Gold Futures Seen Trading Sideways With Slight Downward Bias Next Week
KUALA LUMPUR, July 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade sideways with a slight downward bias next week.
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Ringgit Opens Higher Against Major Currencies, Flat Vs US Dollar
KUALA LUMPUR, July 17 -- The ringgit opened higher against most major currencies but was flat against the US dollar on Friday, as investors remained cautious ahead of the release of Malaysia’s advance estimate for the second quarter (2Q) gross domestic product (GDP) today, an analyst said.
Ringgit Firms As Us Rate Hike Expectations Recede
By Abdul Hamid A Rahman
KUALA LUMPUR, July 16 (Bernama) -- The ringgit ended marginally higher against the US dollar today, supported by softer-than-expected United States (US) inflation data and reduced expectations of a near-term rate hike.
Bursa Malaysia Ends Higher On Broad-based Buying
By Siti Noor Afera Abu
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.
Bursa Malaysia Higher At Midday
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.
Bursa Malaysia Opens Higher, Tracking Wall Street Gains
KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.
Ringgit Rises As Soft US Data Weighs On Greenback
KUALA LUMPUR, July 16 (Bernama) -- The ringgit extended its gains against the US dollar at Thursday's opening, supported by weaker-than-expected US economic data, an analyst said.
Rubber Market Ends Lower On Expectation Of Higher Supply From Thailand
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, July 15 (Bernama) -- The Kuala Lumpur rubber market closed lower on Wednesday, despite gains across regional rubber futures markets.
Bursa Malaysia Ends Lower, Weighed By Profit-taking In Banking, Energy Stocks
By Siti Noor Afera Abu
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia’s key index closed lower as investors locked in profits following three consecutive sessions of gains, with banking and oil and gas counters leading the decline.
Bursa Malaysia Lower At Midday On Profit-Taking
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia trended lower at midday, weighed down by profit-taking, mainly in the banking and utilities counters.
Bursa Malaysia Opens Higher Ahead Of 2Q GDP Estimate
KUALA LUMPUR, July 15 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by improved investor sentiment ahead of Malaysia's advance estimate for second-quarter (2Q) gross domestic product (GDP), while tracking Wall Street's mostly positive performance.
Ringgit Opens Higher Vs US Dollar Amid Uncertainties In West Asia
KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, amid uncertainties in the Strait of Hormuz, which lifted global crude oil prices, an analyst said.