Market

KLCI Futures Higher In Early Trade

KUALA LUMPUR, Dec 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in early trading on Friday.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia edged higher in early trade, following mostly stronger sessions on Wall Street overnight.

Ringgit Extends Gains On Softer US Data, Fed Rate Cut

KUALA LUMPUR, Dec 12 (Bernama) -- The ringgit opened firmer against the greenback for a second day, buoyed by softer US data and the Federal Reserve (Fed)’s 25-basis-point lending rate cut.

CPO Futures Close Mixed On Concerns Of Rising Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 11 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mixed on Thursday, amid concerns that production may rise in the coming weeks, said palm oil trader David Ng.

Ringgit Jumps To 4.10 Against Greenback, Highest In Four And A Half Years

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 11 (Bernama) -- The ringgit bounced to the 4.10 level against the US dollar at Thursday’s close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.

Gold Futures End Higher After US Fed Rate Cut Decision

KUALA LUMPUR, Dec 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today after the US Federal Reserve (Fed) cut interest rates for the third time this year, making the safe-haven asset more attractive to investors.

FBM KLCI Futures Close Higher

KUALA LUMPUR, Dec 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher today, in line with the positive performance of the cash market.

Bursa Malaysia Ends Higher On Fed Rate Cut, Bucks Regional Trend

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia’s key index closed higher today, supported by bargain hunting following the United States Federal Reserve’s (Fed) 25-basis-point cut to its benchmark rate, despite a downturn in regional markets.

Rubber Market Closes Lower, Tracking Losses In Regional Futures And Crude Oil Prices

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 11 (Bernama) -- The Kuala Lumpur rubber market closed lower on Thursday, in tandem with losses in crude oil prices and regional rubber futures markets, as ringgit strengthened against the US dollar, a dealer said.

FBM KLCI Higher At Midday As US Fed Rate Cut Boosts Sentiment

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia traded higher in the morning session, supported by improved sentiment following the US Federal Reserve’s rate cut and in line with overnight gains on Wall Street.

KLCI Futures Mostly Lower In Early Trade

KUALA LUMPUR, Dec 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly lower in early trading on Thursday.

Bursa Malaysia Rises On Wall Street Rally, Fed Cut

KUALA LUMPUR, Dec 11 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by regional market optimism and Wall Street’s rebound following the US Federal Reserve (Fed)’s rate cut.