Malaysian market sees robust inflow


The ringgit is enjoying a strong start in 2019, rising against most major currencies.

PETALING JAYA: The stronger ringgit is fuelling a surge of inflow into the local bond market, driving yield on the 10-year Malaysian Government Securities (MGS) below 4% for the first time since April last year.

Analysts said the rally in the bond market still has room to continue with the strength of the ringgit supporting further gains.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ringgit , bond , Malaysian , market , robust , inflows , currencies ,

Next In Business News

IMF: AI, energy prices shaping global economy
AustralianSuper eyes India and Japan for private equity
RedPlanet eyes bigger rail projects
CPO resilient
Yinson upstream unit raises fresh debt for FPSO Agogo
Shrinking orders cloud Mitrajaya Holdings outlook
Landmarks in RM4.48mil resort purchase
Northern Solar bags RM34mil EPCC contract for 9.5MW solar plant
Aemulus in RM15mil contract win
Temasek flags AI unwind, inflation as market risks

Others Also Read