Market

Ringgit Edges Lower Against Greenback At Close Ahead Of US Interest Rate Decision

By Zufazlin Baharuddin

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit closed lower against the American dollar on Wednesday ahead of a decision by the Federal Open Market Committee (FOMC) on US interest rates later tonight.

Bursa Malaysia's Index Ends Lower, Broader Market Positive, Ahead Of Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia’s key index ended lower today, in line with most regional markets, amid mixed signals from Wall Street as investors turned cautious ahead of the highly anticipated United States Federal Reserve’s (Fed) policy announcement later tonight.

Rubber Market Closes Higher, Tracking Regional Futures

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 10 (Bernama) -- The Kuala Lumpur rubber market continued its upward momentum on Wednesday driven by positive cues from regional rubber futures, a dealer said.

Bursa Malaysia Remains Lower At Mid-Afternoon

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon as investors stayed cautious and locked in profits ahead of the United States Federal Open Market Committee’s (FOMC) policy decision on interest rates, while also mirroring the downbeat performance across regional markets.

Bursa Malaysia Slips At Midday Amid Subdued Regional Sentiment

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia retreated in the morning session as investors booked profits ahead of the US Federal Reserve’s interest rate decision later today, mirroring subdued regional markets.

KLCI Futures Mostly Lower In Early Trade

KUALA LUMPUR, Dec 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly lower in early trading on Wednesday.

Bursa Malaysia Opens Lower Ahead Of US Fed Decision

KUALA LUMPUR, Dec 10 (Bernama) -- Bursa Malaysia opened lower today as investors turned cautious, taking profits ahead of the United States Federal Reserve’s rate decision and following mostly weaker Wall Street performance overnight.

Ringgit Slips Vs US Dollar, Rises Against Majors On Fed Cut Expectations

KUALA LUMPUR, Dec 10 (Bernama) -- The ringgit opened lower against the US dollar today as investors shifted their attention to incoming US economic data, maintaining confidence that the Federal Reserve (Fed) will move ahead with a 25-basis-point rate cut after its two-day meeting concludes later tonight.

CPO Futures Ends Mostly Higher On Stronger Soybean Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 9 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Tuesday, reversing earlier losses due to stronger soybean oil prices, said palm oil trader David Ng.

Ringgit Holds Steady vs Greenback At Close As FOMC Kicks Off Meeting

KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit continued to hold steady against the US dollar at Tuesday’s close, as markets positioned for a cautious tone as the Federal Open Market Committee (FOMC) begins its two-day meeting today.

FBM KLCI Futures Close Marginally Higher

KUALA LUMPUR, Dec 9 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives finished slightly higher today, tracking the cash market’s performance.

Bursa Malaysia Recoups Earlier Losses To Edge Higher, Awaits Fed Decision

By Abdul Hamid A Rahman

KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia drifted lower for most of the day but reversed earlier losses to end slightly higher on late buying as investors turned cautiously optimistic ahead of the United States Federal Open Market Committee’s (FOMC) rate decision tomorrow.