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Market

Bursa Malaysia's Key Index Opens Higher Before Easing Marginally

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia’s key index opened higher on Monday before easing marginally in early trade, amid continued buying interest following Wall Street’s stronger performance and easing US-China trade tensions, an analyst said.

Ringgit Opens Mostly Higher Against Major Currencies, Lower Vs US Dollar

KUALA LUMPUR, Sept 28 (Bernama) -- The ringgit opened mostly higher against major currencies but slightly lower against the US dollar, with geopolitical uncertainties supporting demand for the greenback.

CPO Futures Set To Trade Rangebound Next Week With Slight Downside Bias

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade rangebound next week, with a slight downside bias amid profit-taking activities.

Gold Futures Likely To Trade Between US$4,200 And US$4,400 Next Week

By K. Naveen Prabu

KUALA LUMPUR, Sept 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,200 and US$4,400 per troy ounce next week, with oil prices, bond yields and the US dollar expected to influence market direction.

FBM KLCI Futures Set For Bargain Hunting Next Week On US-China Trade Truce Extension

KUALA LUMPUR, Sept 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to attract bargain-hunting interest next week, supported by the extension of the US-China trade truce by another two months.

Ringgit Expected To Trade Range-Bound Next Week Ahead Of Key US Data

By K. Naveen Prabu

KUALA LUMPUR, Sept 26 (Bernama) -- The ringgit is expected to trade within a narrow range against the US dollar next week as investors await key United States economic data for further clues on the direction of interest rates.

Bargain Hunting Seen On Bursa Malaysia Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 26 (Bernama) -- Bursa Malaysia is expected to see bargain hunting next week, with the FTSE Bursa Malaysia KLCI (FBM KLCI) likely to trade within the 1,660-1,690 range, said an analyst.

Rubber Market Expected To Stay Volatile Next Week Amid Bad Weather Forecast

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 26 (Bernama) -- The Kuala Lumpur rubber market is expected to remain volatile next week amid bad weather conditions and ongoing geopolitical tensions, said industry expert Denis Low.

CPO Futures Close Lower Amid Rising Palm Oil Stocks

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, weighed down by expectations of higher palm oil stocks.

Gold Futures Snap Four-day Losing Streak To Close Higher On Better COMEX Performance

By K. Naveen Prabu

KUALA LUMPUR, Sept 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Friday, snapping four consecutive days of losses, buoyed by a better performance on the US Commodity Exchange (COMEX).

Ringgit Closes Higher Against US Dollar Despite Fed Rate Hike Expectations

By K. Naveen Prabu

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit closed higher against the US dollar on Friday, driven by bargain-hunting activity despite expectations of further US interest rate hikes.

Bursa Malaysia Ends Flat As Concerns Over US Bond Yields, West Asia Weigh

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia ended flat on Friday amid concerns over rising US Treasury yields and escalation in West Asia.