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Market

Rubber Market Closes Higher On Firmer Oil, Positive China Data

By K. Naveen Prabu

KUALA LUMPUR, April 27 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by gains in crude oil prices and positive data from China, a trader said.

Bursa Malaysia Higher As AI Optimism, Firm Commodities Offset Geopolitical Concerns

KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia remained in positive territory at mid-afternoon, rising 0.33 per cent, supported by gains in artificial intelligence (AI)-related and metals-linked counters, as stalled US-Iran talks heightened concerns over supply disruptions, thereby underpinning commodity prices.

Bursa Malaysia Stays Higher At Midday On Buying Support In Heavyweights

KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia remained in positive territory at midday, supported by buying in heavyweights, led by Press Metal, Telekom Malaysia and Petronas Chemicals.

Bursa Malaysia Opens Higher On Renewed Interest In Semiconductor-related Counters

KUALA LUMPUR, April 27 (Bernama) -- Bursa Malaysia opened higher on Monday amid renewed interest as Malaysia is seen benefitting from increased data centre investments due to its reputation as a strategically secure hub, following stronger-than-expected earnings from US chip giant Intel Corp.

KLCI Futures Open Higher

KUALA LUMPUR, April 27 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Monday in line with the cash market.

Ringgit Edges Higher Against US Dollar Amid Subdued Market Sentiment

KUALA LUMPUR, April 27 (Bernama) -- The ringgit edged higher against the US dollar but was traded mostly lower against other major currencies in early trade on Monday amid subdued market sentiment ahead of the US Federal Reserve meeting later this week, said an analyst.

Gold Futures Likely To Remain Cautious Next Week Amid West Asia War, Rising Crude Prices

By Siti Noor Afera Abu

KUALA LUMPUR, April 25 (Bernama) -- Gold futures are expected to remain cautious in the near term as the lack of positive development in the war in West Asia has resulted in crude oil prices gradually climbing.

Rubber Market To See Some Volatility With Slight Downtrend Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 25 (Bernama) -- The Malaysian rubber market is expected to see some volatility next week with a slight downtrend amid the shortage of crude oil flowing through the Strait of Hormuz, said an industry expert Denis Low.

CPO Futures Expected To Trade Lower On Profit-taking Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week amid profit-taking, a trader said.

Bursa Malaysia Likely To Trade Sideways Between 1,700 And 1,730 Next Week

By Abdul Hamid A Rahman

KUALA LUMPUR, April 25 (Bernama) -- Bursa Malaysia’s key index is likely to move sideways within the 1,700–1,730 range next week, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

Ringgit Seen Trading Within RM3.94-RM3.96 Range Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, April 25 (Bernama) -- The ringgit is expected to trade in a tight band next week,  hovering between RM3.94 and RM3.96 as investors await further economic data from the United States, according to an economist.

CPO Futures End Higher, Tracking Rally In Energy Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed moderately higher today, tracking gains in energy prices,