Market

Ringgit Touches An Eight-Year High Vs US Dollar At Opening

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 23 (Bernama) -- The ringgit touched an eight-year high against the US dollar at today’s opening, supported by strong domestic economic data and a softer US growth outlook, as markets digested renewed uncertainty surrounding Washington’s tariff policies, said an economist.

Bursa Malaysia Likely To Trade Higher Next Week, To Test 1,770 Level

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 21 (Bernama) -- Bursa Malaysia is likely to trade higher next week, testing the 1,770 level as investors are expected to face an active period ahead of the earnings season.

Ringgit Likely To Trade Cautiously Next Week Ahead Of Key US Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 21 (Bernama) -- The ringgit is expected to trade cautiously next week ahead of key data points in the United States, including the Conference Board Consumer Confidence Index and producer price index (PPI), as well as speeches by several Federal Reserve officials.

CPO Market Set To See Profit-taking Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to see profit-taking next week as international traders return from the Chinese New Year holiday, a trader said.

Gold Futures Likely To Trade With Positive Bias Next Week

KUALA LUMPUR, Feb 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade with a positive bias next week.

Rubber Market Likely To Trade Upward Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 21 (Bernama) -- The Malaysian rubber market is expected to trend upward next week, as heavy rainfall continues to persist across key producing regions, adversely affecting rubber productivity, an industry expert Denis Low said.

KLCI Futures Likely To Trade Sideways Next Week Amid Profit-taking Activities

By Danni Haizal Danial Donald

KUALA LUMPUR, Feb 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade sideways next week as profit-taking activities may emerge in leading blue-chip counters in the near term.

CPO Futures End Lower On Profit-taking

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 20 (Bernama) -- Crude palm oil (CPO) futures ended lower today, weighed down by profit-taking after recording strong gains on Thursday, a dealer said.

Gold Futures End Higher Tracking Gains On US Comex

KUALA LUMPUR, Feb 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives eased on Friday, tracking gains in the US Comex gold futures.

Late Bargain Hunting Lifts Bursa Malaysia To End Higher

KUALA LUMPUR, Feb 20 (Bernama) -- Late bargain hunting in selected heavyweights, mainly financial counters, has lifted Bursa Malaysia to end marginally higher on Friday.

KLCI Futures Ends Lower

KUALA LUMPUR, Feb 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower on Friday.

Ringgit Closes Higher Against Greenback On Cautious Market Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by cautious market sentiment amid ongoing negotiations between the US and Iran regarding the nuclear programme, said an economist.