Short-Term Interbank Rates End Steady On BNM Operations
KUALA LUMPUR, Dec 2 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.
Market
Bursa Malaysia Ends Marginally Higher
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia closed marginally higher today as gains in plantation counters were trimmed by profit-taking activities in selected index-linked financial services heavyweights.
Rubber Market Ends Higher Boosted By Gains In Shanghai Rubber Futures
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market ended higher today, driven by sharp gains in the Shanghai rubber futures, supported by positive Chinese economic data, a dealer said.
Bursa Malaysia Pares Gains In Morning Session But Key Index Stays Up
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia ended the morning session slightly higher as gains in plantation stocks helped offset selling pressure in the financial sector.
FBM KLCI Futures Higher In Early Trade
KUALA LUMPUR, Dec 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were higher in early trading.
Rubber Market To Trade Range-bound Next Week, Tracking Tight Supply Situation Due To Weather Disruptions -- Expert
KUALA LUMPUR, Nov 30 (Bernama) -- The local rubber market is expected to trade range-bound with a tendency to be higher mainly due to a tight supply situation from the weather disruptions, said industry expert Denis Low.
Gold Futures To Hover In Narrow Range Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to hover within a narrow range next week within its current price, said SPI Asset Management managing director Stephen Innes.
FBM KLCI Seen To Move Between 1,600 And 1,610 Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.
East Coast Floods, Low Stockpiles Seen Lifting CPO Futures Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upside bias next week, given the worsening floods in the East Coast.
Ringgit Seen Trading At 4.42-4.44 With Upside Bias Against US Dollar Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.
Ringgit Closes Higher, Mirroring Regional Trend
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit closed marginally higher against the greenback in the month's final trading day, reflecting broader strength in some regional currencies.
FBM KLCI Futures Close Mostly Lower
KUALA LUMPUR, Nov 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended mostly lower today in tandem with the underlying cash market performance.