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Rubber Market Ends Mixed Amid Regional Trends

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, with market sentiments supported by an uptrend in the regional rubber futures markets and concerns over the global natural rubber supply caused by adverse weather, a dealer said.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit remained stronger against the US dollar on Thursday, bolstered by a softer US Dollar Index (DXY), which fell 0.91 per cent to 106.036 points.

Ringgit Rises As Fed Minutes Signal Us Interest Rate Cuts Ahead

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Wednesday, buoyed by the US Federal Reserve’s (Fed) latest meeting minutes, which were perceived as less hawkish than anticipated and kept the rate-cutting narrative alive.

Rubber Market Ends Mixed Amid Steady Oil, Supply Tightness

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 27 (Bernama) -- The Kuala Lumpur rubber market ended mixed Wednesday, buoyed by steady crude oil prices and concerns over tight rubber supply due to wet weather forecasts, a market source said.

PetGas 3Q Net Profit Jumps To RM493.67 Mln, Declares 18 Sen Dividend

KUALA LUMPUR, Nov 27 (Bernama) -- Petronas Gas Bhd's (PetGas) net profit climbed to RM493.67 million in the third quarter ended Sept 30, 2024 (3Q FY2024), up from RM468.46 million in the same period last year.

Bursa Malaysia In See-saw Trade In Early Session

KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia see-sawed during the early session, with the main index swinging between gains and losses. 

Ringgit Opens Higher Vs Greenback

KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened slightly higher against the US dollar on Wednesday, amid a firm US Dollar Index (DXY) as the Federal Reserve (Fed) minutes signalled a pause in the rate cut cycle.

Ringgit Weakens After Trump Announces New Tariffs On Mexico, Canada

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit closed lower against the greenback today after United States (US) President-elect Donald Trump vowed to impose new tariffs on imports from Mexico and Canada.

 

Leong Hup's 3Q Net Profit Rises To RM135.02 Mln, Declares 1.45 Sen Dividend

KUALA LUMPUR, Nov 26 (Bernama) --Leong Hup International Bhd’s net profit rose to RM135.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM132.96 million in the same period last year on stronger performance in the Philippines and Vietnam.

Rubber Market Ends Higher On Regional Futures Uptrend

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 26 (Bernama) -- The Kuala Lumpur rubber market ended higher on Tuesday, supported by the uptrend in the regional rubber futures markets and steady crude oil prices, a dealer said.

Ringgit Opens Lower As Greenback Gains Ground

KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit opened weaker against the US dollar on Tuesday as the greenback regained strength, supported by a rebound in the US Dollar Index (DXY) from recent declines.  

Ringgit Closes Higher Against Greenback Amid Falling US Bond Yields

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit closed higher against the American dollar on Monday, buoyed by a decline in US bond yields after the appointment of Scott Bessent as the US Treasury Secretary.