# Bursa Malaysia Stock Trading Signals | KLSE Stock Trading Tips | Stock Picks | Stock Updates: #higher-interest-rate; Malaysia’s investors already riding the wave of a robust global demand.

> The ringgit opened marginally lower against the US dollar on Nov 30, weighed by lower oil prices. It had rallied the previous day to a 52-week high. Commentary from OANDA suggests the ringgit could extend gains toward 4.00 per dollar by year-end.

- Date: 2017-11-30 · published 2017-11-30T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68255-bursa-malaysia-stock-trading-signals-klse-stock-trading-tips-stock-picks-stock
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Lower crude prices weigh on the ringgit and on Malaysian palm oil economics. The intraday move is a routine market wrap with limited price impact on feed.

## Read by commodity

- USDMYR: neutral

## Sources

- bursa-malaysia-trading-signals.blogspot.com: https://bursa-malaysia-trading-signals.blogspot.com/2017/11/malaysia-investor-already-riding-global-demand.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.