5m ago
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia finished at its intra-day high for the second straight session on Thursday, driven by global optimism and the latest round of government fiscal aid that led investors to be back in the local market.
5m ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 24 (Bernama) -- The targeted fiscal measures announced by Prime Minister Datuk Seri Anwar Ibrahim on Wednesday are anticipated to enhance near-term consumption, especially for essential goods and household items, according to Kenanga Investment Bank Bhd (Kenanga IB).
5m ago
KUALA LUMPUR, July 24 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Thursday, supported by improved market sentiment following the latest fiscal support measures.
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives settled higher on Wednesday, buoyed by a softer US dollar and easing United States (US) Treasury yields, said an analyst.
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 23 (Bernama) -- The ringgit extended its gains against the US dollar at Wednesday’s close, lifted by the latest fiscal support measures announced by the government as foreign funds flocked into the local equity market, said an analyst.
The local currency was also supported by optimism following the US-Japan trade deal which boosted Asian equity and foreign exchange markets across the board.
5m ago
KUALA LUMPUR, July 23 (Bernama) -- The ringgit edged higher against the US dollar in early trade, driven by cautious market sentiment ahead of the Aug 1 tariff deadline.
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 22 (Bernama) -- The ringgit closed higher against the US dollar on Tuesday, amid a mixed performance in regional currencies, as investors adopted a wait-and-see approach ahead of the United States (US) tariff negotiation deadline, an analyst said.
5m ago
By Siti Radziah Hamzah
KUALA LUMPUR, July 22 (Bernama) -- The ringgit appreciated against the US dollar in early trade, tracking US dollar softness as markets price in uncertainty ahead of the Aug 1 tariff decision by the United States (US).
5m ago
KUALA LUMPUR, July 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, driven by safe-haven demand ahead of the Aug 1 deadline for potential new tariffs on the European Union (EU).
5m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, July 21 (Bernama) -- The ringgit extended its gains against the US dollar at Monday’s close, as the greenback struggled to appreciate amid political uncertainties in Japan, said an analyst.
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 19 (Bernama) -- The ringgit is expected to hover around RM4.24 to RM4.26 next week amid mixed signals in the market.
5m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, July 19 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to be well supported into next week and trend higher within a stable range of US$3,320 to US$3,380, barring a sharp reversal in bond market sentiment, said SPI Asset Management managing partner Stephen Innes.