FBM KLCI Futures Seen To Rebound Amid Oversold Conditions Next Week

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to remain range-bound next week, although its oversold condition could allow for a technical rebound, an analyst said.

Gold Futures Seen Trading In US$4,100-US$4,300 Range Next Week

KUALA LUMPUR, Oct 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,100 and US$4,300 per troy ounce next week, with the precious metal expected to remain highly sensitive to United States economic data and broader monetary policy expectations.

Ringgit Expected To Gain Ground Next Week Amid Weaker US Jobs Data

KUALA LUMPUR, Oct 3 (Bernama) -- The ringgit is expected to strengthen against the US dollar next week, trading in the range of RM4.07 to RM4.08, as weaker-than-expected US employment data could reinforce expectations that the US Federal Reserve might skip a rate hike this month.

Gold Futures End Higher Ahead of US Nonfarm Payrolls Report

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Friday, in line with firmer global bullion prices, and amid continued caution ahead of the US nonfarm payrolls report tonight.

Bursa Malaysia's Key Index Stays Higher At Midday

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia’s key index continued its uptrend, rising 0.33 per cent at midday, supported by bargain hunting in selected heavyweights.

Bursa Malaysia Opens Marginally Higher On Easing US Treasury Yields, Fed Tone

KUALA LUMPUR, Oct 2 (Bernama) -- Bursa Malaysia rebounded to open marginally higher on Friday, as easing US Treasury yields and a measured tone from the Federal Reserve provided some relief to market sentiment.

Ringgit Ends Higher Against Major Currencies, Easier Vs Greenback

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit ended higher against a basket of major currencies but slid against the US dollar on Thursday, as the greenback remained well supported despite waning expectations of an interest rate hike by the United States (US) Federal Reserve (Fed).

Bursa Malaysia Extends Losses At Midday On Selling Pressure

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia continued its downtrend at midday amid selling pressure, tracking mixed global market performance as risk sentiment remained capped by the relentless rise in United States Treasury yields.

Bursa Malaysia Stays Lower At Mid-Morning 

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia remained lower at mid-morning, weighed down by selling in selected heavyweights, led by healthcare, industrial products and utilities counters.

Bursa Malaysia Opens Lower On Higher US Yields, West Asia Tensions

KUALA LUMPUR, Oct 1 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking Wall Street’s mixed performance as higher US Treasury yields and ongoing tensions in West Asia dampened buying interest.

Ringgit Opens Higher Against Major Currencies, Slightly Lower Vs US Dollar

KUALA LUMPUR, Oct 1 (Bernama) -- The ringgit opened higher against a basket of major currencies but slightly lower against the US dollar on Thursday, weighed by stronger-than-expected US economic data that supported the greenback.

Ringgit Ends Slightly Higher Against Greenback On Fed Rate Outlook

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 30 (Bernama) -- The ringgit ended slightly higher against the greenback on Wednesday, supported by expectations that the US Federal Reserve (Fed) may hold off on raising interest rates next month following weaker-than-expected consumer sentiment data.