Late Buying Lifts Bursa Malaysia As Oil Prices Support Energy Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters.

Rubber Market Ends Lower On Weaker Regional Futures, Hawkish Fed Outlook

By K. Naveen Prabu

KUALA LUMPUR, April 30 (Bernama) -- The rubber market closed lower today due to weaker regional rubber futures, said a trader.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia ended lower at the midday break as investors locked in profits after recent gains across the market, with selling seen in selected utilities, financial services, and technology counters.

KLCI Futures Open Lower

KUALA LUMPUR, April 30 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives on Thursday, tracking weakness in the cash market.

Bursa Malaysia Trade Choppy As Caution Persists Amid West Asia Tensions

KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia traded choppily in early dealings, with sentiment cautious amid external uncertainties, traders said.

Ringgit Opens Lower Vs US Dollar, Mixed Against Peers

KUALA LUMPUR, April 30 (Bernama) --  The ringgit opened lower against the US dollar and was mixed against other currencies, as support from firmer oil prices was offset by broad dollar strength and cautious positioning following the US Federal Reserve (Fed)’s rate decision.

CPO Futures Close Higher On Indonesia Output Concerns

By K. Naveen Prabu

KUALA LUMPUR, April 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, supported by expectations of tighter supply amid concerns over a potential decline in Indonesia’s output this year, an analyst said.

Gold Futures Close Lower In Line With US COMEX

KUALA LUMPUR, April 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, following the weaker performance of gold futures in the US COMEX.

Ringgit Closes Higher Vs US Dollar, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, April 29 (Bernama) -- The ringgit closed higher against the US dollar and regional currencies, due to easing crude oil concerns following the United Arab Emirates’ (UAE) exit from the Organization of the Petroleum Exporting Countries (OPEC) pact.

Bursa Malaysia Ends Lower On Profit-Taking In Oil-Related Counters

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended on a softer note today, as investors took profit in oil-related counters following news of the United Arab Emirates’ (UAE) decision to withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) and its allies.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, April 29 (Bernama) -- Bursa Malaysia ended the morning session lower, tracking regional peers as investor sentiment was dented following reports of the United Arab Emirates’ (UAE) move to exit the Organisation of the Petroleum Exporting Countries and its allies (OPEC+).

KLCI Futures Open Lower

KUALA LUMPUR, April 29 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened lower on Bursa Malaysia Derivatives today, moving in contrast to the cash market.