Market News & Events

KUALA LUMPUR (Aug 8): The ringgit opened lower versus the US dollar on Monday as the greenback continued to strengthen its appeal as a safe-haven currency amidst the risk-off sentiment in the market, analysts said.

KUALA LUMPUR (Aug 5): The ringgit opened slightly higher against the US dollar on Friday (Aug 5) morning as the greenback weakened despite a positive US Initial Jobless Claims data released on Thursday.

KUALA LUMPUR (Aug 5): Bursa Malaysia retreated from its gains to open lower on Friday (Aug 5) due to profit-taking activities in selected heavyweights, in tandem with the mixed performance on the Wall Street overnight, a dealer said.

HONG KONG (Aug 4): The dollar was on the front foot on Thursday, helped by several U.S. Federal Reserve officials pushing back against suggestions they will slow the pace of interest rate hikes, while the pound was flat ahead of a Bank of England meeting.

KUALA LUMPUR (Aug 4): Bursa Malaysia opened higher on Thursday (Aug 4) on renewed buying interest after undergoing selling pressure for two consecutive days, tracking gains on Wall Street overnight, a dealer said.

(Aug 4): IHH Healthcare Bhd's share price rose 2.2%. Trading volume was 113 times the average for this time of day.

(Aug 3): From an accelerated decoupling of the world’s two largest economies to a discussion on whether China might weaponize its vast holding of Treasuries, strategists are outlining how US House Speaker Nancy Pelosi’s Taiwan trip may ripple across global markets.

KUALA LUMPUR (Aug 3): Bursa Malaysia was lower in early trade today, mirroring the volatile session on Wall Street overnight, a dealer said.

TOKYO (Aug 2): Asian stocks continued a decline from Wall Street on Tuesday (Aug 2), and US long-term Treasury yields sank to a four-month low, pulling the US dollar down against the yen and other currencies, as investors worried about the risk of a global recession.