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Market

Gold Futures Snap Five-Day Rally To Close Lower

KUALA LUMPUR, Feb 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended a five-day winning streak to settle lower on Friday, despite continued strength in the US COMEX gold market.

FBM KLCI Futures Close Lower

KUALA LUMPUR, Feb 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower today.

Pre-CNY Profit-taking, Global Tech Concerns Drag Bursa Malaysia To Close Lower

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia finished lower on Friday as investors continue locking in gains ahead of the Chinese New Year break next week, while concerns over global technology stocks continue to dampen investor sentiment and risk appetite.

Rubber Market Ends Lower On Falling Oil Prices, Weak Regional Rubber Futures

KUALA LUMPUR, Feb 13 (Bernama) -- The Kuala Lumpur rubber market finished lower on Friday, pressured by falling benchmark crude oil prices and weak regional rubber futures, a trader said. 

Broad Selling Drags KLCI Lower At Midday

KUALA LUMPUR, Feb 13 (Bernama) -- Local shares ended the morning trading session lower, weighed down by broad-based selling across heavyweight counters, mirroring declines in regional markets.

Bursa Malaysia Posts Tepid Early Gains; Volumes Expected To Remain Thin

By Harizah Hanim Mohamed

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia posted modest gains in early Friday trade, with turnover expected to remain thin as investors stayed cautious ahead of next week’s Chinese New Year break.

Ringgit Opens Firmer On Weaker US Dollar, 4Q GDP Optimism

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Feb 13 (Bernama) -- The ringgit opened firmer against the US dollar on Friday, hovering near its strongest level in almost eight years, as persistent weakness in the greenback and improving domestic economic prospects lifted sentiment towards the local currency.

CPO Futures Close Lower On Stronger Ringgit, Concerns Over Weak Demand

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Thursday, weighed down by concerns that a stronger ringgit is dampening demand.

Gold Futures End Higher

KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended gains to close higher on Thursday, mirroring strength in the US COMEX market.

FBM KLCI Futures Close Higher

KUALA LUMPUR, Feb 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher today.

Ringgit Hits Near Eight-year High Of 3.89 Vs US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, Feb 12 (Bernama) -- The ringgit climbed to a fresh high of 3.8995 against the US dollar on Thursday, hovering near its strongest level in almost eight years.

Bursa Key Index Falls 0.32 Pct As Profit-taking Weighs On Market

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia finished today’s trading in negative territory, with the key index losing 0.32 per cent, while the broader market saw losers outnumbering gainers amid profit-taking and weak sentiment ahead of the Chinese New Year break next week.