Market

Gold Futures End Lower As Hopes For December US Rate Cut Cool

KUALA LUMPUR, Nov 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower as expectations of a US rate cut in December eased, said SPI Asset Management managing partner Stephen Innes. 

Ringgit Ends Lower As Fed Signals Steady Rates

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit declined against the US dollar today as expectations for a United States interest rate cut in December have diminished.

KLCI Futures Close Slightly Lower

KUALA LUMPUR, Nov 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended slightly lower today.

FBM KLCI Slightly Higher At The Close

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 17 (Bernama) -- Bursa Malaysia’s benchmark index ended slightly higher on Monday amid choppy trading throughout the day, lifted by mild buying interest in selected heavyweights.  

KL Rubber Ends Higher On China Stimulus Optimism

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 17 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, supported by optimism over potential Chinese economic stimulus and a correction in the ringgit against the US dollar, a dealer said.

FBM KLCI Ends Morning Session Higher On Cautious Mode

KUALA LUMPUR, Nov 17 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning session higher amid cautious sentiment and selective accumulation in heavyweight stocks. 

Ringgit Opens Higher Against Greenback On Renewed Demand

KUALA LUMPUR, Nov 17 (Bernama) -- The ringgit opened higher against the US dollar from last Friday’s losses amid renewed demand for the local currency, underpinned by steady domestic fundamentals following Malaysia’s latest gross domestic product (GDP) report.

CPO Futures Likely To Trade Sideways Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade sideways, as traders wait for the upcoming export estimate figures, a trader said.

Rubber Market Expected To Trade Higher Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 15 (Bernama) -- The rubber market is expected to trade higher next week due to the onset of the Northeast Monsoon season, said industry expert Denis Low.

Gold Futures Seen Rebounding Next Week On Softer US Data Expectations

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade on a firmer footing next week, with traders eyeing a rebound within the US$4,160 to US$4,210 per troy ounce range.

Ringgit Likely To Stay Within 4.10-4.15 Range Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 15 (Bernama) -- The ringgit is expected to trade within the 4.10-4.15 range against the US dollar next week, supported by Malaysia’s resilient macroeconomic fundamentals amid shifting expectations over the United States’ monetary policy.

KLCI Futures To Trade Cautiously Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, Nov 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, tracking the performance of the underlying cash market.