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Rab, Jun
83 ARTIKEL BARU

KUALA LUMPUR - The ringgit opened higher against the US dollar at opening Wednesday, lifted by continuous demand for the local unit, dealers said.

At 9 am, the ringgit was quoted at 4.2610/2660 against the greenback from 4.2810/2900 at 5 pm on Tuesday.

A dealer said the ringgit continued to strengthen as traders took cautious step towards the US dollar in awaiting new economic data from the world's largest economy.

The local note also traded higher against other major currencies.

It appreciated against the Singapore dollar to 3.0543/0587 from Tuesday's 3.0629/0698 and firmed against the yen to 3.5157/5213 from 3.5442/5531.

The ringgit strengthened against the British pound to 6.5688/5777 from 6.5996/6148 and improved against the euro to 4.6671/6743 from 4.7061/7164.

-Bernama

 

 

 

 

KUALA LUMPUR - The ringgit opened higher against the US dollar this morning lifted by buying interest for the local unit, dealers said.'

At 9 am, the ringgit was quoted at 4.2830/2910 against 4.2970/3070 at 5pm on Friday.

The local note was traded mostly higher against other major currencies.

It depreciated against the Singapore dollar to 3.0641/0716 from Monday's 3.0636/0725 but appreciated against the yen to 3.5449/5530 from yesterday's 3.5607/5704.

The ringgit strengthened against the

KUALA LUMPUR - The ringgit opened higher against the US dollar today, lifted by continued buying support for the local unit, dealers said.

At 9.13 am, the ringgit was quoted at 4.2900/2970 against 4.2920/3000 at 5pm on Friday.

The local note, however, traded mixed to lower against other major currencies.

It gained against the yen to 3.5613/5675 from Friday's 3.5568/5643.

But, the ringgit depreciated against the Singapore dollar to 3.0649/0721 from 3.0616/0695, weakened against the British

KUALA LUMPUR - The ringgit opened lower against the US dollar as the greenback hovered around its two-and-a-half months high ahead of the Federal Reserve open market committee statement later Wednesday, dealers said.

At 9.11 am, the local unit was quoted at 4.2720/2770 against the dollar from Tuesday's 4.2600/2690.

The ringgit was also lower against other major currencies except for the Singapore dollar.

It was down versus the yen at 3.5485/5541 from 3.5359/5442 on Tuesday, slid against the

KUALA LUMPUR - Share prices on Bursa Malaysia rebounded to open broadly higher this morning, boosted by positive sentiment.

At 9.17 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,667.24, up 3.17 points, after opening one point better at 1,665.07.

A dealer said the overnight release of several better-than-expected factory data in Europe and the US, helped boost sentiment and offset the softer Chinese manufacturing data, which caused a plunge on global equity markets.

On the

KUALA LUMPUR: The ringgit opened lower against the US dollar on Thursday as the greenback firmed after the Federal Reserve open market committee's statement  raised expectations of an interest hike in December this year, dealers said.

At 9.06am, the local unit was quoted at 4.2920/3010 against the dollar from Wednesday's 4.2670/2770.

The ringgit was also lower against other major currencies except for the British pound.

It was down versus the yen to 3.5550/5640 from 3.5437/5535 on Wednesday

KUALA LUMPUR: Maybank Investment Research has raised its target price for Bursa Malaysia Bhd to RM8.65 from RM8.20 previously.

The brokerage, however, maintains its recommendation on Bursa at “hold”.

“We roll forward valuation, pegging our target price to 21 times Bursa’s estimated earnings for financial year ending Dec 31, 2016, hence deriving a new target price of RM8.65, compared with previous valuation of 22 times 12-month forward earnings, which gave a target price of RM8.20,” Maybank

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