CPO Futures End Higher Amid Escalating West Asia Conflict
KUALA LUMPUR, April 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, amid escalating tensions in West Asia, said a trader.
| LATEST NEWS | ES Sunlogy Bhd’s unit secures RM107.5 million works sub-contract from China State Construction Engineering (M) Sdn Bhd | At 6 pm, the ringgit stood at 3.9515/9555 against US dollar from 3.9505/9545 on Friday last week | Japan 7.5-magnitude quake: Fukushima Daiichi, Daini nuclear plants report no abnormalities - Kyodo | Japan halts Tokyo–Aomori bullet train services after 7.5 quake - Kyodo | Japan quake magnitude revised to 7.5; tsunami observed off Iwate and Aomori in the Pacific, Kyodo reported | |
Market
Gold Futures Close Lower, Tracking COMEX Weakness Amid Firmer US Dollar
KUALA LUMPUR, April 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, reflecting the weaker performance in the US COMEX market, as a stronger US dollar pressured prices amid the renewed US-Iran conflict.
Ringgit Ends Marginally Lower Vs US Dollar
KUALA LUMPUR, April 20 (Bernama) -- The ringgit ended marginally lower against the US dollar on Monday, remaining in a tight range as markets kept a close watch on developments in West Asia.
KLCI Futures Close Higher, Tracking Firmer Cash Market
KUALA LUMPUR, April 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher today, in line with the firmer cash market.
Rubber Market Ends Mixed, Tracking Regional Rubber Futures
KUALA LUMPUR, April 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Monday, tracking gains in regional rubber futures amid firmer benchmark crude oil prices, said a dealer.
Bursa Malaysia Up At Midday In Line With Regional Peers
KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia’s benchmark index ended the morning trading session higher in line with the upbeat regional markets although sentiment remained cautious amid ongoing developments in the Strait of Hormuz.
KLCI Futures Lower In Early Trade
KUALA LUMPUR, April 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures traded lower on Bursa Malaysia Derivatives on Monday.
Bursa Malaysia Opens Lower Amid Protracted West Asia Uncertainties
KUALA LUMPUR, April 20 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious despite last Friday’s gains on Wall Street amid protracted West Asia uncertainties.
Ringgit Opens Almost Flat Against Greenback As Investors Seek Safe-haven Assets
KUALA LUMPUR, April 20 (Bernama) -- The ringgit opened almost flat against the US dollar on Monday as investors sought shelter in safe-haven assets, with the greenback seen as one of the ways to preserve capital.
Ringgit Likely To Trade Within Narrow Range Next Week
KUALA LUMPUR, April 18 (Bernama) -- The ringgit is likely to trade within a narrow range against the US dollar next week as external drivers remain dominant.
KLCI Futures Likely To Trade Range-bound Next Week On Improved Global Sentiment
KUALA LUMPUR, April 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives are expected to trade range-bound next week with a slight upside bias, supported by improving global sentiment and easing geopolitical concerns.
Quiet Rubber Market Seen With Sideways To Lower Bias Next Week
KUALA LUMPUR, April 18 (Bernama) -- The rubber market is expected to be quiet with a tendency to move sideways and lower next week, said industry expert Denis Low.