Ringgit Opens Near 5-Year High At 4.07 vs US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.

CPO Futures Close Higher On Soybean Oil, Crude Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Dec 17 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, reversing earlier losses, supported by a recovery in the soybean oil market.

Gold Futures End Higher After Strong US Non-Farm Payrolls Data

KUALA LUMPUR, Dec 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today on expectations of further interest-rate cuts by the Federal Reserve next year following strong US non-farm payrolls (NFP) data. 

Ringgit Snaps Four-day Gains To End Marginally Lower Vs US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit snapped four consecutive days of gains to close slightly lower against the US dollar on Wednesday as some traders took profit.

Kuala Lumpur Rubber Market Ends Higher On Firmer Regional Peers, Oil Prices

KUALA LUMPUR, Dec 17 (Bernama) -- The Kuala Lumpur rubber market closed higher today, supported by gains in regional rubber futures markets and crude oil prices, said a dealer.

Bursa Malaysia Ends Lower On Profit-taking After Four-day Rally

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia snapped a four-day rally to end lower on Wednesday, as profit-taking emerged following the benchmark index’s move into positive year-to-date territory.

Bursa Malaysia Remains Lower At Mid-Afternoon

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon with the benchmark index decreasing by 0.48 per cent due to persistent selling activities in selected heavyweights led by financial services counters.

Continued Selling Pushes Bursa Malaysia Lower At Midday

KUALA LUMPUR, Dec 17 (Bernama) -- Continued selling activities in selected heavyweights, mainly the financial counters, have pushed Bursa Malaysia lower at midday today, despite regional peers gaining momentum.

KLCI Futures Mostly Higher In Early Trade

KUALA LUMPUR, Dec 17 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly higher in early trade on Wednesday.

Bursa Malaysia Opens Lower, Tracks Softer Regional Markets

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 17 (Bernama) -- Bursa Malaysia started lower on Wednesday on mild profit-taking in early trade, tracking weaker regional markets and mixed Wall Street cues, while firm domestic sentiment may lend support later in the session.

Ringgit Firms To 4.07 Against US Dollar On Improved Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday, extending its recent gains to hover around the 4.07 level, its strongest showing in nearly five years, underpinned by firmer domestic and external sentiment.

CPO Futures End Lower On Weak CBOT Performance

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower on Tuesday, weighed down by weaker soybean oil performance on the Chicago Board of Trade (CBOT), a trader said.