Business

Bursa opens higher, ringgit eases against US dollar

Local bourse takes cue from broad-based rebound on Wall Street last Friday

Updated 4 years ago · Published on 12 Sep 2022 10:46AM

Bursa opens higher, ringgit eases against US dollar
At 9.06am, the benchmark FTSE Bursa Malaysia KLCI increased by 5.22 points to 1,501.75 from Friday’s close of 1,496.53. – The Vibes file pic, September 12, 2022

KUALA LUMPUR – Bursa Malaysia opened on a positive note today, taking its cue from the broad-based rebound on Wall Street last Friday, a dealer said.

At 9.06am, the benchmark FTSE Bursa Malaysia KLCI increased by 5.22 points to 1,501.75 from Friday’s close of 1,496.53.

The benchmark index opened 1.13 points firmer at 1,497.66.

On the broader market, gainers surpassed losers 217 to 88, while 209 counters were unchanged, 1,801 untraded and nine others suspended.

Turnover stood at 139.91 million units worth RM74.03 million.

The ringgit had eased against the US dollar in the early morning trade today as sentiments continued to favour the greenback, a dealer said.

At 9am, the local currency slid to 4.4970/5010 against the greenback from 4.4965/4990 at Friday’s close. – Bernama, September 12, 2022

Related News

Business / 4mth

Tycoon Vincent Tan trims BCorp stake further in RM115m share sale

Business / 5mth

Ringgit edges higher against US Dollar amid subdued market sentiment

Business / 6mth

Ringgit retreats to 4.00 versus the US Dollar amid West Asia ceasefire uncertainties

Business / 7mth

BNM ensures orderly financial markets amid global uncertainties

Malaysia / 7mth

Middle East conflict: Brace for more expensive imports - Tengku Zafrul

Places / 10mth

Planning a year-end break? The Land of the Rising Sun beckons

Spotlight

Malaysia

JPJ temporarily suspends VTA and registration for Chery Omoda 5

Malaysia

Eligibility for PTPTN repayment deferment to be verified with LHDN

Malaysia

Budget allocates two rounds of cash aid to millions of Malaysians in 70th Merdeka year

Malaysia

No Malaysians killed or injured in Riyadh airport attack, says Wisma Putra

Malaysia

JAIS probes viral religious ritual footage, says AI manipulation not ruled out

Malaysia

10-tonne truck ploughs into 11 vehicles: Police probe possible brake failure

World

Trump weighs joining Saudi strikes after deadly Houthi attack on Riyadh airport

You may be interested

Business

Oil prices retreat below US$104 as markets weigh Middle East risks