Ringgit Closes Higher Against Greenback On News of US-Iran Peace Deal

By K. Naveen Prabu

KUALA LUMPUR, June 15  (Bernama) -- The ringgit closed higher against the US dollar on Monday as risk sentiment improved on news that the United States and Iran will sign a peace deal on Friday.

Bursa Malaysia Ends Higher, Tracking Asian Peers On Improved Global Sentiment

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia ended the morning session in positive territory, in line with gains across Asian markets and mirroring Wall Street’s overnight rally.

Foreigners Extend Selling Streak In Asia, Reaching US$13.61 Bln Total Outflows - MBSB IB

KUALA LUMPUR, June 15 (Bernama) -- Foreign investors extended a two-week net selling streak across the eight markets in Asia, with net foreign outflows totalling US$13.61 billion (US$1=RM4.04), according to MBSB Investment Bank Bhd (MBSB IB).

Improved Market Sentiment Lifts Ringgit At Opening

KUALA LUMPUR, June 15 (Bernama) -- The ringgit extended its upward momentum, opening firmer on Monday against the US dollar and other major currencies, supported by improved risk sentiment following signs of easing geopolitical tensions.

Bursa Malaysia Gains At Opening On Renewed Buying In Technology Stocks

KUALA LUMPUR, June 15 (Bernama) -- Bursa Malaysia opened higher on Monday, tracking overnight gains on Wall Street as investors returned to technology stocks, which continue to benefit from the ongoing artificial intelligence (AI) supercycle.

KLCI Futures Open Higher

KUALA LUMPUR, June 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Monday, tracking the underlying cash market performance. 

Malaysia Weathers 100 Days Of Global Energy Crisis, Supplies Remain Stable

PUTRAJAYA, June 14 (Bernama) -- Malaysia remains in a relatively strong position with sufficient supplies of fuel, food and essential medicines, thanks to early intervention and coordinated crisis management efforts, says Prime Minister's Economic Adviser Nurhisham Hussein.

Higher BI-Rate, Fuel Price Hike Test Indonesia's Economic Balancing Act

By Nik Nurfaqih Nik Wil

JAKARTA, June 13 (Bernama) -- Indonesia's decision to raise the BI-Rate and increase non-subsidised fuel prices within days highlights the government's effort to support the rupiah and ease fiscal pressures, although the measures are expected to add pressure on households and businesses, analysts say.

Rubber Market Likely Volatile, Mild Downtrend Next Week - Analyst

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 13 (Bernama) -- The Malaysian rubber market is anticipated to remain volatile next week, displaying a slight downward trend due to ongoing global uncertainties, said industry expert Denis Low.

KLCI Futures Likely To Remain Positive Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.

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.