Market

Bursa Malaysia Opens Higher, Tracking Wall Street's Positive Performance

KUALA LUMPUR, Oct 7 (Bernama) -- Bursa Malaysia opened higher in line with Wall Street’s positive performance after the United States September’s non-farm payrolls exceeded expectations, a sign that the economy remains strong.

Ringgit Opens Marginally Higher Vs US Dollar As Traders Assess Feds Next Move

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 7 (Bernama) -- The ringgit opened marginally higher on Monday amid weak sentiment as traders reassessed their stance on the United States Federal Reserve (US Fed) possibly taking more time to reduce interest rates, an economist said.

FBM KLCI Futures Likely To Stay Cautious Next Week

By Zarul Effendi Razali

KUALA LUMPUR, Oct 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to move in tandem with the underlying cash market next week.

Trading On Bursa Malaysia Likely To Remain Cautious Next Week

KUALA LUMPUR, Oct 5 (Bernama) -- Cautious trading is set to continue on Bursa Malaysia next week, driven by the bearish outlook on the global economy amid rising geopolitical tensions in the Middle East.

Rubber Market Likely To Trade Range-bound With Higher Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The local rubber market is expected to trade range-bound with a bias towards moving higher, following growing concern about severe climate change as the weather seems more unpredictable, said industry expert Denis Low.

Middle East Tensions To Sustain Interest In Gold Futures Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- Interest in the gold futures contract on Bursa Malaysia Derivatives is likely to sustain next week amid the Middle East tensions, but the anticipation of a stronger US dollar could put downward pressure on prices.

CPO Futures Likely To Trade With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 5 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upward bias amid rising crude oil and soybean oil prices, a dealer said.

Ringgit Seen Holding Steady Against US Dollar Next Week

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 5 (Bernama) -- The ringgit is expected to linger around at 4.21 to 4.22 against the US dollar next week but with an upside bias for the greenback after Friday’s US non-farm payrolls (NFP) unexpectedly rose sharply by 254,000 jobs in September.

CPO Futures Close Higher Amid Rising Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Friday amid rising crude oil prices, a dealer said.

Gold Futures End Higher Spurred By Safe-Haven Demand

KUALA LUMPUR, Oct 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives rebounded to end higher on Friday, driven by steady demand.

Ringgit Reverses Recent Losses To Close Slightly Higher Vs US Dollar

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 4 (Bernama) -- The ringgit ended slightly higher at the close on Friday versus the US dollar, rebounding from recent losses.

FBM KLCI Futures Close Lower

KUALA LUMPUR, Oct 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today.