Ringgit Opens Higher Against US Dollar Ahead Of Key Us Economic Data

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit opened slightly higher against the US dollar on Monday ahead of the release of key United States (US) economic data today amid easing tensions in West Asia.

Bursa Malaysia Likely To Trade On An Upside Bias Next Week

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 1 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, supported by resilient corporate earnings, improving foreign fund inflows, and easing concerns over global trade.

Ringgit Expected To Trade Between 4.07 And 4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 1 (Bernama) -- The ringgit is expected to trade between 4.07 and 4.09 against the US dollar next week, with market sentiment likely to be guided by a series of key United States (US) economic data releases and their implications for the Federal Reserve’s interest rate outlook.

Bearish Bias Expected For CPO Futures Next Week

By K. Naveen Prabu

KUALA LUMPUR, Aug 1 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week, weighed down by weakness in the energy markets.

Gold Futures Expected To Hover Around US$4,050-US$4,100 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within a tight range of between US$4,050 and US$4,100 per troy ounce next week, with an upward bias.

Rubber Market To Trade Lower Next Week On Expectations Of Supply Increase

By K. Naveen Prabu

KUALA LUMPUR, Aug 1 (Bernama) -- The Malaysian rubber market is expected to trade lower next week as an increase in supply is expected to weigh on prices. 

KLCI Futures Seen In The 1,710-1,740 Range Next Week

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade on an upward bias within a range between 1,710 and 1,740, said an analyst.

CPO Futures End Lower On Weaker Soybean Oil Prices, Profit-taking

By K. Naveen Prabu

KUALA LUMPUR, July 31 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, tracking weaker soybean oil prices.

Gold Futures End Lower In Line With Weaker COMEX

KUALA LUMPUR, July 31 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower on profit-taking following recent gains, in line with the weaker performance on the US Commodity Exchange (COMEX).

KLCI Futures End Higher

KUALA LUMPUR, July 31 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Friday.

Ringgit Ends Week Marginally Higher Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 31 (Bernama) -- The ringgit ended the week marginally higher against the US dollar following weaker-than-expected US economic data although sentiment towards the greenback remained firm, as expectations of a Federal Reserve (Fed) interest rate hike in September stayed intact.

Bursa Malaysia Ends Higher On Blue-Chip Buying, Tracks Most Regional Markets

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets.