Ringgit Retreats On Profit-taking As Hopes For Another Oversized US Interest Rate Cut Fade

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 1 (Bernama) --The ringgit closed lower against the US dollar on Tuesday on profit-taking after recent sharp gains, in line with other regional currencies, as the United States signalled a lower interest rate cut going forward.

Bursa Malaysia Opens Lower On Mild Selling In Key Sectors

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower today, extending yesterday's losses amid mild selling in plantation, consumer products and services counters, according to an analyst.

Bursa Malaysia Opens Lower Amid Wall Street's Record Gains

KUALA LUMPUR, Sept 30 (Bernama) -- Bursa Malaysia opened marginally lower on Monday as some investors engaged in profit-taking, reflecting cautious sentiment across regional markets, despite last week's record gains on Wall Street, according to an analyst.

Ringgit Extends Gains, Opens At 4.1150 Vs US Dollar 

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit extended last week's gains, opening stronger against the US dollar on Monday, supported by ongoing positive sentiment towards the local currency, an analyst said.

CPO Futures Likely To Trade Sideways Next Week

KUALA LUMPUR, Sept 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways next week, as traders are searching for market factors due to the coming Golden Week holidays in China, a dealer said.

Ringgit Set For Further Appreciation Amid Cautious Outlook On US Economic Data

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit is expected to continue appreciating next week, despite traders remaining cautious about key United States economic indicators, said an analyst.

CPO Futures Ends Lower As Traders Book Profit After Recent Rally

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 27 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday, reversing some of the earlier gains, as traders booked profits amid the recent rally in price, a dealer said.

Ringgit Regains Strength Against US Dollar At Opening

KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst. 

Ringgit Retreats To 4.13 At Opening As Investors Take Profits

KUALA LUMPUR, Sept 26 (Bernama)  -- The ringgit retreated against the US dollar on Thursday, taking a breather from recent gains as investors cashed out profits following its considerable appreciation, an economist said.

Bursa Malaysia Opens Higher, Tracking Wall Street's Overnight Performance 

By Karina Imran

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia rebounded from yesterday’s losses to open higher today, tracking Wall Street’s overnight upbeat performance, said an analyst.

EBC Bolsters Global Leadership With BrokersView Best Trading Experience Award

KUALA LUMPUR, Sept 23 (Bernama) -- EBC Financial Group (EBC) has been awarded the “Best Trading Experience” Award recently at the BrokersView Award Ceremony in Vietnam, once again solidifying its position as a world-class leader in the financial industry specialising in forex, contract for differences (CFDs), and stocks.

Govt Needs To Address Gaps In National Grids To Foster Renewable Energy Production

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 23 (Bernama) -- The Malaysian government should allocate more resources to improve the national grid and substations, said Singapore's Asiarecs Pte Ltd.