Bursa Malaysia Softens At Midday Amid Profit-taking

KUALA LUMPUR, Dec 8 (Bernama) -- Bursa Malaysia ended the morning session lower today as profit-taking activities set in despite Wall Street’s positive close last Friday.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Dec 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in early trading on Monday.

Bursa Malaysia Softer On Opening Due To Profit-taking

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 8 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by spillover profit-taking from last week despite Wall Street closing higher last Friday.

Ringgit Opens Higher As Tomorrow's FOMC Meeting Pressures Greenback 

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 8 (Bernama) -- The ringgit opened firmer against the US dollar this morning, carried by last week’s positive momentum as the greenback continued to weaken ahead of the two-day Federal Open Market Committee (FOMC) meeting starting tomorrow.

Bursa Malaysia Likely To Be Data-dependent Ahead Of FOMC Meeting Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- Bursa Malaysia is expected to be in a data-dependent mode as markets position ahead of the Federal Open Market Committee (FOMC) meeting on Dec 9-10, said IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan. 

Ringgit To Remain Steady, Trade Within 4.10-4.12 Versus Greenback Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit is expected to remain steady and trade within the 4.10–4.12 range against the US dollar next week, supported by market expectations of an interest rate cut by the US Federal Reserve (Fed) at its upcoming Federal Open Market Committee (FOMC) meeting. 

Gold Futures Likely To Trade Higher Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, supported by expectations of a United States (US) Federal Reserve (Fed) interest rate cut, which keeps investors drawn to the safe-haven asset.

CPO Futures Seen Trading In ‘Yo-yo’ Pattern Next Week Amid Year-end Slowdown

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 6 (Bernama) -- The crude palm oil (CPO) futures market is expected to trade in a volatile “yo-yo” pattern next week, as year-end holidays lead to reduced participation from international traders,  a trader said.

Rubber Market To See Mixed Performance Amid Ongoing Supply Concerns Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian rubber market is expected to show mixed performance amid ongoing natural rubber (NR) supply concerns due to heavy rains in major producing regions, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

KLCI Futures Likely To See Uptrend Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to see an uptrend next week, tracking the underlying cash market.

CPO Futures Rebound After Two-day Slide On Bargain Buying

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a two-day losing streak to close higher on Friday, supported by bargain buying following a bullish recovery in Dalian Commodity Exchange (DCE) refined, bleached, and deodorised (RBD) palm olein futures, a researcher said.

Gold Futures End Higher As US Dollar Weakens Ahead Of Fed Meeting

KUALA LUMPUR, Dec 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker US dollar amid rising expectations of a US interest rate cut, as markets look ahead to key US inflation data before next week’s Federal Reserve policy meeting.