Kha, Mei

KUALA LUMPUR: The ringgit was slightly lower against the US dollar in early trade today on weak demand and lack of local catalysts.

At 9.24 am, the ringgit was quoted at 3.8090/8120 against the greenback from 3.8080/8100 recorded at 5 pm last Friday.

Against other major currencies, the ringgit was also traded mostly lower.

It appreciated versus the Singapore dollar to 2.7760/7802 from 2.7763/7798 last week but depreciated against the yen to 3.0792/0826 from 3.0715/0733.

The ringgit fell against the pound sterling to 5.9135/9197 from 5.8978/8017 previously and weakened against the euro to 4.1849/1894 from 4.1652/1678 last Friday. 


KUALA LUMPUR: Bursa Malaysia and key Asian markets started Monday on a weak note on worries over China while on the local front, foreign selling continued to put pressure.

However, the bright spot was construction-based Ikhmas Jaya Group which made a strong debut on the Main Market.

At 9.16am, the FBM KLCI was down 8.04 points or 0.47% to 1,712.72. Turnover was 276.29 million shares valued at RM98.27mil. There were 139 gainers and 213 losers and 183 counters unchanged.

JF Apex Research said

TOKYO: Asian shares edged down in early trading on Friday, on track for a weekly loss, while U.S. jobs data underpinned the dollar as it bolstered bets that the U.S. Federal Reserve is on track to hike interest rates later this year.

MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.2 percent in early trading, on course for a weekly loss over 1 percent.

Japan's Nikkei stock index dipped 0.3 percent.

On tap for investors is the Markit Flash China Manufacturing

HONG KONG: Asian shares dipped on Thursday following Wall Street's decline overnight and lacklustre regional data while the greenback consolidated gains on the back of upbeat U.S. economic news.

South Korea's economy recorded its weakest expansion in six years in the second quarter, battered by a deadly virus outbreak and poor exports, while Japan reported strengthening export growth in June but concern remained about how shipments to China might be affected by its slowing economy.

The MSCI's

KUALA LUMPUR:  Foreign funds stepped up selling pressure on Malaysian equites with net selling at -RM269.3mil on Thursday and BIMB Securities Research expects the local stock market to remain lacklustre.

The research house said on Friday local funds were net buyers  at +RM271.2mil while  retailers were net sellers  at -RM1.9mil.

The fall in the KLCI on Thursday, where it shed 0.41% to 1,722.44, was due  to selling of oil and gas counters and plantations.

Overnight on Wall Street, key indices

KUALA LUMPUR: The fall in crude oil prices weighed on Petronas-linked stocks in late Thursday morning trade, as the FBM KLCI shed nearly two points.

At 11.02am, the KLCI was down 1.90 points or 0.11% to 1,727.63. Turnover was 608.31 million shares valued at RM407.38mil. There were 258 gainers, 308 losers and 298 counters unchanged.

Oil prices held steady in early Asian trade on Thursday, with US crude trading below US$50 a barrel near its lowest in more than three months as rising US

KUALA LUMPUR: The ringgit opened lower against the US dollar in early trade Thursday on subdued buying support for the local note.

At 9.15 am, the ringgit was quoted at 3.8060/8080 against the greenback from 3.7915/7945 recorded at 5 pm yesterday.

Against other major currencies, the ringgit was also traded lower. 

It depreciated versus the Singapore dollar to 2.7836/7861 from 2.7803/7829 on Wednesday and fell against the yen to 3.0664/0692 from 3.0636/0665.

The ringgit was also lower

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