Ringgit Poised To See Profit-taking After Hitting Near Six-year High Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 20 (Bernama) -- The ringgit is expected to experience profit-taking next week, hovering between RM4.07 and RM4.09 against the US dollar after hitting a near six-year high yesterday.

CPO Futures End Lower On Rising Stocks, Weak Demand

By K. Naveen Prabu

KUALA LUMPUR, Dec 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today due to rising stock levels.

Kuala Lumpur Rubber Market Ends Lower On Weaker Regional Futures, Softer Crude Oil

KUALA LUMPUR, Dec 19 (Bernama) -- The Kuala Lumpur rubber market closed lower today following declines in regional rubber futures and softer crude oil prices, said a dealer.

Ringgit Hits Near Six-Year High At 4.07 Vs Greenback

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit strengthened to the 4.07 level against the US dollar at Friday’s close, its strongest in nearly six years, following softer-than-expected US inflation data.

Bursa Malaysia Opens Higher On Stronger Ringgit, Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia opened higher on Friday, tracking gains across regional markets, as a stronger ringgit improved market sentiment amid a firmer overnight performance on Wall Street.

Ringgit Opens Slightly Higher Vs Greenback On Softer US Policy Outlook

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 19 (Bernama) -- The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.

CPO Futures End Higher On Soybean Oil, Crude Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Dec 18 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, supported by gains in the soybean oil market.

Ringgit Ends Higher Vs Greenback Ahead Of US Inflation Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit closed marginally higher against the greenback on Thursday as market participants awaited the release of the US consumer price index (CPI) report later tonight.

Ringgit Opens Near 5-Year High At 4.07 vs US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 18 (Bernama) -- The ringgit opened higher at the 4.07 level against the US dollar, the best level seen in close to five years, despite a firmer US Dollar Index (DXY), as market participants continued to assess the US Federal Reserve’s (Fed) policy outlook.

CPO Futures Close Higher On Soybean Oil, Crude Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Dec 17 (Bernama) -- The crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed higher today, reversing earlier losses, supported by a recovery in the soybean oil market.

Ringgit Firms To 4.07 Against US Dollar On Improved Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Dec 17 (Bernama) -- The ringgit strengthened against the US dollar in early trade on Wednesday, extending its recent gains to hover around the 4.07 level, its strongest showing in nearly five years, underpinned by firmer domestic and external sentiment.

CPO Futures End Lower On Weak CBOT Performance

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 16 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives closed lower on Tuesday, weighed down by weaker soybean oil performance on the Chicago Board of Trade (CBOT), a trader said.