KUALA LUMPUR, Feb 13 — Bursa Malaysia was marginally lower in early trade today as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.
KUALA LUMPUR, Feb 12 — Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.
KUALA LUMPUR, Feb 12 — The ringgit opened slightly higher against a softer greenback following the US Federal Reserve (Fed) stance that indicated it was not in a rush to cut interest rates, said an analyst.
KUALA LUMPUR, Feb 10 — Bursa Malaysia ended its four-day rally, tracking Wall Street’s Friday sell-off, as investors brace for key US economic data and remain concerned over President Donald Trump’s tariff policy.
KUALA LUMPUR, Feb 10 — The ringgit opened lower against the US dollar as market sentiment remained cautious following the latest US inflation data and ongoing policy uncertainties.
KUALA LUMPUR, Feb 7 — Bursa Malaysia opened lower today on mild profit-taking in selected heavyweights led by SD Guthrie and Tenaga Nasional, analysts said.
KUALA LUMPUR, Feb 7 — The ringgit opened slightly higher against the US dollar at opening trade as the US Federal Reserve (Fed) does not seem inclined to reduce rates in the near term, said an analyst.
KUALA LUMPUR, Feb 6 — Bursa Malaysia continued its positive performance at the opening today, with buying led by the industrial products and construction counters, analysts said.
KUALA LUMPUR, Feb 6 — The ringgit opened stronger against the US dollar after the United States (US) reported weaker economic data, suggesting that the case for rate cuts by the US Federal Reserve (Fed) and the prospects for a reduction in the Fed Fund Rate remain intact, an analyst said.
KUALA LUMPUR, Feb 5 — Bursa Malaysia opened slightly higher today supported by buying interest in selected bluechip utilities and construction counters, analysts said.
KUALA LUMPUR, Feb 5 — The ringgit opened higher against the US dollar at today’s opening as the US Dollar Index (DXY) fell further with the US labour market indicating a weaker outlook, an analyst said.
KUALA LUMPUR, Feb 4 — Bursa Malaysia opened higher today as bargain hunting emerged amid news on delayed import tariffs hike proposed by the United States (US) on Mexico and Canada yesterday.
KUALA LUMPUR, Feb 4 — The ringgit opened higher against the US dollar as the United States (US) paused import tariff hikes on Canada and Mexico, coupled with softer US economic data, said an analyst.
KUALA LUMPUR, Feb 3 — The ringgit opened slightly lower against the US dollar due to the rise in the US Dollar Index (DXY) after President Donald Trump issued an executive order to raise import tariffs, said an analyst.
KUALA LUMPUR, Jan 28 — The ringgit opened slightly higher against the US dollar and other major currencies ahead of the two-day US Federal Open Market Committee (FOMC) meeting, which starts today, and a holiday-shortened week, an analyst said.
KUALA LUMPUR, Jan 27 — Bursa Malaysia trended lower in early trade today, weighed down by a lack of fresh catalysts and cautious sentiment ahead of a festive-shortened trading week.
KUALA LUMPUR, Jan 27 — The ringgit opened higher against the US dollar, bolstered by Moody’s recent positive rating on Malaysia’s sovereign credit rating, an analyst said.
KUALA LUMPUR, Jan 24 — Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.
KUALA LUMPUR, Jan 24 — The ringgit opened higher against the US dollar as investors remained cautious due to higher-than-expected inflation and ahead of global central bank policy updates.
KUALA LUMPUR, Jan 22 — Bursa Malaysia opened higher today, following Wall Street’s positive performance in its first trading session after Donald Trump’s inauguration, with investors being optimistic that Trump’s trade policies might be less harsh than expected.
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