Market

Ringgit Seen To Trade Within RM4.12-RM4.14 Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit is expected to hold steady within RM4.12 to RM4.14 next week as traders and investors remain cautious ahead of the US Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) meeting in December.

Gold Futures Likely To Trade Higher Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as prevailing data points appear to support the possibility of a US Federal Reserve interest rate cut in December.

Rubber Market Likely To Trade Sideways With An Upside Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 29 (Bernama) -- The Malaysian rubber market is expected to trade sideways with a slight upward bias in cautious mode next week.

KLCI Futures Expected To See Some Recovery Next Week

By Anas Abu Hassan

KUALA LUMPUR, Nov 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trend with an upward bias next week, tracking the underlying cash market.

Ringgit Ends Firmer Vs Greenback As Expectations Rise For US Interest Rate Cut

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit extended its gains to close marginally higher against the US dollar on Friday on the rising expectations for a cut in US interest rates in December.

Kuala Lumpur Rubber Market Closes Lower In Tandem With Regional Peers

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 28 (Bernama) -- The Kuala Lumpur rubber market closed lower today, mirroring the weakness in regional rubber futures markets, a dealer said.

Bursa Malaysia Ends Morning Session Easier

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia ended the morning session lower today with substantial selling observed across the board, tracking softer regional market movements amid a lack of fresh catalysts.

KLCI Futures Mostly Lower In Early Trade

KUALA LUMPUR, Nov 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly lower in early trading on Friday.

Bursa Drifts Lower In Quiet Early Trade

KUALA LUMPUR, Nov 28 (Bernama) -- Bursa Malaysia’s benchmark index opened almost flat on Friday and drifted lower in early trade amid muted sentiment and the absence of fresh catalysts following Wall Street’s Thanksgiving closure.

Ringgit Opens Firmer Vs US Dollar As Rate-cut Expectations Grow

KUALA LUMPUR, Nov 28  (Bernama) -- The ringgit opened firmer against the US dollar on Friday, supported by sustained optimism over a potential shift in US monetary policy and improving sentiment toward emerging-market currencies.

CPO Futures End Higher On Stronger Soybean, Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by stronger soybean oil prices.