Market

CPO Futures Rise On Strong Buying After Hitting Near Six-week Lows

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, recovering from the lowest levels seen in nearly six weeks, thanks to robust buying interest, according to a futures broker firm. 

Malaysia Must Shift Towards Managing Supply, Reducing External Dependence -- Economist

KUALA LUMPUR, April 21 (Bernama) -- Malaysia cannot continue to rely on broad-based subsidies and price controls, and must instead shift its focus towards managing supply, prioritising spending and reducing dependence on external resources amid ongoing supply constraints, said economist Dr Nungsari Ahmad Radhi.

Gold Futures Soften On US-Iran Peace Talk Concerns

KUALA LUMPUR, April 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on Tuesday, tracking softer US COMEX performance, as markets weighed US-Iran peace talk prospects after weekend tensions.

Ringgit Strengthens Against US Dollar And Major Currencies

By Siti Noor Afera Abu

KUALA LUMPUR, April 21 (Bernama) -- The ringgit strengthened against the US dollar and other major currencies at Tuesday’s close, despite a firmer US Dollar Index, as investors closely monitored developments and anticipated the outcome of ongoing negotiations between the United States and Iran.

KLCI Futures Close Higher, Tracking Firmer Cash Market

KUALA LUMPUR, April 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today in line with the firmer cash market.

Rubber Market Ends Mixed Amid Cautious Sentiment

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 21 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Tuesday in line with regional rubber futures amid declining crude oil prices and weaker vehicle sales, a dealer said.

Bursa Malaysia Ends Higher On Optimism Over Possible Second Round of US-Iran Talks

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia closed higher today with market sentiment improving following reports that Iran may attend a second round of negotiations with the United States in Pakistan.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia remained higher in mid-afternoon, supported mainly by renewed buying interest in banking and utilities heavyweights.

Bursa Malaysia Ends Morning Session Higher On Sustained Buying

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning trading session higher, supported by continued buying interest in heavyweights, and in line with upbeat regional markets.

Bursa Malaysia Opens Higher On Buying Of Selected Heavyweights

By Abdul Hamid A Rahman

KUALA LUMPUR, April 21 (Bernama) -- Bursa Malaysia opened higher on Tuesday, underpinned by buying interest in selected heavyweights despite Wall Street’s weaker overnight performance.

KLCI Futures Opens Higher

KUALA LUMPUR, April 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Tuesday. 

CPO Futures End Higher Amid Escalating West Asia Conflict

KUALA LUMPUR, April 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, amid escalating tensions in West Asia, said a trader.