Bursa Malaysia To Remain Cautious, CI To Trade Within 1,500-1,530 Range Next Week

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, tracking Wall Street’s performance as markets digest signals from the United States (US) Federal Open Market Committee (FOMC), said an analyst.

FBM KLCI Futures Likely To Trade Cautiously Next Week, Tracking Local And US Markets

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously next week, tracking the local bourse and Wall Street’s performances, an analyst said.

CPO Futures End Mostly Higher On Firmer Soybean Oil, Export Performance

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by firmer soybean oil prices and improved sentiment driven by recent strong export performance.

Ringgit Rebounds To End Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar on Friday, as the latest developments on the Iran-Israel war sparked some buying interest in emerging currencies, a dealer said.

CPO Futures End Higher On Geopolitical Tensions

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.

Bursa Malaysia Ends Mixed In Choppy Trading

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended a choppy but directionless trading session, with the index moving in a narrow range, amid global uncertainties, as investors refrained from taking long positions.

Bursa Malaysia Almost Flat At Midday

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia remained almost flat at midday today with buying support continuing in selected heavyweights, interspersed with profit-taking led by consumer products and services counters. 

Bursa Malaysia Opens Marginally Lower Despite Wall Street's Higher Overnight Performance

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia opened marginally lower today on some mild selling activities, mainly among lower liners, despite Wall Street’s higher overnight performance.

Malaysia’s Property Sector Sets To Remain Bullish, Driven By Buying Interest – MIDF Amanah

KUALA LUMPUR, June 16 (Bernama) -- MIDF Amanah Investment Bank Bhd remains bullish on Malaysia’s property sector this year with buying interest expected to stay healthy.

Gold Futures Extend Gains On Fed Rate Cut Hopes

KUALA LUMPUR, June 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives advanced for a second consecutive day, driven by softer US inflation data that strengthened market expectations for interest rate cuts by the US Federal Reserve (Fed) later this year.

Bursa Malaysia Ends Marginally Higher Amid Cautious Regional Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia closed slightly higher today, with the key index climbing 0.18 per cent, supported by buying in utilities and telecommunications heavyweights, despite softer regional sentiment due to profit-taking and caution surrounding the United States-China trade deal.

Local Institutional Buying Fuels Bursa Malaysia At Opening

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia extended yesterday’s momentum to open higher today, as current stock valuations remain appealing, prompting continued accumulation by local institutions, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.