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Market

Ringgit Likely To Trade At Around 4.50 Against US Dollar Next Week

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 18 (Bernama) -- The ringgit is expected to trade at around 4.50 against the US dollar next week as markets brace for Donald Trump’s inauguration on Jan 20, said Kenanga Investment Bank Bhd (Kenanga IB).

Rubber Market Set For Modest Rise Next Week Amid Steady Demand Ahead Of CNY Celebrations

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 18 (Bernama) -- The rubber market is likely to move up slightly next week, with steady demand ahead of the Chinese New Year (CNY) celebration, said industry expert Denis Low. 

CPO Futures End Mostly Higher

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher on Friday, despite facing some pressure due to weak demand.

Gold Futures Close Lower Amid Cautious Market Sentiment

KUALA LUMPUR, Jan 17 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today amid cautious market sentiment. 

Ringgit Continues To Close Weaker Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit weakened against the US dollar at the close today on cautious market sentiment ahead of the inauguration of Donald Trump as the US president on Monday, said an analyst. 

FBM KLCI Futures End Higher In Line With Cash Market's Performance

KUALA LUMPUR, Jan 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended higher today, mirroring the positive performance of the underlying cash market.

Bursa Malaysia Ends On Positive Note Supported By Bargain Hunting

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia ended the week on a positive note, in line with most of its regional peers, as bargain hunting boosted the FTSE Bursa Malaysia KLCI (FBM KLCI) after a lacklustre performance over the last few days.

KL Rubber Market Ends Lower Amid Mixed Regional Futures Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Jan 17 (Bernama) -- The Kuala Lumpur rubber market ended the week on a lower note today amid mixed advice from regional rubber futures markets, said a dealer. 

Bursa Malaysia Reverses Early Losses To End Morning Session Higher

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia’s benchmark index recouped earlier losses to close the morning session higher as improved buying was seen in selected utilities and financial services heavyweights counters.

FBM KLCI Futures Lower In Early Trading

KUALA LUMPUR, Jan 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives were lower in the early trading session today.

Bursa Malaysia Slips In Early Trade, Tracking Weaker Wall Street Performance

KUALA LUMPUR, Jan 17 (Bernama) -- Bursa Malaysia opened lower on Friday, taking cues from the overnight downbeat performance of Wall Street. 

Ringgit Opens Higher Against US Dollar For Fourth Consecutive Day 

KUALA LUMPUR, Jan 17 (Bernama) -- The ringgit opened higher for the fourth consecutive day against the US dollar as investors reassessed their positions following the release of weaker US economic data, said an analyst.