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Ringgit Closes Lower AS Greenback Demand Rises Amid Global Uncertainties

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit closed lower against the US dollar on the last trading day of 2024 on rising demand for the safe-haven currency amid ongoing global economic uncertainties.

Ringgit Opens Firmer Despite Safe-Haven Demand

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Dec 31 (Bernama) -- The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency amid ongoing global economic uncertainties and heightened geopolitical risks, an analyst said.  

CPO Futures Close Lower Due To Profit Taking From Recent Rally

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, reversing earlier gains as traders booked profit amid the recent price rally, said a dealer.

Gold Futures End Lower Amid Uncertainties On Fed Monetary Easing Cycle

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today clouded by policy uncertainties ahead of the new US administration under President-elect Donald Trump.

Sabah Allocates RM124.7 Mln For Industrial, Entrepreneur Development Next Year - Hajiji

KOTA BELUD, Dec 30 (Bernama) -- The Sabah state government has allocated RM124.7 million for the development of its industrial and entrepreneurial sectors next year, said Chief Minister Datuk Seri Hajiji Noor.

Samenta Calls For Kelantan Govt To Reconsider Halal Cert Requirement For F&B Operators

KUALA LUMPUR, Dec 28 (Bernama) -- The Small and Medium Enterprises Association Malaysia (Samenta) has urged the Kelantan government to reconsider its decision to mandate halal certification for food and beverage (F&B) operators in the state. 

CPO Futures May Be Supported By Weaker Output, Lower Stocks Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week due to weaker output and lower stock levels, according to palm oil trader David Ng.

Bursa Malaysia Higher At Midday, CI Up 1.10 Pct

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia ended the morning session on a higher note, driven by continuous buying interest in selected blue-chip stocks amid window dressing activities.

Gold Futures Rebound To Close Higher

KUALA LUMPUR, Dec 26 (Bernama) -- Gold futures rebounded to end higher on Thursday on renewed interest as traders returned after the Christmas holiday.

SMR 20 Rubber at 1 Week High Amid Stronger Regional Oil Markets

KUALA LUMPUR, Dec 26 (Bernama) -- The local Standard Malaysian Rubber 20 (SMR 20) market traded sharply higher to a one-week high mirroring regional rubber futures markets supported by gains in benchmark crude oil prices.

CPO Futures End Mixed Amid Higher Vegetable Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed earlier losses to close mixed, following a volatile trading session, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Rise In Oil Prices Lifts Ringgit Higher At Close

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit maintained its upward trajectory to close higher against the US dollar and major currencies, mainly lifted by rising oil prices.