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Bursa Malaysia’s outlook is expected to remain positive next week due to attractive valuations and continuous strong foreign inflow, despite some profit-taking seen in the week just ended.
The ringgit is expected to trade in a tight range against the US dollar next week, given that the currency pair is nearing the overbought condition, an analyst said.
KUALA LUMPUR: The ringgit opened higher against the US dollar today with investors trading cautiously ahead of the consumer price index (CPI) data scheduled to be released on Friday, which may give hints on the rate of inflation in the country.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (Oct 19)
JOHOR BARU: Johor has the advantage of being more accessible to foreign tourists once Malaysia reopens its borders, in particular via the Causeway and Second Link.
PETALING JAYA: The Malaysian Family needs to work together to revive the country and adapt to the new norms amid challenging economic times and a health crisis, says Prime Minister Datuk Seri Ismail Sabri Yaakob.
KUALA LUMPUR: Cited for excellent contributions towards the development of the ummah and Islamic teachings, Tan Sri Othman Mustapha has been named the recipient of the top Maulidur Rasul figure award for the Federal Territories this year.
GEORGE TOWN: Every year, housewife K. Neela looks forward to celebrating Prophet Muhammad’s birthday with her Muslim friends in their neighbourhood.