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Market

Gold Futures End Higher Amid Softer US Dollar

KUALA LUMPUR, Nov 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Monday, supported by a softer US dollar amid expectations of a US Federal Reserve (Fed) rate cut next month.

Ringgit Strengthens Against US Dollar On Improved Market Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit rose against the US dollar on Monday, supported by improved sentiment as diminished expectations for a December United States interest rate cut alleviated pressure on emerging-market currencies.

Rubber Market Ends Lower Amid Mixed Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Nov 24 (Bernama) -- The Malaysian rubber market ended lower today, tracking the mixed performance across regional rubber futures, a dealer said.

Bursa Malaysia's Key Index Regains Ground To End Marginally Higher

By Anas Abu Hassan

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia's benchmark index reversed earlier losses to close marginally higher on Monday, tracking positive movement on most regional markets amid renewed optimism on potential United States (US) interest rate cut.

Bursa Malaysia Lower At Mid-Afternoon

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia stayed marginally lower at mid-afternoon amid a cautious mode, dragged by heavy selling in selected heavyweights led by Petronas Chemicals.

Bursa Malaysia Ends Morning Session Slightly Lower

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia retreated to end the morning trading session marginally lower today due to cautious sentiments, as investors remain watchful of external risks.

KLCI Futures Higher In Early Trade

KUALA LUMPUR, Nov 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session today.

Bursa Malaysia Edges Higher In Early Trade

KUALA LUMPUR, Nov 24 (Bernama) -- Bursa Malaysia opened higher on Monday, buoyed by Friday’s Wall Street rally and bargain-hunting activity.

Ringgit Opens Slightly Higher Vs US Dollar Amid Mixed Fed Signals

KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Monday, though sentiment stayed guarded as conflicting remarks from US Federal Reserve (Fed) officials left investors uncertain about the greenback’s near-term direction.

Bursa Malaysia Likely To Trade Range-bound With Downside Bias Next Week - Analyst

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia is expected to trade within a narrow range with a downside bias next week amid heightened volatility in global markets, said an analyst.

Ringgit Likely To Trade Between 4.13-4.16 With Slight Upward Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.

Gold Futures Likely To Trade Lower Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives are expected to trade lower next week, with traders eyeing a consolidation within the US$4,015 to US$4,075 per troy ounce range.