Bursa Malaysia Opens Higher As Firm Ringgit Lifts Sentiment

KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia opened higher on Tuesday, supported by positive sentiment from the stronger ringgit despite Wall Street’s downbeat performance.

Ringgit Opens Lower Against US Dollar Ahead Of FOMC Meeting

KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments as the Federal Open Market Committee (FOMC) begins its two-day meeting today.

CPO Futures Close Lower In Sync With Soybean Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, tracking the weakness in soybean oil prices, a trader said.

Ringgit Steady Against Greenback Ahead Of Fed Meeting Tomorrow

Ringgit Opens Higher As Tomorrow's FOMC Meeting Pressures Greenback 

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 8 (Bernama) -- The ringgit opened firmer against the US dollar this morning, carried by last week’s positive momentum as the greenback continued to weaken ahead of the two-day Federal Open Market Committee (FOMC) meeting starting tomorrow.

Ringgit To Remain Steady, Trade Within 4.10-4.12 Versus Greenback Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit is expected to remain steady and trade within the 4.10–4.12 range against the US dollar next week, supported by market expectations of an interest rate cut by the US Federal Reserve (Fed) at its upcoming Federal Open Market Committee (FOMC) meeting. 

Rubber Market To See Mixed Performance Amid Ongoing Supply Concerns Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian rubber market is expected to show mixed performance amid ongoing natural rubber (NR) supply concerns due to heavy rains in major producing regions, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).

Gold Futures End Higher As US Dollar Weakens Ahead Of Fed Meeting

KUALA LUMPUR, Dec 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, buoyed by a weaker US dollar amid rising expectations of a US interest rate cut, as markets look ahead to key US inflation data before next week’s Federal Reserve policy meeting.

Maybank, CIMB Expect Improving Orders At VS Industry; HLIB Stays Cautious

KUALA LUMPUR, Dec 5 (Bernama) -- Two research firms expect order flows at VS Industry Bhd to improve over the coming quarters despite a weaker first-quarter performance, while another has maintained a cautious view due to softer customer demand and margin pressure.

FBM KLCI Opens Lower On Cautious Mode

KUALA LUMPUR, Dec 5 (Bernama) -- Bursa Malaysia opened lower on mild profit-taking after Wall Street’s mixed close, as investors adopted a cautious stance ahead of next week’s interest rate decision by the United States Federal Reserve (Fed).

Ringgit Opens Stronger At RM4.10 Vs Greenback

By Karina Imran & Naveen Prabu

KUALA LUMPUR, Dec 5 (Bernama) -- The ringgit opened firmer on Friday at around RM4.10 to the US dollar, with improving fiscal conditions supporting investor sentiment toward the local currency.

CPO Futures Extend Losses Due To Bearish Factors, Stronger Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to close lower on Thursday, driven by a confluence of bearish factors, while the stronger ringgit against the US dollar exerted additional downward pressure on ringgit-denominated CPO contracts.