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Market

KLCI Futures Close Higher

KUALA LUMPUR, Dec 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher on Wednesday, tracking gains in the underlying cash market.

Ringgit Continues To Soar Against Greenback As US Consumer Confidence Remains Weak

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit ended stronger against the US dollar today, touching 4.04, its highest level in nearly five years, after the latest data showed that consumer confidence in the United States remains weak. 

Christmas Comes Early As Bursa Malaysia Ends At Nearly 16-Month High

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia closed at a nearly 16-month high on Christmas Eve, extending its gains for a fifth consecutive session amid steady market participation and improving domestic sentiment.

Window Dressing Lifts FBM KLCI To Over 15-month High At Midday

KUALA LUMPUR, Dec 24 (Bernama) -- Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.

KLCI Futures Open Higher

KUALA LUMPUR, Dec 24 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened higher on Wednesday.

FBM KLCI Opens Lower On Mild Profit-taking

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.

Ringgit Climbs To Five-year New High On Weaker Greenback In Early Trade

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit climbed to another five-year new high against the US dollar in early Wednesday trade, supported by a weaker greenback as the US dollar index (DXY) weakened.

CPO Futures Extend Gains On Stronger Export Demand

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 23 (Bernama) -- CPO futures on Bursa Malaysia Derivatives extended gains to close higher on Tuesday, buoyed by expectations of stronger palm oil demand, according to a trader.

Gold Futures End Higher

KUALA LUMPUR, Dec 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of a potential US interest rate cut, which boosted investor confidence in the precious metal as a safe haven.

Ringgit Climbs To Strongest Level Against US Dollar Since Early March 2021

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit climbed to another new high at Tuesday’s closing, touching 4.0615, the strongest level last seen in early March 2021, as expectations of a United States (US) interest rate cut continued to pressure the greenback.

Bursa Malaysia Extends Rally For Fourth Session On Institutional Buying

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its upward momentum for a fourth consecutive session, underpinned by ongoing support from domestic institutional investors. 

Rubber Market Ends Mixed On Uneven Regional Futures

KUALA LUMPUR, Dec 23 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Tuesday, tracking uneven regional futures amid softer crude oil prices and a slightly stronger ringgit against the US dollar, a dealer said.