Ringgit Edges Higher As US Dollar Index Declines
KUALA LUMPUR, Jan 7 (Bernama) -- The ringgit opened slightly higher against the US dollar, bolstered by a weaker US Dollar Index (DXY) after the release of US economic data, an analyst said.
| LATEST NEWS | PM Anwar wants SMK Banggi's role as human capital development centre enhanced, seeks report in two weeks | RM1 million to upgrade Kampung Dogoton jetty on Pulau Banggi for the use of residents and enforcement agencies - PM Anwar | RM1.25 mln allocated for various programmes, including education, green technology and healthcare, on Pulau Banggi - PM Anwar | The upgrading of Jalan Kampung Limbuak Laut-Kampung Pengkalan Darat in Pulau Banggi will be carried out at a cost of nearly RM44 million - PM | Govt has approved more than RM31 mln to upgrade public infrastructure and facilities on Pulau Banggi - PM Anwar | |
Market
Gold Futures End Lower
KUALA LUMPUR, Jan 6 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today on weaker demand as traders remained on the sidelines ahead of this week's important US economic data, including the nonfarm payrolls (NFP) report on Friday.
CPO Futures Close Lower Amid Weak Export Concerns
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Jan 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Monday, as concern over weak exports continued to pressure prices, said palm oil dealer David Ng.
FBM KLCI Futures Close Lower
KUALA LUMPUR, Jan 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower today, mirroring losses in the underlying cash market.
Ringgit Closes Lower As Signs Of US Economic Recovery Spur Demand For Greenback
By Zarul Effendi Razali
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit continued its downtrend to close lower against the US dollar on Monday as the American economy showed further signs of recovery, spurring demand for the greenback.
Rubber Market Ends Lower Amid Weaker Regional Performance, Crude Oil Prices
KUALA LUMPUR, Jan 6 (Bernama) -- The local rubber market closed lower on Monday following a downtrend in regional rubber futures markets and weaker benchmark crude oil prices, said a dealer.
FBM KLCI Continues Slide, Mirroring Weaker Regional Performance
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends.
Bursa Malaysia Ends Morning Session In Negative Territory
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia ended the morning session down as investors sold selected plantation and financial services blue chip stocks.
FBM KLCI Futures Mostly Lower In Early Trading
KUALA LUMPUR, Jan 6 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives were mostly lower in early trading today.
Bursa Malaysia Opens Higher, Tracks Wall St’s Firm Gains
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index opened higher on Monday, tracking Wall Street’s gains after fresh demand for technology stocks propelled the US market.
Ringgit Opens Higher Ahead Of PBoC Fixing
By Karina Imran & Danni Haizal Danial Donald
KUALA LUMPUR, Jan 6 (Bernama) -- The ringgit opened higher against the US dollar and other major currencies amid cautious sentiment ahead of the People's Bank of China (PBoC) fixing today, an analyst said.
Gold Futures Likely To Be Volatile Next Week
KUALA LUMPUR, Jan 4 (Bernama) -- Trading of gold futures contracts on Bursa Malaysia Derivatives is likely to oscillate between US$2,640 and US$2,700 per troy ounce next week, said an analyst.