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Ringgit extend gains versus US dollar at opening
KUALA LUMPUR: The ringgit has remained on an uptrend this morning, opening stronger versus the US dollar as Covid-19 vaccine optimism wins the sentiments’ race against the negative pandemic developments, said Axi chief global market strategist Stephen Innes. At 9.00am, the
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Melaka loses more than RM65 million due to fire this year
MELAKA: Melaka incurred losses amounting to RM65,403,328 due to fire as of Dec this year, an increase of RM55,179,096.60 from RM10,224,231.40 in the corresponding period last year. Melaka Fire and Rescue Department director Abu Obaidat Mohamad said the value of property
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FBM KLCI higher in early trade
KUALA LUMPUR: Bursa Malaysia’s key index rose slightly in the early session today on the back of a mild buying momentum, led by Maybank and CIMB. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 1.27 point to
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Ringgit opens slightly lower against US dollar amid improved sentiment
KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today on improving risk sentiment, due to the signing of the United States (US) stimulus deal by President Donald Trump, traders said. At 9am, the local note marginally eased
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Ringgit opens higher against US Dollar on tourism sector stimulus
KUALA LUMPUR: The ringgit opened higher versus the US dollar today, supported by positive sentiment following the government’s announcement of a 10-year stimulus plan to restart the battered tourism sector. At 9am, the ringgit improve to 4.0550/0650 against the US
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Bursa Malaysia extends uptrend in early trade
KUALA LUMPUR: Bursa Malaysia has extended its uptrend from yesterday to open slightly higher this morning, as market sentiment remained positive following the clarity on vaccine deliveries, dealers said. At 9.04am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added
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Ringgit opens easier against US dollar
KUALA LUMPUR: The ringgit opened easier against the US dollar today on the back of declining crude oil prices. At 9.08am, the ringgit was quoted at 4.0600/0660 versus the greenback compared with 4.0590/0630 on Tuesday. Axi chief global market strategist Stephen
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Bursa extends downtrend in early trade
KUALA LUMPUR: Bursa Malaysia extended yesterday’s downtrend to open easier this morning as market sentiment continued to be clouded by a resurgence of Covid-19 cases, as well as lower oil prices, dealers said. At 9.07am, the benchmark FTSE Bursa Malaysia
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Bursa Malaysia extends losses after opening higher
KUALA LUMPUR: Bursa Malaysia extended yesterday’s losses, reversing its opening gains within minutes today in tandem with the mixed performance of regional peers. Asian stock markets turned cautious as sentiments swung between optimism due to the Covid-19 vaccine roll out
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Bursa Malaysia opens higher but retreats thereafter
KUALA LUMPUR: Bursa Malaysia opened higher today but retreated thereafter after a strong showing in the past two days despite the overnight US stocks strong performance. The investors on Wall Street were reacting positive to the news that US lawmakers
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