Highlights

April 10: Ringgit higher against US dollar at opening

 Publish date: Tue, 10 Apr 2018, 03:14 AM

KUALA LUMPUR: The US dollar's weakness lifted the ringgit higher against the greenback at opening today but trading sentiment remained cautious amid the lingering trade war concerns, a dealer said.

At 9am, the ringgit was quoted at 3.8620/8655 compared with Monday's 3.8690/8730.

Oanda Head of Trading Asia-Pacific Stephen Innes said the ringgit is struggling to make headway this week as trade war tensions continued to boil under the surface and inflows dropped to a trickle.

"Risk sentiment remains extraordinarily fragile, and investors are playing their cards very close to their chest," he said.

The local unit, however, was traded lower against a basket of major currencies.

It fell against the Singapore dollar to 2.9445/9483 from 2.9438/9477 on Monday and depreciated against the yen to 3.6168/6204 from 3.6108/6149.

The ringgit eased against the pound to 5.4593/4647 from 5.4518/4590 and was lower against the euro at 4.7584/7642 from 4.7457/7518.-Bernama

Share this

  Be the first to like this.
 


 

414  333  575  613 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 MYEG 1.24+0.12 
 IWCITY 0.81+0.065 
 NOVA 0.76+0.21 
 HSI-H4I 0.65-0.05 
 HSI-C3N 0.345+0.02 
 GKENT 1.47+0.06 
 MRCB 0.710.00 
 AAX 0.38+0.025 
 HSI-C3O 0.465+0.03 
 UCREST 0.405+0.03 

TOP ARTICLES

1. Analysis of FPI TRV Stock News & Articles
2. That's Not The Way Share Market Works - Salvador Dali Good Articles to Share
3. Shahril explains his high pay save malaysia!!!
4. Revenue Group Bhd - Cashless ambition on the move Round Hedge Stock Research
5. Finally our Goverment Link Fund voice it out LOUD!! Finally our Goverment Link Fund voice it OUT LOUD.
Partners & Brokers