1y ago
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia maintained its upward momentum throughout the trading session today to close off its day’s high, buoyed by persistent buying in selected heavyweights led by financial services counters, amid the mostly upbeat performance in regional bourses.
1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 25 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, supported by an upward momentum in regional rubber futures markets amid natural rubber supply disruption concerns, said a dealer.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Malaysia is strengthening ties with international markets to avoid a strict bifurcation of the global semiconductor supply chain, particularly as more protectionist measures may be in store following Donald Trump’s victory in the United States (US) presidential election.
1y ago
By Zarul Effendi Razali
KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia’s barometer index remained in positive territory at midday on continued buying in selected heavyweights, in sync with the mostly higher regional market performance.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- Bursa Malaysia extended last week’s momentum to open higher today, tracking the better overnight performance on Wall Street as investors continued to bet on “buy crypto and dollar” following Donald Trump’s election victory.
1y ago
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 23 (Bernama) -- Bursa Malaysia is anticipated to trade within a tight range of 1,600 to 1,610 next week, with 1,600 remaining a key psychological and technical threshold, reflecting Malaysia’s resilient economic backdrop.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 23 (Bernama) -- The ringgit is expected to remain within a tight trading range, moving between RM4.46 and RM4.48 next week, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.
1y ago
KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.