NST Online Business Times : latest
NST Online Business Times : latest |
| Ringgit opens higher against US dollar Posted: 09 Feb 2014 06:51 PM PST The ringgit opened higher against the US dollar in early trading Monday following an 'over-weight' call on the ringgit by the
At 9.15am, the ringgit was quoted at 3.3220/3255 vis-a-vis a greenback against Friday's close at 3.3290/3320. The dealer said the better-than-expected export figures announced by the International Trade and Industry Ministry on Friday provided the impetus towards positive sentiments for the ringgit. Malaysia's exports surged to a 26-month high at 14.4 per cent year-on-year in December last year. Another dealer said the ringgit is expected to trade between 3.30 and 3.33 range this week. Against other major currencies, the ringgit was traded mixed. The local unit was traded higher against the Singapore dollar at 2.6231/6257 from 2.6277/6259 on Friday and rose against the yen to 3.2432/2468 from 3.2624/2660 last week. The ringgit, however, was traded weaker against the British pound to 5.4540/4586 from 5.4396/4465 on Friday and weakened against the euro to 4.5283/5317 from 4.5148/5195 last week.-- Bernama |
| Posted: 09 Feb 2014 06:44 PM PST The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts (FKLI) on Bursa Malaysia Derivatives sustained last week's momentum to open firmer today, tracking the uptrend in the underlying cash
Spot month February 2014 rose 8.5 points to 1,818.5, March 2014 and June 2014 gained nine points each to 1,818 and 1,815, respectively, and September 2014 added 10.5 points to 1,811.5. Turnover amounted to 2,037 lots while open interest totalled 31,674 contracts. The benchmark FBM KLCI was 9.34 points higher at 1,817.936 points as at 9.45am.-- Bernama |
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