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CPO Futures Forecast To Trade With Positive Bias Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a positive bias next week on the back of strong export performance, a trader said. 

Gold Futures Likely To Be Less Bullish Next Week

By Anas Abu Hassan

KUALA LUMPUR, Oct 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to be less bullish next week, but will still be supported amid ongoing geopolitical tensions, an analyst said.

Rubber Market Likely To Trade Sideways Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 12 (Bernama) -- The local rubber market is expected to trade sideways with a downward bias next week influenced by the escalating Red Sea crisis and the European Commission's (EC) proposal for a year-long delay to the EU Deforestation Regulation (EUDR), said industry expert Denis Low.

MITI Launches Anti-Dumping Duty Probe On Steel Wire Rods From China, Indonesia, Vietnam

KUALA LUMPUR, Oct 11 (Bernama) -- The Investment, Trade and Industry Ministry (MITI) will launch an anti-dumping duty investigation into steel wire rods originating from or exported by China, Indonesia, and Vietnam. 

CPO Futures Snap Three-day Losing Streak To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Friday as concerns over stronger exports in the coming weeks supported near-term sentiment, a trader said. 

Gold Futures Close Higher

KUALA LUMPUR, Oct 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives finished higher today as the US dollar retreated ahead of the US Producer Price Index data release later tonight.

Ringgit Rebounds To End Firmer Against US Dollar

By Anas Abu Hassan

KUALA LUMPUR, Oct 11 (Bernama) -- The ringgit rebounded against the US dollar to end marginally higher today, as the greenback retreated after key United States (US) inflation data came in above expectations.

Local Rubber Market Ends Mixed Amid Weaker Regional Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 11 (Bernama) -- The Kuala Lumpur rubber market finished mixed on Friday amid weaker advice from the regional rubber futures markets and declining benchmark crude oil prices as the ringgit strengthened against the US dollar, a dealer said.

Bursa Malaysia Closes Lower On Weaker US Data

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the week lower, tracking Wall Street’s performance, as higher-than-expected inflation in the United States further diminished hopes for a jumbo US interest rate cut next month.

Global Rate Cuts Signal Policy Shifts, But Malaysia Takes A Measured Approach

KUALA LUMPUR, 11 Oct (Bernama) -- The rate cuts in several countries worldwide reflect a global shift in monetary policy towards easing, driven by differing domestic economic conditions, said an analyst. 

Wholesale And Retail Trade Sales Rise 4.7 Pct To RM149.2 Bln In August - DOSM

KUALA LUMPUR, Oct 11 (Bernama) -- Malaysia's wholesale and retail trade sector registered a 4.7 per cent year-on-year (y-o-y) growth with total sales of RM149.2 billion in August 2024, said the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Oct 11 (Bernama) -- Bursa Malaysia ended the morning session lower as traders were seeking cues on the upcoming United States (US) Producer Price Index data to gauge the Federal Reserve’s future interest rate moves, said an analyst.