Rubber Market Ends Mixed For Third Straight Day

KUALA LUMPUR, April 10 (Bernama) -- The Kuala Lumpur rubber market ended mixed for the third consecutive day on Friday, tracking regional rubber futures, said a dealer.

Ringgit Closes Mostly Higher Against Major Currencies, Slightly Lower Versus US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, April 9 (Bernama) -- The ringgit closed mostly higher against major currencies today, but eased slightly against the US dollar amid concerns over the durability of the ceasefire between the United States and Iran.

Oil Rebounds As Markets Track US-Iran Ceasefire, Hormuz Situation

KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.

Bursa Malaysia Lower At Opening

KUALA LUMPUR, April 9 (Bernama) -- Bursa Malaysia opened lower on Thursday despite positive Wall Street performance overnight.  

CPO Futures End Lower, Tracking Crude Oil Weakness

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, mirroring the decline in oil prices following the ceasefire announced by the United States and Iran, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Rubber Futures End Mixed On Weaker Regional Cues, Firmer Ringgit

KUALA LUMPUR, April 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, weighed by softer regional futures and a firmer ringgit against the US dollar, a dealer said.

Oil Price Dips Below US$100 Per Barrel On Ceasefire Talks, Upside Risks Remain

By Siti Radziah Hamzah

KUALA LUMPUR, April 8 (Bernama) -- Oil prices fell below US$100 per barrel as the United States and Iran agreed to a two-week ceasefire in exchange for Tehran allowing safe passage through the Strait of Hormuz. 

Ringgit Rebounds To 3.99 Against US Dollar On Improved Market Sentiment

KUALA LUMPUR, April 8 (Bernama) -- The ringgit strengthened to the 3.99 level against the US dollar, supported by improved market sentiment after US President Donald Trump announced a two-week pause in military action against Iran following talks with Pakistani leaders.

Rubber Market Extends Gains On Strong Regional Futures, Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, April 7 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Tuesday, supported by gains in regional rubber futures, rising crude oil prices, and a slightly weaker ringgit against the US dollar, a dealer said.

Bursa Malaysia Lower At Midday

KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict. 

West Asia Crisis: Fuel Cost Spike 'Neutral' For Malaysia's Utility Players - Kenanga IB

KUALA LUMPUR, April 7 (Bernama) -- The recent spike in fuel costs due to the West Asia crisis is expected to be “neutral” for most utility players, given the established fuel-cost pass-through mechanisms, according to Kenanga Investment Bank Bhd (Kenanga IB).

Weststar Unaffected By West Asia Crisis After Exiting Region

KUALA LUMPUR, April 6 (Bernama) -- Weststar Group is not affected by the West Asia crisis, having exited its offshore transportation operations in the region since late last year.