Market

CPO Futures End Higher On Stronger Crude Oil, Soybean Oil Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, driven by stronger crude oil and soybean oil prices amid tensions in West Asia.

Gold Futures End Lower In Sync With COMEX

KUALA LUMPUR, July 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking weaker gold prices on the US Commodity Exchange (COMEX).

KLCI Futures Close Mostly Higher

KUALA LUMPUR, July 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mostly higher on Wednesday in line with the cash market. 

Ringgit Ends Easier Against Greenback Amid West Asia Tensions

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 23 (Bernama) -- The ringgit closed slightly lower against the US dollar on Thursday as escalating tensions in West Asia fuelled expectations of a potential United States (US) interest rate hike, supporting the greenback.

Bursa Malaysia Snaps 3-Day Losing Streak To End Higher

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties.

Rubber Market Ends Higher On Gains In Regional Futures, Surge In Oil Prices

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 23 (Bernama) -- The Kuala Lumpur rubber market closed higher on Thursday, tracking gains in regional rubber futures markets and a surge in crude oil prices.

Bursa Malaysia Edges Higher At Mid-day Amid Firmer Crude Oil Prices

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia closed marginally higher at mid-day in subdued market sentiment, with buying interspersed with selling in selected heavyweight stocks, tracking gains in regional markets amid surging crude oil prices.

KLCI Futures Open Marginally Lower

KUALA LUMPUR, July 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Bursa Malaysia Derivatives on Wednesday.

Bursa Malaysia Opens Higher On Global Tech Earnings Spillover

KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia opened firmer on Thursday, tracking regional peers, as upbeat earnings from global technology (tech) companies spilt over to local tech stocks.

Ringgit Eases Against US Dollar, Tracks Major Currencies

By Siti Radziah Hamzah & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 23 (Bernama) -- The ringgit eased against the US dollar in the early session, tracking other major currencies, as the domestic unit is likely to stay cautious amid lingering West Asia tensions that further disrupt global oil and gas flows. 

CPO Futures Finish Mostly Higher On Expectation Of Tighter Supply, B50 Biodiesel Mandate

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Wednesday, supported by expectations of tighter supplies, Indonesia’s B50 biodiesel mandate and the commodity’s price discount against competing edible oils.

Gold Futures End Higher Tracking COMEX Gains

KUALA LUMPUR, July 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today, tracking gains in gold prices on the US Commodity Exchange (COMEX).