18d ago
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit steadily opened at 3.96 against the US dollar this morning, amid talks of possible currency intervention by the United States and Japanese authorities intensified.
18d ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit spiralled to breach the 4.00 psychological level at the close today against the US dollar, as the currency extended its uptrend that began last week, reflecting improving sentiment toward the country’s economic fundamentals and policy stability.
18d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its upward momentum to close at its highest level in more than seven years, supported by strong buying interest in blue-chip stocks from both local institutional and foreign investors, an analyst said.
18d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia’s key benchmark index surged to its highest level in more than seven years at mid-afternoon, lifted by the ringgit's continued strength against the US dollar which drew traders' focus towards domestic-oriented sectors, especially the financial services counters.
18d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s gold price is on track to surpass RM700 per gram going forward, supported by a softer US dollar and as the ringgit continues to strengthen, said analysts.
18d ago
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit continued its momentum to trade at 3.9665 against the US dollar after lunch break today, marking a fresh high since May 22, 2018, when it last stood at 3.9655.
19d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Malaysia’s fundamentals “remain encouraging,” supported by quality foreign direct investment (FDI) inflows, upbeat growth, a wider trade surplus and a clear commitment to fiscal consolidation, said OCBC Group Research.
19d ago
KUALA LUMPUR, Jan 26 (Bernama) -- Bursa Malaysia extended its gains at midday on sustained buying interest in selected heavyweight stocks, led by financial counters, amid a mixed regional market performance, said an analyst.
19d ago
KUALA LUMPUR, Jan 26 (Bernama) -- The ringgit opened firmer against the US dollar on Monday, hovering near its strongest level in more than seven years following a boost in risk appetite amid Bank Negara Malaysia’s decision to maintain the overnight policy rate and a weaker US dollar index.
21d ago
KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade lower next week amid profit-taking activities following easing geopolitical tensions.
21d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade higher as investors remain constructive towards the local note, aiming to break the 4.00-level again next week.
21d ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia is expected to rise further next week, supported by steady buying interest and strengthening overall sentiment.