Market

CPO Futures Buoyed By Weaker Output Expectations, Firm Export Demand

By K. Naveen Prabu

KUALA LUMPUR, July 3 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, supported by expectations of weaker production and firm export demand.

Gold Futures Trade Firmer On US Growing Rate Cut Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, July 3 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed firmer today, supported by growing market confidence over potential interest rate cuts by the US Federal Reserve.

FBM KLCI Futures End Lower

KUALA LUMPUR, July 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today, tracking the underlying cash market’s performance.

Ringgit Ends Higher On Regional Trade Optimism

By Abdul Hamid A Rahman

KUALA LUMPUR, July 3 (Bernama) -- The ringgit closed higher against the US dollar today, supported by improved regional sentiment following a new United States-Vietnam trade deal, said SPI Asset Management managing partner Stephen Innes.

Bursa Malaysia Closes Mixed

By Zarul Effendi Razali

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended mixed today, with the benchmark index curtailing its recent rally as continued selling in selected heavyweights -- led by Tenaga Nasional -- limited gains, an analyst said.

Rubber Market Ends Lower

By K. Naveen Prabu

KUALA LUMPUR, July 3 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in the regional rubber futures markets and losses in crude oil prices, a dealer said. 

Bursa Malaysia Ends Morning Session Weaker

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended the morning session on a weaker note, driven by continued profit-taking in utilities and financial services counters.

FBM KLCI Futures Mostly Higher Amid Cautious Cash Market

KUALA LUMPUR, July 3 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives opened mostly higher on Thursday, tracking cautious sentiment in the underlying cash market.

Bursa Slips At Open As Profit Taking Curbs Gains

KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking upbeat regional sentiment, but mild profit taking in selected heavyweights following a recent rally weighed on the market, an analyst said.

Ringgit Rises As Traders Turn Cautious Ahead Of US Tariff Move

By Harizah Hanim Mohamed

KUALA LUMPUR, July 3 (Bernama) -- The ringgit opened higher against the US dollar on Thursday, rebounding from a weaker close the day before, as traders turned cautious and pared greenback holdings ahead of the July 9 expiry of the United States’ 90-day tariff pause, an analyst said.

CPO Futures End Higher On Robust Demand From India

By K. Naveen Prabu

KUALA LUMPUR, July 2 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, supported by increased buying from India.

Gold Futures Ease As Strong US Data Dampens Rate Cut Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, July 2 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended mostly lower today as stronger-than-expected US economic data tempered expectations of an interest rate cut this month, boosting the greenback’s appeal over the precious metal.