Market

CPO Futures Post Modest Gains On Bargain Buying

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed earlier losses to post modest gains on Thursday, supported by bargain hunting, according to palm oil trader David Ng.

Gold Futures End Lower As Fed’s Hawkish Cut Triggers Profit-taking

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower on Thursday as traders and investors locked in profits following the United States Federal Reserve’s (Fed) latest policy decision, which was seen as a “hawkish cut”.

FBM KLCI Futures End Higher

KUALA LUMPUR, Oct 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher today, tracking the upbeat performance of the cash market.

Ringgit Retreats After Five-day Rally Amid Mixed Fed Signals

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit retreated against the US dollar at Thursday’s close after a five-day rally as traders and investors locked in profits amid mixed signals from the US Federal Reserve (Fed) on the pace of future interest rate cuts.

Bursa Malaysia Ends Marginally Higher AS Investors Digest Corporate Earnings

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia closed slightly higher today as investors digested corporate earnings releases and monitored regional market developments.

Rubber Market Closes Mixed Amid Optimism Over US-China Trade Relations

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 30 (Bernama) -- The Malaysian rubber market ended mixed today amid optimism over the United States-China trade relations, a dealer said.

FBM KLCI Higher At Midday, Boosted By Bargain Hunting

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia maintained its uptrend at midday as investors continued to engage in bargain-hunting, particularly in counters within the consumers products, financial and utilities sectors.

FBM KLCI Futures Mostly Lower In Early Trade

KUALA LUMPUR, Oct 30 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly lower in early trade on Thursday.

Bursa Malaysia Opens Higher On US Rate Cut

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia opened higher on Thursday, taking its cue from Wall Street’s mixed performance overnight as investors welcomed the United States Federal Reserve’s (US Fed) second interest rate cut this year.

Ringgit Extends Gain For Seventh Day After US Rate Cut

 KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit extended its gains for the seventh day on Thursday, opening higher against the US dollar, supported by the much-anticipated 25 basis points cut last night by the US Federal Reserve (US Fed), an analyst said.

CPO Futures End Lower On Weaker Soybean, Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, following the weaker performance of soybean oil and crude oil prices, said palm oil trader David Ng.

Gold Futures Rebound As US-China Tensions Ease

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, recovering after a significant sell-off earlier in the week as easing tensions between the United States and China reduced geopolitical risks.