Ringgit Opens Higher Against Greenback On Expected US Interest Rate Cut
KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.
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KUALA LUMPUR, Dec 18 (Bernama) --The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.
KUALA LUMPUR, Nov 18 (Bernama) -- Bursa Malaysia’s key index opened marginally higher today despite a weaker Wall Street showing last Friday, as analysts cautioned that the Trump-inspired rally may have run its course following the Republicans’ control of both the House and Senate.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy.
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia’s key index opened higher today on renewed buying interest, bucking the weaker Wall Street overnight performance.
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia turned mixed at midday today, backed by continuous buying in selected heavyweights amidst the weaker performance by regional peers.
KUALA LUMPUR, Nov 13 (Bernama) -- Bursa Malaysia opened lower today, tracking Wall Street’s weaker performance overnight ahead of US inflation data tonight.
KUALA LUMPUR, Nov 13 (Bernama) -- Malaysia’s gross domestic product (GDP) for the third quarter of 2024 (3Q 2024) is expected to moderate to 5.3 per cent year-on-year (y-o-y), supported by continued expansion across most sectors, particularly manufacturing and services, said Hong Leong Investment Bank Bhd (HLIB).
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia’s key index remained positive at midday today, mainly boosted by plantation stocks.
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia was in negative territory at midday today, dragged down by continued selling activities led by the utilities stocks amid a lack of new catalysts, analysts said.
By Zufazlin Baharuddin
KUALA LUMPUR, Oct 18 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by a rebound in benchmark crude oil prices and an increase in Shanghai rubber futures amid concerns over limited natural rubber supply caused by adverse weather in producing countries.
KUALA LUMPUR, Oct 18 (Bernama) -- BMI, a unit of Fitch Solutions, has forecast household spending to grow by 5 per cent year-on-year in 2025, in real terms, to a value of RM952.6 billion.
KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by profit-taking as markets digested the latest corporate earnings in the United States (US), analysts said.