4m ago
By Zufazlin Baharuddin
KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit closed lower against the US dollar ahead of the release of the Federal Open Market Committee (FOMC) meeting minutes this week.
4m ago
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Aug 13 (Bernama) -- The Malaysian rubber market closed lower today, influenced by the weaker United States (US) economic data reported yesterday, and the mixed trend in regional rubber futures markets, said a dealer.
4m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher today, mirroring Wall Street’s overnight rally after the latest US consumer price index figure came in slightly below expectations, thus paving the way for a possible Federal Reserve rate cut next month.
4m ago
KUALA LUMPUR, Aug 11 (Bernama) -- MBSB Investment Bank Bhd has maintained a “neutral” call on the banking sector as headwinds persist, while tailwinds vary on a case-by-case basis, with the market continuing to watch this week’s key economic data release.
MBSB expected a drag from net interest margin compression, with non-inte
4m ago
KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, extending gains, after United States (US) economic data reinforced expectations of an imminent interest rate cut at the Federal Reserve’s next policy meeting, an economist said.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 7 -- Bursa Malaysia rebounded from a subdued morning session to close at its intraday high on Thursday, driven by sustained buying interest in selected heavyweights, particularly in the utilities and technology sectors, amid upbeat regional markets.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia opened slightly lower on Wednesday, tracking Wall Street’s decline as sentiment turned cautious following weak US economic data and tariff announcements by President Donald Trump on the semiconductor and pharmaceutical sectors.
4m ago
KUALA LUMPUR, Aug 6 (Bernama) --The ringgit opened higher against the US dollar on Wednesday, supported by weaker United States (US) economic data that weighed on the greenback and prompted investors to reassess market sentiment, an economist said.
4m ago
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia ended the morning session higher, lifted by stronger buying interest following the 13th Malaysia Plan (13MP) announcement, with market sentiment leaning towards the upcoming United States (US) economic data release.
4m ago
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia retreated from last week’s gains to open lower on Monday, tracking Wall Street’s losses last Friday as investors remain concerned over weaker US economic data coupled with impacts from President Donald Trump’s tariff war.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Aug 1 (Bernama) -- Bargain hunting pushed Bursa Malaysia to end the week higher as investors cheered the United States (US) tariff reduction on all Malaysian products entering the country, coupled with positive market sentiment following the announcement of the 13th Malaysia Plan (13MP).
4m ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, July 31 (Bernama) -- The Malaysian rubber market has continued to end lower today, tracking losses in regional rubber futures markets and crude oil prices, a dealer said.