Market

Ringgit Maintains Upward Trend, Trades Firmer Against US Dollar

KUALA LUMPUR, Dec 15 (Bernama) -- The ringgit maintained its upward trend, opening slightly higher against the US dollar as improving sentiment in the Malaysian economy and easing trade tensions supported the local currency.

Bursa Malaysia Opens Lower Tracking Weaker Wall Street

KUALA LUMPUR, Dec 15 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking Wall Street’s weaker performance at the end of last week.

CPO Futures Set To Trade Lower Next Week Due To Profit Taking

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 13 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade lower next week due to profit taking, said Interband Group of Companies senior palm oil trader Jim Teh.

FBM KLCI Futures Seen Higher Next Week Amid Positive Sentiment Ahead Of Key Data

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, tracking the underlying cash market.

Bursa Malaysia To Retest 1,640 Level Amid Positive Sentiment Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 13 (Bernama) -- Bursa Malaysia is expected to maintain its upward trajectory and retest the 1,640 resistance level next week, having last reached a higher level of 1,642.33 points on Dec 31, 2024.

Gold Futures Expected To Trade Higher Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, as investors are still drawn to the safe-haven asset following the United States (US) Federal Reserve (Fed) decision to cut interest rates for the third time this year.

Ringgit Likely To Trade Cautiously Between RM4.09 And RM4.11 Vs Us Dollar Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 13 (Bernama) -- The ringgit is likely to trade cautiously next week, hovering between RM4.09 and RM4.11 against the US dollar after strengthening by 0.39 per cent week-on-week.

Rubber Market Expected To Move Sideways With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 13 (Bernama) -- The Malaysian rubber market is expected to move sideways with an upward bias in both demand and price next week, driven by the monsoon season and heavy rainfall in major rubber-producing countries, according to industry expert Denis Low.

CPO Futures Close Lower, Tracking Losses In Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 12 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower on Friday, tracking weakness in soybean oil prices, said palm oil trader David Ng.

FBM KLCI Futures Close Higher

KUALA LUMPUR, Dec 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher today, in line with the positive performance of the cash market.

Ringgit Continues To Soar, Hitting 4.09 Vs US Dollar, The Highest Since April 2021

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit continued its positive momentum, jumping to the 4.09 level against the US dollar at Friday’s close, hitting a new four-year-and-seven-month high, supported by positive Malaysian economic data.

Gold Futures End Higher On Expectations Of Further US Rate Cuts Next Year

KUALA LUMPUR, Dec 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of further interest rate cuts next year, which are making the safe-haven asset more attractive to investors.