By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by ongoing concerns over natural rubber supply shortages due to rainy weather and optimism from improved Chinese economic data, said a dealer.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued to close lower on Thursday, driven by a confluence of bearish factors, while the stronger ringgit against the US dollar exerted additional downward pressure on ringgit-denominated CPO contracts.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking declines in regional rubber futures markets and a stronger ringgit against the US dollar, said a dealer.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday, reversing earlier gains amid expectations of rising stocks, said palm oil trader David Ng.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 3 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday following downward momentum in regional rubber futures and a slightly stronger ringgit against the US dollar, a dealer said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today in view that production may have reached its seasonal peak, a palm oil trader said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 2 (Bernama) -- The Kuala Lumpur rubber market closed higher on Tuesday, lifted by ongoing concerns over natural rubber (NR) supply in Thailand, the world’s largest rubber producer, a dealer said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit is expected to hold steady within RM4.12 to RM4.14 next week as traders and investors remain cautious ahead of the US Federal Reserve’s (Fed) Federal Open Market Committee (FOMC) meeting in December.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 29 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as prevailing data points appear to support the possibility of a US Federal Reserve interest rate cut in December.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 28 (Bernama) -- The ringgit extended its gains to close marginally higher against the US dollar on Friday on the rising expectations for a cut in US interest rates in December.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit ended higher against the US dollar on Thursday as talks of a possible interest rate cut in the United States gained momentum.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit snapped its three-day winning streak to close lower against the US dollar as well as other major and regional currencies on Wednesday, amid profit-taking by traders.
