Gold Futures End Lower As Market Awaits US Non-Farm Payrolls
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance of gold in the global market.
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By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, tracking the weaker performance of gold in the global market.
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 2 (Bernama) -- The ringgit continued to trade lower against the US dollar on Wednesday but strengthened against the British pound and the euro amid rising global bond yields and concerns over elevated government debt levels.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia ended higher on Wednesday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday.
KUALA LUMPUR, Sept 2 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) expects the ringgit to remain supported by Malaysia’s relatively resilient economic fundamentals, although short-term movements are likely to remain sensitive to United States (US) monetary policy expectations and broader risk sentiment.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday but pared its gains soon after, tracking Wall Street’s overnight weakness as higher crude oil prices and rising United States (US) bond yields weighed on market sentiment.
By Abdul Hamid A Rahman
KUALA LUMPUR, Sept 1 (Bernama) -- Bursa Malaysia opened higher on Tuesday but soon pared its gains, tracking Wall Street’s weaker performance yesterday.
KUALA LUMPUR, Sept 1 (Bernama) -- The ringgit opened lower against the US dollar on Tuesday amid elevated US Treasury yields and uncertainty over the US Federal Reserve’s (Fed) interest rate outlook, said an analyst.
BATU PAHAT, Aug 30 (Bernama) – The Ministry of Plantation and Commodities (KPK), through its agencies including the Malaysian Palm Oil Board (MPOB), is ready to assist smallholders in dealing with the effects of the El Nino phenomenon.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are likely to trade higher next week, in line with the cash market, said an analyst.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Aug 29 (Bernama) -- Bursa Malaysia is expected to remain range-bound within the 1,710–1,740 levels with a positive bias next week, an analyst said.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.