1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 28 (Bernama) -- Year-end window dressing activities are expected to drive Bursa Malaysia's continued uptrend next week, fuelled by positive sentiment, according to UOB Kay Hian Wealth Advisors Sdn Bhd.
1y ago
By Nurul Jannah Kamaruddin
KUALA LUMPUR, Dec 28 (Bernama) -- The ringgit is set to exhibit softness next week during the last period of trading in 2024 and the start of 2025, with movements likely ranging between 4.47 and 4.50.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 28 (Bernama) -- The rubber market is expected to be trading range-bound with a downside bias next week as demand seems to be sluggish during the holiday season, said industry expert Denis Low.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 28 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week due to weaker output and lower stock levels, according to palm oil trader David Ng.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 27 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives rebounded to close higher on Friday due to a better-than-expected export forecast.
1y ago
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit held steady against a strong US dollar, closing little changed from yesterday's level.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 27 (Bernama) -- The local rubber market closed mixed on Friday, supported by the performance of its regional peers in response to the positive outlook for China's economy, a dealer said.
1y ago
KUALA LUMPUR, Dec 27 (Bernama) -- Penang, Johor, Selangor, Sarawak, and Kuala Lumpur dominated Malaysia’s exports, accounting for 83.8 per cent of the total in November 2024, said the Department of Statistics Malaysia (DOSM).
1y ago
By Siti Noor Afera Abu
KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit maintained its upward momentum and opened higher against the US dollar on Friday, despite the greenback's strength driven by expectations about the United States (US) administration’s trade policy.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Dec 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday following concerns over weaker demand in the coming weeks, which might raise the overall stock level in the country, said a dealer.
1y ago
KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.
1y ago
By Anas Abu Hassan
KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia sustained its bullish momentum to finish on a firm note today, supported by persistent buying interest amid positive sentiment across the board, said an analyst.