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Market

Cpo Futures Close Lower, Tracking Weak Demand

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Sept 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Friday as concern over weak demand for the commodity grows, a trader said.

Gold Futures End Higher

KUALA LUMPUR, Sept 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today due to expectations of interest rate cuts by the United States Federal Reserve. 

Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.

FBM KLCI Futures End Higher

KUALA LUMPUR, Sept 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today in line with the performance of the underlying cash market. 

Bursa Malaysa Ends On A High Note

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.

Bursa Malaysia Higher At Midday Following Overnight Gains On Wall Street

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia experienced a positive trend at midday, buoyed by strong gains on Wall Street overnight, while investors await the United States Federal Reserve (Fed) meeting next week.