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Gold Futures To Trade In Consolidation Mode Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 14 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives (BMD) is likely to trade in consolidation mode next week, ahead of the United States (US) Federal Open Market Committee’s meeting on Sept 17-18. 

Gold Futures End Higher

KUALA LUMPUR, Sept 13 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended higher today due to expectations of interest rate cuts by the United States Federal Reserve. 

Ringgit Breaches 4.30 Level Against US Dollar, Hits 20-month High

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Sept 13 (Bernama) -- The ringgit breached the RM4.30 level today, hitting a 20-month high against the US dollar, as traders expect the United States Federal Reserve (Fed) to cut interest rates between 25 and 50 basis points, said an economist.

Bursa Malaysa Ends On A High Note

By Siti Radziah Hamzah

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.

Bursa Malaysia Higher At Midday Following Overnight Gains On Wall Street

KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia experienced a positive trend at midday, buoyed by strong gains on Wall Street overnight, while investors await the United States Federal Reserve (Fed) meeting next week.