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Market

Bursa Malaysia Reverses Earlier Losses To Close Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia ended today’s trading session on a firmer note, reversing earlier losses as gains in the benchmark index were driven by industrial and consumer stocks.

Bursa Malaysia Pares Earlier Losses To End Morning Session Higher

KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia pared earlier losses to close the morning trading session higher on Thursday, outperforming regional peers as buying activities emerged in selected heavyweights, mainly the industrial and consumer product and services counters.

Bursa Malaysia Opens Lower Amid Weaker Wall Street Cues

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 18 (Bernama) -- Bursa Malaysia opens lower on Thursday in line with Wall Street’s weaker overnight performance.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Dec 18 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in early trade on Thursday.

Ringgit Opens Near 5-Year High At 4.07 vs US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.

CPO Futures Close Higher On Soybean Oil, Crude Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Dec 17 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, reversing earlier losses, supported by a recovery in the soybean oil market.

Gold Futures End Higher After Strong US Non-Farm Payrolls Data

KUALA LUMPUR, Dec 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today on expectations of further interest-rate cuts by the Federal Reserve next year following strong US non-farm payrolls (NFP) data. 

Ringgit Snaps Four-day Gains To End Marginally Lower Vs US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit snapped four consecutive days of gains to close slightly lower against the US dollar on Wednesday as some traders took profit.

Kuala Lumpur Rubber Market Ends Higher On Firmer Regional Peers, Oil Prices

KUALA LUMPUR, Dec 17 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by gains in regional rubber futures markets and crude oil prices, said a dealer.

Bursa Malaysia Ends Lower On Profit-taking After Four-day Rally

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia snapped a four-day rally to end lower on Wednesday, as profit-taking emerged following the benchmark index’s move into positive year-to-date territory.

Bursa Malaysia Remains Lower At Mid-Afternoon

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon with the benchmark index decreasing by 0.48 per cent due to persistent selling activities in selected heavyweights led by financial services counters.

Continued Selling Pushes Bursa Malaysia Lower At Midday

KUALA LUMPUR, Dec 17 (Bernama) -- Continued selling activities in selected heavyweights, mainly the financial counters, have pushed Bursa Malaysia lower at midday today, despite regional peers gaining momentum.