19d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives retreated at the close on Tuesday as geopolitical fears eased and investors pivoted their focus toward shifting monetary dynamics.
19d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 24 (Bernama) -- The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel-Iran conflict, said an economist.
19d ago
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.
19d ago
KUALA LUMPUR, June 24 (Bernama) -- Local “telekung” (Muslim woman’s prayer veil) brand Siti Khadijah has set a sales target of RM2.5 million over a period of three months to six months for its latest telekung collection, Maharani.
19d ago
KUALA LUMPUR, June 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued to ease at the end of the morning trading session today, weighed down by persistent selling in selected heavyweights, coupled with declining oil prices amidst the ongoing tension in the Middle East.
19d ago
KUALA LUMPUR, June 24 (Bernama) -- Malaysian palm oil producers must intensify hedging efforts and expand downstream to mitigate the risk of sudden price volatility, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
19d ago
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.
20d ago
By K Naveen Prabu
KUALA LUMPUR, June 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally higher today, supported by firmer crude oil and soybean oil prices.
20d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives rebounded to close higher on Monday, driven by the escalation in geopolitical tensions as the United States (US) bombed Iran’s nuclear facilities on Sunday, an analyst said.
20d ago
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.
20d ago
By Anas Abu Hassan and Danni Haizal
KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) recovered from early losses to end higher today, supported by bargain hunting activities and sustained local investor interest albeit cautious outlook on the global economic front, an analyst said.
20d ago
By K. Naveen Prabu
KUALA LUMPUR, June 23 (Bernama) -- The Malaysian rubber market ended lower today, weighed down by weaker cues from regional rubber markets, said a dealer.