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Risk off market sentiment in China to benefit Bursa

KUALA LUMPUR: The recent risk off market sentiment in China associated with regulatory tightening in specific sectors, slowdown in credit growth, and downside surprises of macro data, is positive for capital flows to the Malaysian equity market in the near-term, RHB Global Economics and Market Strategy said.
Kuala Lumpur Hong Kong South Korea Southeast Asian Regulatory Tightening Capital Flow Dynamics

Ringgit seen flat next week, to trade between RM4.23 and RM4.24 against US dollar | Money

KUALA LUMPUR, Aug 14 — The ringgit is expected to trade between RM4.23 and RM4.24 against the US dollar next week due to lacklustre sentiment in the global oil market, said Bank Islam Malaysia Bhd economist Adam Mohamed Rahim. He said market sentiments will continue to be affected in an already...
Kuala Lumpur United Kingdom Adam Mohamed Rahim Shamsiah Mohd Yunus Joe Biden Bank Islam Malaysia Bhd

Ringgit ends marginally higher against US dollar | Money

KUALA LUMPUR, Aug 12 — The ringgit ended slightly higher against the US dollar today on renewed buying interest for the local note, said a dealer. At 6pm, the ringgit rose by 80 basis points to 4.2300/2330 versus the greenback compared with 4.2380/2420 at Wednesday's close. He...
Kuala Lumpur United Kingdom Hari Anggara S Dollar குவாலா லம்பூர் ஒன்றுபட்டது கிஂக்டம்

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