Bursa Malaysia Ends Higher On Bargain Hunting
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia ended the week on a higher note as bargain hunting continued following the heavy sell-off earlier this week, an analyst said.
| LATEST NEWS | Semico Capital Bhd made its ACE Market debut with a 20 sen premium over its IPO price of 25 sen, with 23.47 million shares traded. | |
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia ended the week on a higher note as bargain hunting continued following the heavy sell-off earlier this week, an analyst said.
KUALA LUMPUR, July 18 (Bernama) -- The ringgit opened firmer against the US dollar on Friday as traders shied away from the greenback amid growing anticipation of an interest rate cut by the US Federal Reserve (Fed), said an analyst.
By K. Naveen Prabu
KUALA LUMPUR, July 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, as traders turned cautious ahead of key export and production figures due next week.
By K. Naveen Prabu
KUALA LUMPUR, July 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today supported by stronger prices in related markets.
By K. Naveen Prabu
KUALA LUMPUR, July 15 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today on profit-taking by traders.
KUALA LUMPUR, July 15 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, in line with strengthening Chinese yuan supported by upbeat China’s June economic data release, said an analyst.
By K. Naveen Prabu
KUALA LUMPUR, July 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, supported by gains in palm olein and soybean oil on China’s Dalian Commodity Exchange (DCE).
KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia ended the morning session slightly lower on Monday as traders continued to digest the impact of the United States’ (US) latest hefty tariffs on its trading partners, said an analyst.
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, July 12 (Bernama) -- The ringgit is expected to remain volatile next week, moving in the range between 4.24 and 4.26 against the US dollar, an analyst said.
By K. Naveen Prabu
KUALA LUMPUR, July 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher today, supported by firm export performance.
KUALA LUMPUR, July 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) opened slightly higher but retreated thereafter on Friday, amid a mixed regional market trend coupled with a lack of fresh catalysts, said an analyst.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 11 (Bernama) -- ASEAN must demand reciprocal market access from major trading partners such as the European Union (EU) and China, especially in sectors like palm oil, halal products and electric vehicle (EV) battery minerals, to safeguard its regional trade stability amid rising global protectionism, an analyst said.