• Featured and Exclusive, Finance, Markets  |  JULY 30, 2015 6:20 PM

    Bank Negara grips ringgit tightly as troubles mount

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    Protecting the ringgit from political fallout out may end up costing Malaysia more than any bailout for the debt-ridden 1Malaysia Development Bhd (1MDB) state fund, given the rate at which the central bank has been using its reserves in recent …

  • Markets  |  JULY 30, 2015 5:47 PM

    KL shares close almost flat

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    Bursa Malaysia ended almost flat today after a flurry of last-minute selling erased some of earlier gains, dealers say. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched up 0.93 point to 1,699.92 after fluctuating between 1,695.66 and 1,706.26 throughout the day. …

  • Markets  |  JULY 30, 2015 5:32 PM

    Ringgit ends weaker against US dollar

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    The ringgit has erased yesterday’s gains to end lower against the US dollar, in line with most emerging Asian currencies. At 5pm, the ringgit was quoted at 3.8150/8170 against the US dollar from 3.8095/8125 recorded on Wednesday. A dealer said investors’ interest …

  • Markets  |  JULY 30, 2015 3:30 PM

    KL shares remain higher at mid-afternoon

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    Shares on Bursa Malaysia remained higher at mid-afternoon today lifted by gains on selected key heavyweights. At 3 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.84 points higher at 1,703.83. The broader market was positive with gainers outpacing losers …

  • Markets  |  JULY 30, 2015 1:11 PM

    KL shares higher at mid-day

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    Bursa Malaysia ended the morning session higher today following improved external sentiments, dealers say. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) perked 5.74 points to 1,704.73, after moving between 1,695.66 and 1,704.73 throughout the session. A dealer said local sentiment …