Bursa Malaysia Likely To Trade Range-Bound With Positive Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia is expected to remain range-bound within the 1,710–1,740 levels with a positive bias next week, an analyst said.

Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Gold Futures Expected To Hold Firm Next Week On Lower Rate-Hike Odds

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.

Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

ASM 2 Wawasan Declares income Distribution Amounting To RM1.31 Bln, Highest In 7 Years

KUALA LUMPUR, Aug 28 (Bernama)-- Permodalan Nasional Bhd’s (PNB) wholly-owned unit trust management company, Amanah Saham Nasional Bhd (ASNB), has announced a RM1.31 billion income distribution for its fixed price fund, Amanah Saham Malaysia 2 – Wawasan (ASM 2 Wawasan).

Ringgit Ends Lower Against Greenback On Cautious Sentiment Ahead Of Fed Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit ended lower against the greenback on Thursday amid cautious sentiment ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

Bursa Malaysia Ends Mixed As Profit-taking Emerges Ahead of Long Weekend

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended mixed on Thursday, as investors took profit ahead of the long weekend.

Ringgit Up Against Greenback On Softer US Treasury Yields Ahead Of Jackson Hole Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.

Ringgit Opens Higher Against US Dollar As US Treasury Yields Ease

KUALA LUMPUR, Aug 26 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by a softer greenback and easing US Treasury yields, said an analyst. 

Asia-Pacific Region To Grow 4.2 Pct; AI Boom To Cushion Headwinds

KUALA LUMPUR, Aug 25 (Bernama) -- Moody’s Analytics expects growth across the Asia-Pacific region to moderate to 4.2 per cent this year from 4.3 per cent in 2025, before slowing further to 3.6 per cent next year, as higher prices and tighter policy weigh on demand.

Asia-Pacific Airlines To Maintain Growth Despite Cost Headwinds - S&P

KUALA LUMPUR, Aug 25 (Bernama) -- Asia-Pacific airlines are strengthening their defences against industry headwinds by continuing to invest heavily in fuel-efficient aircraft, supported by long-term demand prospects, lower debt following the pandemic and a diverse funding mix, S&P Global Ratings said.

Ringgit Opens Higher Against US Dollar, Other Major Currencies

KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday, supported by Malaysia’s strong economic data, an analyst said.