Ringgit Ends Higher Vs Greenback Ahead of US Inflation Data

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

Gold Futures Climb as Fed Rate Hike Expectations Ease

KUALA LUMPUR, Aug 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher as reduced expectations of a US Federal Reserve (Fed) rate hike boosted demand for the precious metal.

Ringgit Expected To Stabilise By End-August – Kenanga IB

KUALA LUMPUR, Aug 10 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the ringgit to stabilise by end-August as the US dollar gives back some of its earlier gains following the US Federal Reserve’s (Fed) decision to keep interest rates unchanged at its July meeting.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, Aug 10 (Bernama) -- Bursa Malaysia opened higher on Monday, taking cues from gains on Wall Street on Friday.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Aug 10 (Bernama) -- The ringgit opened higher against the US dollar on Monday on weaker United States (US) non-farm payrolls (NFP) data.

KLCI Futures Likely To Trade Within 1,720-1,750 Range Next Week

By Engku Shariful Azni Engku Ab Latif & Karina Imran

KUALA LUMPUR, Aug 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias within 1,720-1,750 range next week, said an analyst.

Gold Futures Expected To Hover Around US$4,250-US$4,350 Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to extend their gains next week, supported by firmer spot gold prices, which are projected to hit between US$4,250 and US$4,350 per troy ounce, while also tracking COMEX gold performance.

Ringgit To Remain Range-bound At 4.07-4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week, trading between RM4.07 and RM4.09 as investors stay cautious over the direction of the United States interest rates, an analyst said.

Bursa Malaysia Seen Trading With An Upward Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia is expected to trade with an upward bias as investors continue to assess external geopolitical developments and resilient domestic economic conditions, said an analyst. 

Ringgit Eases Against US Dollar As Investors Await Key Us Data

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit ended the week marginally lower against the US dollar as investors remained cautious ahead of the release of key United States (US) labour market data, while expectations over the US Federal Reserve's (Fed) interest rate path continued to support the greenback, analysts said.