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Gold Futures To Hover In Narrow Range Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to hover within a narrow range next week within its current price, said SPI Asset Management managing director Stephen Innes.

FBM KLCI Seen To Move Between 1,600 And 1,610 Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.

Ringgit Seen Trading At 4.42-4.44 With Upside Bias Against US Dollar Next Week

KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.

Ringgit Closes Higher, Mirroring Regional Trend

By Abdul Hamid A Rahman

KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit closed marginally higher against the greenback in the month's final trading day, reflecting broader strength in some regional currencies.

FBM KLCI Reverses Gains, Bursa Malaysia Ends In Red Weighed By Utilities

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia’s main index failed to sustain the brief gains observed in the mid-afternoon session to end the day in the red, as selling in selected heavyweights mainly in utility and logistics counters intensified in the final hour of trading.

Rubber Market Ends Mixed Amid Tight Rubber Supply Concerns

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 29 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday due to concerns over supply disruptions caused by rain and floods in key producing countries, a dealer said.

Remembering Ananda Krishnan

By Azman Ujang

 KUALA LUMPUR, Nov 29 (Bernama) -- Billionaire tycoon T. Ananda Krishnan, who died yesterday at age 86, hardly gave exclusive media interviews, if any, earning him the reputation of a reclusive among Malaysia's richest men.

Fortude Expands Partnership With Infor To Boost Growth In ANZ As Channel Partner

KUALA LUMPUR, Nov 29 (Bernama) -- Fortude, a global digital solutions company has been appointed an Infor Channel Partner for Australia and New Zealand (ANZ), marking a significant expansion of its long-standing partnership with Infor. 

Stronger Turnaround For Capital A In 4Q 2024 Expected -- Research Houses

KUALA LUMPUR, Nov 29 (Bernama) -- Research houses are anticipating a strong turnaround for Capital A Bhd in the fourth quarter of 2024 (4Q 2024), given the seasonally stronger demand and yields, lower jet fuel price and a weakened US dollar. 

Maybank Asset Management Partners With Fidelity International To Launch Multi-Asset Fund

KUALA LUMPUR, Nov 29 (Bernama) -- Maybank Asset Management Sdn Bhd (MAM Malaysia) has launched the MAMG Alpha Capital & Income Opportunities Fund to enhance diversification and deliver both income and capital growth. 

Downturn Continues On Bursa Amid Absence Of Leads From Wall Street, US Policy Worries

KUALA LUMPUR, Nov 29 (Bernama) -- Bursa Malaysia extended its downtrend on Friday, driven by an absence of guidance from Wall Street and persistent concerns over US policy uncertainties.

Ringgit Higher Against US Dollar In Early Trade

KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit opened higher against the US dollar in early trade today amid renewed buying interest, with investors flocking towards the local currency following the Thanksgiving holidays in the United States (US).