1y ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 27 -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.
1y ago
KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.
At 8 am, the ringgit strengthened to 4.3710/3790 against the greenback, compared to Friday's close of 4.3750/3800.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain within the RM4.37 to RM4.38 range, an economist said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit jumped to its highest level in almost three months against the US dollar at the close on Friday after US President Donald Trump adopted a softer tone on China tariffs and signalled that he wanted lower interest rates.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives has taken a breather after its recent sharp surge, as concerns over United States (US) President Donald Trump's tariff policies have eased.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 22 (Bernama) – The local rubber market displayed mixed trends as sentiment turned bearish after US President Donald Trump hinted at his intention to impose 10 per cent tariffs on Chinese imports from Feb 1, a dealer said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 21 (Bernama) -- The local rubber market ended higher on Tuesday in line with most of its regional peers as sentiment was lifted after the United States (US) delayed imposing tariffs on China, a dealer said.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, supported by buying activity in selected heavyweight stocks, particularly in industrial products and services, utilities, and financial services.