<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 13): Ringgit halts two days of losses as the dollar weakens and Brent crude trades near a four-month high.</p></div>

<div class=newsTextDataWrapInner><p>* USD/MYR trades little changed at 4.2067</p></div>

<div class=newsTextDataWrapInner><p>** Support 4.1825, 4.1733, 4.1442; resistance 4.2262, 4.2505, 4.2787</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>** Bloomberg Dollar Spot Index declines 0.1%</p></div>

<div class=newsTextDataWrapInner><p>** Brent falls 0.2% to $54.20, near $54.87 level reached last week, which was highest since late April</p></div>

<div class=newsTextDataWrapInner><p>* A slight recovery in USD has weighed on EM Asian FX this week and traders will take their cue from U.S. stocks and the Chinese yuan, says Wu Mingze, a currency trader in Singapore at INTL FCStone</p></div>

<div class=newsTextDataWrapInner><p>** Barring another major catalyst such as a rally in oil prices, MYR bulls may find it difficult to break 4.200 especially with USD/Asia gaining ground</p></div>

<div class=newsTextDataWrapInner><p>* 10-year govt bond yield climbed 2bps to 3.86% Tuesday</p></div>

<div class=newsTextDataWrapInner><p>* Govt to auction 4b ringgit of 2022 debt Thursday</p></div>

<div class=newsTextDataWrapInner><p>* CIMB remains overweight MYR and Malaysian govt bonds and recommends focusing on Islamic sovereign debt for immediate trading gains</p></div>

<div class=newsTextDataWrapInner><p>** Favors Islamic notes with 5-7 year maturities and sees up to 5bps of gains in the short to medium term</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (Sept 13): Ringgit halts two days of losses as the dollar weakens and Brent crude trades near a four-month high.

* USD/MYR trades little changed at 4.2067

** Support 4.1825, 4.1733, 4.1442; resistance 4.2262, 4.2505, 4.2787

** Bloomberg Dollar Spot Index...

Ringgit snaps 2-day losing streak as USD falls

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KUALA LUMPUR (April 19): theedgemarkets.com highlighted five stocks with momentum at Bursa Malaysia's afternoon close today. Four stocks displayed negative momentum, while one stocks displayed positive momentum

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Shares of Sapura Energy Bhd will be suspended from trading pending an announcement, the company said on Friday.

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Bursa Malaysia Bhd’s core net profit may have risen 34% in the first quarter, from a year earlier, on higher securities and derivatives trading activity when the exchange operator reports its results, Hong Leong Investment Bank said.

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<p>Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports Israel attacked Iran in a continuing series of assaults that have increased concerns of a wider Middle East conflict.</p>


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<p>Malaysia's economy grew by 3.9% in the first quarter of 2024 (1Q2024), as compared to 3.0% in the previous quarter, according to Department of Statistics Malaysia (DOSM) advance gross domestic product (GDP) estimates.</p>


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<p>The escalating tensions in the Middle East have influenced market sentiment and shifted investors' emphasis to the energy, finance and plantation sectors, which helped boost the FBM KLCI higher by midday on Friday.</p>


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<p>Shares of Sapura Energy Bhd will be suspended from trading pending an announcement, the company said on Friday.</p>


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<p>Bursa Malaysia Bhd’s core net profit may have risen 34% in the first quarter, from a year earlier, on higher securities and derivatives trading activity when the exchange operator reports its results, Hong Leong Investment Bank said.</p>


<p>Malaysia’s exports contracted at a slower than expected pace in March mainly due to lower foreign demand for electronics while shipments to China fell, official data Friday showed.</p>


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<p>RHB Retail Research said Inari Amertron Bhd is poised to challenge the RM3.27 resistance level once again, which would make this its fourth attempt this year.</p>


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<p>Melaka State Secretary Datuk Zaidi Johari died of a heart attack this morning. He was 54.</p>

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<p>Malaysia Airlines has commenced the gradual reinstatement of flights to and from Sabah, Sarawak and Labuan since the evening of April 18, in response to prevailing weather conditions.</p>
