Market

Ringgit Opens Firmer Against US Dollar, Major Currencies

By Zufazlin Baharuddin and K.Naveen Prabu

KUALA LUMPUR, Jan 8 (Bernama) -- The ringgit opened firmer against the US dollar and major currencies on Thursday, supported by stable regional foreign exchange conditions, despite firmer US economic data overnight.

CPO Futures Higher On Rumours Indonesia May Raise Export Duty To 15 Pct

KUALA LUMPUR, Jan 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Wednesday on market rumours that Indonesia may raise CPO export duty to fund the B50 biodiesel mandate, said a trader.

Gold Futures End Higher, Despite Weaker US COMEX Performance

KUALA LUMPUR, Jan 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, despite their weak performance in the US COMEX.

SC To Review Derivatives Levy Remittance By Bursa Malaysia Before 2028

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia Bhd today clarified that the amount of remittance from derivatives levy to the Securities Commission Malaysia (SC) will be reviewed by the commission prior to the expiry of the three-year period ending in 2028.

KLCI Futures End Mostly Higher

KUALA LUMPUR, Jan 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday. 

Ringgit Eases Against Greenback Ahead Of US Economic Data Releases

KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit ended lower against the US dollar on Wednesday as markets adopted a cautious stance ahead of key US economic data releases later tonight, an analyst said.

Bursa Malaysia's Key Index Rebounds 0.27 Pct On Heavyweight Buying

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia’s benchmark index rebounded from earlier losses to close at its intraday high on Wednesday, gaining 0.27 per cent in late trading as buying interest returned to selected heavyweights.

Rubber Market Closes Mixed With SMR 20 Uptrend On Regional Gains

KUALA LUMPUR, Jan 7 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Wednesday, with Standard Malaysian Rubber (SMR) 20 prices continuing their uptrend supported by gains in regional rubber futures markets, a dealer said.

Bursa Remains Easier At Midday Amid Lack Of Catalysts

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia ended the morning session on a slightly lower note, amid a healthy profit-taking pullback in the absence of fresh domestic catalysts.

KLCI Futures Open Lower In Early Trade

KUALA LUMPUR, Jan 7 (Bernama) --  The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts were lower in early trade today tracking the lower underlying cash market.

Bursa Malaysia Edges Lower In Early Trade

KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia opened lower on Wednesday, amid lacklustre trading, with the benchmark index slipping below the 1,670 level. 

Ringgit Opens Lower Vs Greenback, Higher Against Major Currencies Ahead Of Key US Jobs Data

By Zufazlin Baharuddin and K.Naveen Prabu

KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly lower against the US dollar on Wednesday but higher against major currencies as investors stayed cautious ahead of a busy week of US labour-market data.