Ringgit Ends Lower Against US Dollar, Higher Against Most Currencies

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit closed lower against the US dollar but strengthened against most major and ASEAN currencies on Monday as investors remained cautious ahead of the US Federal Reserve’s (Fed) policy meeting, an analyst said.

Brent Crude Oil Rises To US$117 Per Barrel On Intensifying Houthi Attacks, Shipping Disruptions

KUALA LUMPUR, Oct 26 (Bernama) -- Brent crude oil prices have risen to US$117 (US$1=RM4.08) per barrel, driven by intensifying Houthi attacks on Saudi infrastructure and slower flows through the Strait of Hormuz, according to Rystad Energy.

Ringgit Expected To Trade In Narrow Range Vs Greenbback Ahead Of Fed Meeting Next Week

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome of the US Federal Open Market Committee (FOMC) meeting scheduled for Oct 27-28.

Bursa Malaysia Likely To Stage Recovery Next Week On Bargain Hunting

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia is likely to trend upwards next week, with the benchmark index expected to trade within the 1,600-1,620 range amid a recovery in investors' risk appetite, said an analyst. 

Bursa Malaysia Ends At Intraday High, CI Up 0.36 Pct On Extended Bargain Hunting

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia ended mixed on Thursday, with the benchmark index rising 0.36 per cent as bargain hunting continued in selected heavyweights, outperforming most regional markets, which closed lower, an analyst said.