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Volatile Trade Expected For FBM KLCI Futures Next Week

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in volatile mode next week ahead of the United States (US) Presidential election.

Plantation Rally, FOMC Rate Cut To Balance Volatility Ahead Of US Election Results 

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Nov 2 (Bernama) -- Expectations of continued interest in plantation stocks amid rising crude palm oil price and the US Federal Reserve (Fed) rate cut are set to counterbalance potential election-related fluctuations, stabilising Bursa Malaysia’s performance next week.

Gold Futures Likely To Be Cautious Due To US Presidential Election

KUALA LUMPUR, Nov 2 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is likely to be on cautious trading mode as investors are expected to adopt a wait-and-see stance prior to the US presidential election on Nov 5, said dealers. 

Cautious Tone Expected For Ringgit Versus US Dollar Trading Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit is likely to trade on a cautious tone next week ahead of the US Presidential election on Nov 5, said an analyst.

Khazanah, PNB Clarify Their Divestment From FashionValet

KUALA LUMPUR, Nov 1 (Bernama) -- Khazanah Nasional Bhd and Permodalan Nasional Bhd (PNB) have issued separate statements on their RM43.9 million losses after selling their stakes in e-commerce platform Fashion Valet Sdn Bhd for RM3.1 million.

IMF Sees Robust 4.6 Pct growth For ASEAN In 2024, Revises Upward Malaysia's GDP Growth Forecast

KUALA LUMPUR, Nov 1 (Bernama) -- Growth for countries in ASEAN is forecast to be at a robust 4.6 per cent this year and 4.7 per cent in 2025, largely supported by strong domestic demand and exports, the International Monetary Fund (IMF) said on Friday.

CPO Futures Hit Fresh 2-year High For Third Consecutive Day

KUALA LUMPUR, Nov 1 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Friday, reaching a fresh two-year high for the third consecutive day at above RM4,800 per tonne, amid rising crude oil prices, said palm oil trader David Ng.

Ringgit Eases Slightly Against Greenback Ahead Of Non-farm Payroll Data, US Election

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 1 (Bernama) -- The ringgit eased slightly at the close against the US dollar on Friday ahead of the release of the American non-farm payroll (NFP) data later tonight and the US presidential election next week, said an analyst. 

SD Guthrie Lifts FBM KLCI To End Above Key 1,600 Support Level

By NurulJannah Kamaruddin

KUALA LUMPUR, Nov 1 (Bernama) -- A rally in plantation stock, SD Guthrie, propelled by a jump in crude palm oil (CPO) price to a fresh 28-month high today, lifted Bursa Malaysia’s barometer index to breach above the key psychological support level of 1,600 on Friday.

Local Rubber Market Ends Lower, Weak Sentiment Regionally

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 1 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, influenced by weaker sentiment from regional rubber futures markets, said a dealer.

NatureAlpha Unveils AI-driven Platform With Private Assets Functionality

KUALA LUMPUR, Nov 1 (Bernama) -- NatureAlpha has launched an artificial intelligence (AI)-powered solution for investors, allowing them to comprehensively assess the biodiversity and nature impacts of their investments across all their asset classes for the first time with the addition of new private assets functionality.

XPENG Listed On Fortune China's "Tech 50", "China 500" For Leading AI Mobility Innovation

KUALA LUMPUR, Nov 1 (Bernama) -- XPENG, a Chinese high-technology car company, has secured places on both the "Fortune Tech 50" and "Fortune China 500" lists, reaffirming its competitive advantage and status as a leader in technological innovation.