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Market

Gold Futures Likely To Remain Well-supported Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is expected to remain well-supported next week, driven by the deep United States (US) Federal Reserve rate cut cycle, rising geopolitical risks and the upcoming US elections, said an analyst. 

Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst. 

Rubber Market Is Expected To Trade Higher Next Week

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- The local rubber market is expected to trade higher next week due to a rubber supply shortage influenced by uncertain weather conditions in rubber-producing regions, said industry expert Denis Low.

Bursa Malaysia Set To Trend Higher Next Week

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia is anticipated to trend higher next week, buoyed by optimism following the US Federal Reserve’s (Fed) substantial interest rate cut.

CPO Futures Close Higher On Stronger Soybean Futures

KUALA LUMPUR, Sept 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued its upward trend to end higher for the third consecutive trading day, driven by stronger soybean oil futures on the Chicago Board of Trade, a trader said.

Gold Futures Close Higher

KUALA LUMPUR, Sept 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher amid ongoing concerns over economic slowdowns in the United States and China.

Ringgit The Clear Winner From FFR Cut, Pivots Vs USD

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 20 (Bernama) -- The ringgit is the clear winner from the 50 basis points (bps) cut to the United States federal funds rate (FFR), as it continued its appreciation against the greenback, said an analyst. 

FBM KLCI Futures End Higher, Tracking Cash Market's Performance

KUALA LUMPUR, Sept 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, in line with the performance of the underlying cash market. 

Bursa Malaysia Ends Higher In Line With Most Regional Markets

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended the morning trading session higher, tracking Wall Street’s rally overnight. 

FBM KLCI Futures Higher In Early Trade

KUALA LUMPUR, Sept 20 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session on Friday, tracking the underlying cash market.

Capital A Rises In Early Trade On Network Expansion Plans In Indonesia

KUALA LUMPUR, Sept 20 (Bernama) -- Capital A Bhd rose in early trade today following plans to expand its network in Indonesia, particularly in East Nusa Tenggara.