• Markets  |  APRIL 28, 2015 6:16 PM

    KL shares end lower ahead of Fed’s meeting

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    Share prices on Bursa Malaysia ended lower today as traders stayed on the sidelines ahead of the two-day Federal Reserve (Fed) policy meeting which begins on Tuesday. A dealer said traders were focus on the Fed’s decision on interest rates. “The market …

  • Markets  |  APRIL 28, 2015 6:03 PM

    Ringgit ends higher against US dollar

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    The ringgit ended higher for the second consecutive day against the US dollar today, with investors cautious, ahead of the Federal Reserve’s monetary policy meeting this week which may discuss a possible interest rate hike. At 5pm, the ringgit was quoted at 3.5655/5685 …

  • Markets  |  APRIL 28, 2015 4:32 PM

    ‘Ringgit likely to strengthen 5% against US dollar this year’

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    The ringgit is expected to appreciate by 5% against the US dollar by year-end as the greenback is now in a stabilisation mode, says UBS Investment Bank’s senior global economist/managing director Paul Donovan. “The ringgit is biased to strengthen in the range of …

  • Markets  |  APRIL 28, 2015 3:45 PM

    KL shares easier at mid-afternoon

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    Bursa Malaysia was easier at mid-afternoon today as investors stayed on the sidelines ahead of the two-day Federal Reserve’s policy meeting, a dealer said. At 3.04 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,853.14, down by 6.38 points. On the …

  • Markets  |  APRIL 28, 2015 1:23 PM

    KL shares stay lower at mid-day

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    The key index on Bursa Malaysia remained lower at mid-day on lack of interest in selected heavyweights. At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 5.69 points lower at 1,853.89, after moving between 1,852.36 and 1,862.14 in the morning …