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Market
Ringgit Extends Gains Against US Dollar At Opening
KUALA LUMPUR, Jan 13 (Bernama) -- The ringgit extended its momentum to open higher on Tuesday against a weaker greenback amid growing market concern over the United States (US) Federal Reserve’s (Fed) independence following continued pressure on its monetary policy stance.
CPO Futures Close Higher On Anticipation Of Weaker Output Growth
KUALA LUMPUR, Jan 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, driven by market anticipation of weaker output growth in the coming weeks, said a trader.
Gold Futures Close Firmer In Line With Gains In US Comex
KUALA LUMPUR, Jan 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Monday, tracking gains on the US COMEX, as sentiment improved amid a weaker US dollar and rising concerns over the independence of the US Federal Reserve.
Ringgit Ends Firmer As Concerns Over Fed Independence Weigh On US Dollar
By Danni Haizal Danial Donald
KUALA LUMPUR, Jan 12 (Bernama) -- The ringgit closed firmer against the greenback on Monday as concerns over the US Federal Reserve’s (Fed) independence weighed on the American dollar.
KLCI Futures End Broadly Higher
KUALA LUMPUR, Jan 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed broadly higher in tandem with the firmer underlying cash market.
Bursa Malaysia Climbs To Fresh 6-year High On Sustained Buying Interest
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia’s benchmark index extended its upward momentum to close at a fresh six-year high today, supported by sustained buying interest in heavyweight and plantation stocks, in tandem with stronger performances across regional markets.
Foreign Investors Turn Net Buyers With RM42.5 Mln Equities Inflow Last Week – MBSB Investment
KUALA LUMPUR, Jan 12 (Bernama) -- Foreign investors turned net buyers of Bursa Malaysia equities last week, snapping a four-week selling streak, with net inflows of RM42.5 million.
Rubber Market Ends Higher Amid Regional Futures Uptrend
KUALA LUMPUR, Jan 12 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by an upward trend in regional rubber futures, a dealer said.
Bursa Malaysia Ends Morning Session Higher, Key Index Up 0.44 Pct
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia ended the morning session higher, with the key index rising by 0.44 per cent amid buying support for banking and plantation counters.
FBM KLCI Futures Open Higher In Early Trade
KUALA LUMPUR, Jan 12 (Bernama) -- FBM KLCI futures opened higher in early trade on Monday, tracking gains in the underlying cash market.
Bursa Malaysia Firms In Early Trade, KLCI Holds Above 1,680
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Jan 12 (Bernama) -- Bursa Malaysia strengthened in early trade, tracking Wall Street’s gains from the previous week, as improved investor sentiment underpinned buying interest.