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Market

Rubber Market Extends Gains On Strong Regional Futures

KUALA LUMPUR, June 12 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said.

Bursa Malaysia Stays Higher At Midday On Improved Risk Appetite

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia ended the morning session in positive territory as investors' risk appetite improved following the strong overnight rebound on Wall Street.

Bursa Malaysia Gains In Early Trade On Improved Risk Appetite

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia opened higher on Friday, taking cues from Wall Street, which staged a sharp rally led by technology stocks after United States (US) President Donald Trump made positive remarks regarding the prospects for a deal in West Asia.

Ringgit Opens Higher Against Greenback, Most Regional Peers

KUALA LUMPUR, June 12 (Bernama) -- The ringgit opened higher against the US dollar and was mostly firmer against regional peers on Friday amid easing geopolitical tensions in West Asia, which lifted sentiment towards the local note.

CPO Futures Close Higher On Firmer CBOT Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 11 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, supported by firmer Chicago Board of Trade (CBOT) soybean oil prices during Asian trading hours, a trader said.

KLCI Futures Close Mixed, Tracking Cash Market Performance

KUALA LUMPUR, June 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended mixed today, reflecting the performance of the underlying cash market.

Gold Futures Extend Losses Amid Rate Hike Concerns

KUALA LUMPUR, June 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losses to close lower on Thursday, tracking softer US COMEX performance as market sentiment was weighed down by growing concerns over the Federal Reserve interest rate hike following higher inflation.

Ringgit Closes Slightly Higher Against US Dollar, Major Currencies

By Danni Haizal Danial Donald

KUALA LUMPUR, June 11 (Bernama) -- The ringgit ended slightly higher against the greenback and other major currencies on Thursday, shrugging off the impact of stronger-than-expected US inflation data for May.

Rubber Market Ends Higher As It Tracks Regional Gains

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Thursday, buoyed by gains in regional rubber futures markets and crude oil.

Bursa Malaysia Posts Slight Gains At Close On Selective Buying

By Harizah Hanim Mohamed

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia ended marginally higher after trading within a narrow range, supported by selective buying that offset profit-taking activities.

Heavyweight Stocks Lift Bursa Malaysia, Pare Losses At Midday

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia pared its losses at the lunch break as bargain hunting emerged in selected heavyweight stocks, led by Petronas Chemicals, Tenaga Nasional and Kuala Lumpur Kepong.

KLCI Futures Open Lower

KUALA LUMPUR, June 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Wednesday, tracking the underlying cash market performance.