Ringgit lower in early trade

KUALA LUMPUR (Aug 5): The ringgit opened lower amid worries over the number of daily Covid-19 cases in the country, which reached a record high of 19,819 infections yesterday. At 9.07am, the local note had weakened to 4.2240/2270 versus…

Bursa Malaysia rebounds in early trade

KUALA LUMPUR (Aug 5): Bursa Malaysia reversed yesterday’s downtrend to open higher today in tandem with its regional peers, thanks to improved market sentiment, dealers said. At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)…