Rubber Market Ends Lower On Weak Regional Cues, Oil Price Drop
By K. Naveen Prabu
KUALA LUMPUR, June 24 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in regional rubber futures markets, a dealer said.
| LATEST NEWS | Important for Cambodia, Thailand to adhere to spirit of dialogue, wisdom to ease tensions between two countries - Anwar | The Special Meeting of ASEAN Foreign Ministers is convened pursuant to the decision of the Prime Ministers of Malaysia, Cambodia and Thailand on Dec 11, 2025 -- KLN | Malaysia, as ASEAN Chair, will convene a Special Meeting of ASEAN Foreign Ministers in Kuala Lumpur on Dec 22, to address the current situation between Cambodia and Thailand -- KLN | |
By K. Naveen Prabu
KUALA LUMPUR, June 24 (Bernama) -- The Malaysian rubber market ended lower today, in tandem with the downtrend in regional rubber futures markets, a dealer said.
KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened marginally lower on Tuesday as cautious sentiment persisted despite Wall Street’s upbeat overnight performance, while investors reassessed ongoing global geopolitical risks, an analyst said.
KUALA LUMPUR, June 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday on the rising possibility of military de-escalation in the Middle East as United States (US) President Donald Trump announced a tentative ceasefire between Iran and Israel, said an analyst.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- The ringgit closed lower against the greenback on Monday as US involvement in the war between Israel and Iran spurred demand for safe haven assets like the American dollar, an analyst said.
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.
By Zarul Effendi Razali
KUALA LUMPUR, June 22 (Bernama) -- It is indeed a sad state of affairs to note that the calm and peaceful Tehran I saw during a visit to Iran just last April has shockingly been shattered and turned into a war zone overnight.
KOTA BHARU, June 21 (Bernama) -- The government is exploring new markets for Malaysia’s palm oil in an effort to reduce the nation’s reliance on major exporting markets affected by geopolitical conflicts.
By Abdul Hamid A Rahman and K. Naveen Prabu
KUALA LUMPUR, June 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, buoyed by the recent strength in soybean and crude oil prices.
By Zarul Effendi Razali
KUALA LUMPUR, June 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain range-bound in the near term in the absence of major developments, while remaining cautious of any signs of deterioration in Middle East stability.
By Zarul Effendi Razali
KUALA LUMPUR, June 21 Bernama) -- The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst.
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.
KUALA LUMPUR, June 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as investors remained in cautious mode amid the escalating conflict in the Middle East, said an analyst.