1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade quietly next week due to the Chinese New Year festivities, according to Interband Group of Companies' senior palm oil trader, Jim Teh.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Jan 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in a tight range due to the holiday-shortened trading period amid the festive season.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 25 (Bernama) -- Rubber market prices and demand are expected to remain volatile, with a slight upward trend forecast for next week, driven by unpredictable weather in southern Thailand, according to industry expert Denis Low.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- Bursa Malaysia is expected to trade in cautious mode next week ahead of Chinese New Year and the first US Federal Open Market Committee (FOMC) meeting of 2025, scheduled for Jan 28-29.
1y ago
KUALA LUMPUR, Jan 25 (Bernama) -- The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain within the RM4.37 to RM4.38 range, an economist said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, driven by expectations of weak output in the coming weeks, in line with the seasonal trend, said palm oil dealer David Ng.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit jumped to its highest level in almost three months against the US dollar at the close on Friday after US President Donald Trump adopted a softer tone on China tariffs and signalled that he wanted lower interest rates.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia ended lower as profit-taking activities persisted for a second consecutive day as investors positioned themselves ahead of next week’s shortened trading schedule, said an analyst.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- TH Properties Sdn Bhd signed a memorandum of understanding (MoU) with Affin Bank Bhd to roll out financing solutions to bridge the homeownership gap for young graduates, homebuyers, and property investors.
1y ago
By Karina Imran and Danni Haizal Danial Donald
KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit opened higher against the US dollar as investors remained cautious due to higher-than-expected inflation and ahead of global central bank policy updates.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 23 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed mostly lower on Thursday on extended profit-taking following concerns over weaker demand in the coming weeks, a dealer said.
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Jan 23 (Bernama) -- The ringgit edged lower against the US dollar at Thursday's close, pressured by profit-taking after Wednesday's gains and ongoing uncertainties over US President Donald Trump’s policies.