Market

Ringgit Rises Against US Dollar Amid Heightened Uncertainties

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 16 (Bernama) -- The ringgit ended higher against the US dollar, supported by a weaker US Dollar Index (DXY) which fell by 0.21 per cent to 97.979 points amid heightened uncertainties, an economist said.

Rubber Market Ends Higher

KUALA LUMPUR, June 16 (Bernama) --  The Kuala Lumpur rubber market ended higher today, in line with gains in regional rubber futures markets.

Bursa Malaysia Rebounds To Close Higher In Line With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia recovered its earlier losses to close marginally higher, supported by renewed optimism in the data centre segment and a sectoral rotation into defensive plays, as investors positioned cautiously amid heightened geopolitical tensions.

Bursa Malaysia Easier At Midday In Tandem With Most Regional Peers

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia remained easier at midday in tandem with most regional peers as traders stayed on the sidelines amid the intensifying Israel-Iran conflict, analysts said. 

Bursa Malaysia Opens Lower Amid Intensified Conflict In Middle East

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened lower on Monday, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst. 

Ringgit Opens Higher Against US Dollar Amid Geopolitical Tension

KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the United States (US) dollar and a basket of currencies, including ASEAN currencies today, amid cautious sentiment due to escalating geopolitical risks, said an analyst.

Rubber Market Likely To Stay Muted Amid US Tariff Uncertainty

By Zufazlin Baharuddin

KUALA LUMPUR, June 14 (Bernama) -- The local rubber market is expected to stay muted with a sideways trend leaning towards further weakness.

Bursa Malaysia To Trade At 1,500-1,530 Next Week Amid Tariffs, Middle East Tensions

By Harizah Hanim Mohamed

KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.

Ringgit Expected To Trade Sideways Ahead Of Key Fed Meeting

By Siti Noor Afera Abu

KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.

Gold Futures Seen Likely To Rise Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, June 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trend higher next week, with potential gains estimated in the 2.5 to 3.0 per cent range, according to an analyst.

CPO Futures Expected To Trade Higher Next Week On Stronger Rival Oils

By Zufazlin Baharuddin

KUALA LUMPUR, June 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, tracking the rise of rival oils such as soybean and crude.

FBM KLCI Futures Likely To Echo Cash Market Amid Geopolitical, Tariff Uncertainty

By Harizah Hanim Mohamed

KUALA LUMPUR, June 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to reflect the performance of the underlying cash market due to ongoing global market uncertainty.