Rubber Market Ends Mixed On Weak Regional Futures, Declining Oil Prices
By Siti Noor Afera Abu
KUALA LUMPUR, Sept 11 (Bernama) -- The rubber market ended mixed on Friday, tracking weaker regional rubber futures and a decline in crude oil prices.
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By Siti Noor Afera Abu
KUALA LUMPUR, Sept 11 (Bernama) -- The rubber market ended mixed on Friday, tracking weaker regional rubber futures and a decline in crude oil prices.
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by continued selling pressure in most heavyweight counters in line with weaker regional performance amid surging oil prices due to ongoing US-Iran tensions.
KUALA LUMPUR, Sept 11 (Bernama) -- Plantation counters remained in focus as investment banks maintained a positive stance following a surge in Brent crude oil prices beyond US$100 per barrel amid renewed US-Iran tensions.
KUALA LUMPUR, Sept 11 (Bernama) -- Rubber glove counters dominated active trading in the morning session, with their share prices rallying amid rising crude oil prices.
By Rosemarie Khoo & Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 11 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking continued weakness on Wall Street as the prolonged US-Iran conflict and high crude oil prices weighed on sentiment, an analyst said.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Sept 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, weighed down by weaker palm oil export estimates despite higher crude oil prices.
KUALA LUMPUR, Sept 10 (Bernama) -- Malaysian crude grades continued to command significantly higher premiums over Dated Brent, a benchmark for physical crude oil prices, indicating that the country was able to partially cushion the impact of lower outright oil prices on revenues.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 10 (Bernama) -- The ringgit closed marginally higher against the US dollar on Thursday despite elevated crude oil prices and expectations of a possible US interest rate hike, as investors looked ahead to the release of US consumer price index (CPI) data on Friday.
By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia finished lower on Thursday, along with other regional markets, as the widening war in West Asia and high oil prices weighed on sentiment.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Sept 10 (Bernama) -- The rubber market ended mixed today, tracking regional rubber futures and domestic natural rubber production, a dealer said.
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by continued selling pressure amid heightened geopolitical tensions in West Asia, elevated crude oil prices and higher US Treasury yields.
KUALA LUMPUR, Sept 10 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s broadly weaker performance overnight amid rising crude oil prices and US Treasury yields, an analyst said.