Ringgit Ends Marginally Higher Against US Dollar, S&P Rating Supports Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 29 (Bernama) -- The ringgit strengthened marginally against the US dollar on Tuesday, with market sentiment supported by S&P Global Ratings’ reaffirmation of Malaysia’s ‘A-’ sovereign credit rating with a stable outlook.

Gold Futures Likely To Trade Between US$4,200 And US$4,400 Next Week

By K. Naveen Prabu

KUALA LUMPUR, Sept 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,200 and US$4,400 per troy ounce next week, with oil prices, bond yields and the US dollar expected to influence market direction.

Ringgit Closes Higher Against US Dollar Despite Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit closed higher against the US dollar on Friday, driven by bargain-hunting activity despite expectations of further US interest rate hikes.

Ringgit Ends Higher Against Major Currencies, Eases Versus US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit ended higher against major currencies on Thursday but weakened against the greenback as upbeat United States economic data reinforced expectations of further interest rate hikes by the US Federal Reserve (Fed).

Ringgit Opens Higher Against Major Currencies, Lower Vs US Dollar

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened higher against major currencies but edged lower against the US dollar on Thursday, as stronger US economic data and expectations of further interest rate hikes by the US Federal Reserve (Fed) supported the greenback.

Ringgit Ends Higher Against Major Currencies, Weakens Versus US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit ended higher against major currencies on Wednesday but weakened against the greenback as expectations of further interest rate hikes by the United States Federal Reserve (Fed) continued to support the US dollar.

Bursa Malaysia Opens Lower As Investors Take Profits Amid US-Iran Talks

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia opened lower on Wednesday as investors took profits in selected heavyweights, paring recent gains amid ongoing United States-Iran talks.

Ringgit Opens Higher Against US Dollar As Oil Prices Ease

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by easing Brent crude oil prices and geopolitical concerns.

Ringgit Closes Slightly Higher Against US Dollar Amid Cautious Sentiment

By K. Naveen Prabu

KUALA LUMPUR, Sept 22  (Bernama) -- The ringgit closed marginally higher against the US dollar on Tuesday, trading within a narrow range as investors remained cautious ahead of key geopolitical developments this week.

Rubber Market Extends Gains On Upbeat Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- The Kuala Lumpur rubber market extended gains on Tuesday, closing higher on firmer regional rubber futures and continued supply tightness due to El Nino, a dealer said.

Gold Futures Close Lower On US Interest Rate Uncertainty

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Monday as uncertainty over the US Federal Reserve's (Fed) interest rate outlook weighed on the precious metal.

Ringgit Opens Mixed Against Major, ASEAN Currencies After BOJ Rate Hike

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit opened mixed against major and ASEAN currencies on Monday as investors assessed the Bank of Japan’s (BOJ) rate hike on Friday.