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Market

Gold Futures Close Higher, Tracking Gains In US COMEX

KUALA LUMPUR, Jan 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Monday, tracking stronger gains on the US COMEX.

Ringgit Ends Lower Amid Geopolitical Uncertainty After Venezuela Attack

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Jan 5 (Bernama) -- The ringgit ended lower against the greenback on Monday, as markets shifted toward safe-haven currencies amid rising geopolitical uncertainty after the US attack on Venezuela over the weekend, an analyst said.

KLCI Futures End Higher

KUALA LUMPUR, Jan 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed firmer on Monday, tracking the underlying cash market.

Bursa Malaysia Up 0.63 Pct On Technology Rally Amid Geopolitical Risks

By Harizah Hanim Mohamed

KUALA LUMPUR, Jan 5 (Bernama) -- Bursa Malaysia’s key index rose 0.63 per cent, sustaining a positive tone in line with major Asian markets, as a rally in technology stocks lifted sentiment, while heightened geopolitical risks reinforced investor preference for stable earnings and dependable cash flows in the Malaysian equity market.

Rubber Market Ends Higher, Tracking Regional Futures

By Durratul Ain Ahmad Fuad and Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Jan 5 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday in tandem with the uptrend in the regional rubber futures markets and a weaker ringgit against the US dollar, a dealer said. 

Bursa Malaysia Remains Steady At Mid-Afternoon

KUALA LUMPUR, Jan 5 (Bernama) --Bursa Malaysia’s key index stayed in the positive territory at mid-afternoon, with the broader market maintaining its high note as risk appetite picked up.

Bursa Malaysia Up 0.33 Pct On Firmer Risk Appetite At Mid-day

KUALA LUMPUR, Jan 5 (Bernama) -- The benchmark index for Bursa Malaysia rose 0.33 per cent at mid-day on firmer risk appetite, as more investors returned after the year-end break, with buying seen in selected heavyweight counters.

KLCI Futures Open Higher In Early Trade

KUALA LUMPUR, Jan 5 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened higher in early trade today.

Bursa Malaysia Opens Marginally Higher In Cautious Early Trade

By Harizah Hanim Mohamed

KUALA LUMPUR, Jan 5 (Bernama) -- Bursa Malaysia opened marginally higher in early trade as investors took a cautious stance ahead of a potential Chinese New Year (CNY) rally, with Venezuela-related developments having little impact on local sentiment.

Ringgit Opens Slightly Lower As Risk Aversion Lifts US Dollar

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 5 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday as global risk appetite turned more cautious, prompting investors to pare exposure to emerging-market assets.

Rising Market Participation Likely To Push Bursa Malaysia Upwards Next Week

By Anas Abu Hassan

KUALA LUMPUR, Jan 3 (Bernama) -- Bursa Malaysia is expected to see an uptrend next week as market participation and liquidity are likely to rise after being subdued amid holiday-shortened trading, said an economist.

Gold Futures Expected To Maintain Positive Bias Next Week

KUALA LUMPUR, Jan 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to maintain a positive bias next week, tracking gains on the US Commodity Exchange (COMEX).