Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.

Kuala Lumpur Rubber Ends Higher On China Demand, Oil Price Surge

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 13 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by stronger physical demand from China and higher crude oil prices, despite mixed regional rubber futures, a dealer said.

Short-term Gold Prices Likely To Hover US$3,800-US$4,200 Per Troy Ounce -- Go Capital

KUALA LUMPUR, July 13 (Bernama) -- Gold prices are likely to hover between US$3,800 and US$4,200 (US$1=RM4.071) per troy ounce amid pressure from crude oil prices and inflation, Go Capital Growth Sdn Bhd general manager Hong Kok Wah said.

Shipping Recovery To Take Time As Malaysian Ports Prepare For Hormuz Backlog

By Harizah Hanim Mohamed

KUALA LUMPUR, July 13  (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.

Ringgit Opens Slightly Lower Vs Greenback Amid Fragile West Asia Ceasefire

KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.

CPO Futures Seen Trading With Bearish Bias Next Week Amid Weak External Cues

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week as weaker soybean oil and crude oil prices continue to weigh on market sentiment.

Rubber Market Set To Trade With Downside Bias Next Week Amid West Asia Tensions, Weak Demand

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- The Kuala Lumpur rubber market is expected to trade cautiously with a downside bias next week amid escalating geopolitical tensions in West Asia, subdued demand and weather-related supply disruptions.

CPO Futures End Lower On Rising Stocks, Weak export Performance

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Friday, weighed down by concerns over rising stock levels in the country, weaker-than-expected export performance and lower crude oil and soybean oil prices.

Bursa Malaysia Opens Higher Tracking Wall Street Cues

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking overnight gains on Wall Street spearheaded by tech stocks, amid West Asia uncertainties.

Bursa Malaysia Opens Lower Amid West Asia Uncertainty

KUALA LUMPUR, July 9 (Bernama) -- Bursa Malaysia opened lower on Thursday, reversing the previous session's gains as escalating tensions in West Asia weighed on investor sentiment.

CPO Futures End Higher On Firmer Crude Oil Prices

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, supported by firmer crude oil prices amid heightened geopolitical tensions in West Asia.

Ringgit Ends Higher Against Most Major Currencies, Weaker Versus US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 8 (Bernama) -- The ringgit closed higher today, strengthening against major currencies but easing against the US dollar as persistent geopolitical tensions in West Asia boosted demand for the safe-haven greenback, said an analyst.