Business

Ringgit opens higher versus greenback

Bursa, however, slides due to profit-taking in selected heavyweights

Updated 4 years ago · Published on 01 Oct 2021 9:34AM

Ringgit opens higher versus greenback
The ringgit stands at 4.1830/1870 against the US dollar at 9.03am today. – AFP pic, October 1, 2021

KUALA LUMPUR – The ringgit opened 25 basis points higher against the United States dollar today, boosted by renewed buying interest.

At 9.03am, the local note stood at 4.1830/1870 versus the greenback from yesterday’s close of 4.1855/1870.

Meanwhile, Bursa Malaysia opened lower due to profit-taking in selected heavyweights.

At 9.52am, the benchmark FTSE Bursa Malaysia KLCI fell 8.18 points to 1,529.62 from 1,537.80 at the close yesterday.

It opened 1.31 points lower at 1,536.49.  

Market breadth was negative, with losers outpacing gainers 453 to 204, while 357 counters were unchanged, 1,230 untraded and seven suspended.

Turnover stood at 931.15 million units worth RM473.44 million. – Bernama, October 1, 2021

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