Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data
KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
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KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.
KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 4 (Bernama) -- The Kuala Lumpur rubber market rebounds to end higher on Tuesday, supported by gains in regional rubber futures, firmer crude oil prices and encouraging global manufacturing data, said a dealer.
KUALA LUMPUR, Aug 4 (Bernama) -- The ringgit is expected to average around RM4.01 against the US dollar in 2026 and potentially ease to RM4.03 by end-2026, underpinned by expectations of fund flows returning to emerging markets, including Malaysia, in the latter part of the year.
KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.
KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's economy could record another year of growth exceeding 5.0 per cent, supported by robust exports and resilient domestic spending, said MBSB Investment Bank Bhd.
By Engku Shariful Azni Engku Ab Latif & Karina Imran
KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia ended marginally higher on Monday supported by late buying in selected large-cap stocks amid improving investor sentiment, despite lingering geopolitical uncertainties, an analyst said.
KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve’s interest rate outlook.
By Abdul Hamid A Rahman
KUALA LUMPUR, Aug 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a tight range of between US$4,050 and US$4,100 per troy ounce next week, with an upward bias.
KUALA LUMPUR, July 31 (Bernama) -- ViTrox Corporation Bhd's share price climbed on Friday after the company reported a sharp increase in net profit for the second quarter ended June 30, 2026 (2Q FY2026), to RM85.04 million from RM28.13 million a year earlier.
By Abdul Hamid A Rahman
KUALA LUMPUR, July 30 (Bernama) -- The ringgit closed mostly higher against regional currencies and was flat against the US dollar on Thursday, following the latest US Federal Open Market Committee (FOMC) decision to stand pat.
By Zufazlin Baharuddin
KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia's key index closed at an intraday high today, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's decision to stand pat on interest rates weighed on broader sentiment.