark Hang Seng Index down 1.35 per cent to close at 25,408.46 points, reported Xinhua.

Ringgit Opens Lower As Oil Surge Boosts US Dollar

KUALA LUMPUR, March 9 (Bernama) -- The ringgit opened lower against the US dollar on Monday as heightened risk aversion strengthened the greenback after Brent crude oil prices surged 15.5 per cent to US$107.04 per barrel, an analyst said.

Middle East Developments, US Economic Data to Guide Ringgit’s Direction Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, March 7 (Bernama) -- The ringgit is expected to trade cautiously against the US dollar next week as market sentiment continues to be shaped by developments in the Middle East, while investors will also keep a close watch on the trajectory of crude oil prices and upcoming US economic data.

Gold Futures Seen To Remain Under Pressure Next Week

KUALA LUMPUR, March 7 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to stay under pressure next week as higher US yields continue along its current trajectory.

Gold Futures End Lower On Firm US Dollar, Higher Real Yields

KUALA LUMPUR, March 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Friday due to rising US real yields and a still-firm US dollar.

Kenanga IB Sees BNM Maintaining OPR At 2.75 Pct Through 2026

KUALA LUMPUR, March 6 (Bernama) -- Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent through 2026, supported by manageable inflation and resilient domestic economic conditions, according to Kenanga Investment Bank Bhd (Kenanga IB). 

Ringgit Ends Higher Vs Major Currencies, Marginally Lower Against US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 6 (Bernama) -- The ringgit ended the week higher against most major currencies but edged slightly lower versus the US dollar as the greenback regained its strength on rising safe-haven demand amid the escalating Middle East conflict.

Strong Economic Fundamentals Pivotal To Maintaining Ringgit’s Strength, Says BNM Governor

KUALA LUMPUR, March 6 (Bernama) -- Malaysia’s strong economic fundamentals, positive growth prospects and ongoing reform measures will continue to support the ringgit in the face of conflict in the Middle East, said Bank Negara Malaysia (BNM). 

Ringgit Opens Nearly Flat Against US Dollar Amid Cautious Fx Sentiment

KUALA LUMPUR, March 6 (Bernama) -- The ringgit was nearly flat against the US dollar at Friday’s open as foreign exchange sentiment stayed cautious amid no signs of the Middle East crisis easing over the past week.

Ringgit Ends Lower As Middle East Conflict Lifts US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, March 5 (Bernama) -- The ringgit remained in a narrow trade and closed lower against the US dollar on Thursday, as heightened tensions in the Middle East weighed on market sentiment and supported the greenback.

Ringgit Edges Up Vs Greenback Ahead Of OPR Decision

KUALA LUMPUR, March 5 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday as traders shifted focus to the overnight policy rate (OPR) announcement later in the day, despite the ongoing conflict in the Middle East.

Ringgit Rebounds Against US Dollar On Renewed Demand

KUALA LUMPUR, March 4 (Bernama) -- The ringgit snapped a three-day losing streak to close higher against the US dollar on Wednesday, supported by renewed demand for the local currency, although trading remained range-bound as traders and investors stayed cautious in view of geopolitical risks.