Bursa Malaysia Likely To See Volatile Trading Amid Positive Outlook Next Week

By Anas Abu Hassan

KUALA LUMPUR, May 17 (Bernama) -- Bursa Malaysia is expected to see some volatile trading next week, albeit market optimism is supported by improving global sentiment, a dealer said.

Ringgit Likely To Trade In 4.26-4.29 Range Next Week - Analyst

By Abdul Hamid A Rahman

KUALA LUMPUR, May 17 (Bernama) -- The ringgit’s outlook remains positive going into next week, with the currency expected to hover in the 4.26-4.29 range against the US dollar, according to SPI Asset Management managing partner Stephen Innes.

CPO Futures To Trade With Upward Bias On Strong Export Demand Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 17 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade with a slight upward bias next week, supported by the recent strength in export demand, said palm oil trader David Ng.

Gold Futures Seen Higher Next Week At Between US$3,200-US$3,250

By Abdul Hamid A Rahman

KUALA LUMPUR, May 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, within the range of US$3,200-US$3,250, due to concerns over the US fiscal situation, said SPI Asset Management managing partner Stephen Innes.

Rubber Market Likely To Track Regional Futures, Ringgit And Crude Oil Prices Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 17 (Bernama) -- The Malaysian rubber market is expected to track the performance of regional rubber futures markets, the strength of the ringgit against the United States (US) dollar, and benchmark crude oil prices, said a dealer.

FBM KLCI Futures Likely To Trade Range-bound Next Week

By Anas Abu Hassan

KUALA LUMPUR, May 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade range-bound in the coming week, tracking the underlying cash market.

CPO Futures Close Lower On Soyabean Oil Weakness

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 16 (Bernama) -- The crude palm oil (CPO) futures closed lower on Friday, tracking weakness in the soyabean oil market, said palm oil trader David Ng.

Gold Futures Climb On Demand For Safe-haven Assets

KUALA LUMPUR, May 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher today as investors turned to safe-haven assets despite losses on the US COMEX, an analyst said.

Ringgit Slips Against US Dollar On Cautious Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, May 16 (Bernama) -- The ringgit closed lower against the US dollar on Friday as cautious sentiment on the local note offset a weaker greenback following softer economic data in the United States.

FBM KLCI Futures Close Lower

KUALA LUMPUR, May 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the performance of the underlying cash market.

Bursa Malaysia In Consolidation Mode, CI Ends Marginally Lower

Rubber Market Ends Lower On Weaker Regional Cues, Crude Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 16 (Bernama) -- The Malaysian rubber market ended lower on Friday, tracking weaker cues from regional rubber futures markets and benchmark crude oil prices, a dealer said.