Rubber Market Ends Higher As It Tracks Regional Gains
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Thursday, buoyed by gains in regional rubber futures markets and crude oil.
| LATEST NEWS | At 6 pm, the ringgit appreciated to 4.1380/1430 against the US dollar from 4.1465/1500 at Monday close. | |
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, June 11 (Bernama) -- The Kuala Lumpur rubber market ended higher on Thursday, buoyed by gains in regional rubber futures markets and crude oil.
KUALA LUMPUR, June 11 (Bernama) -- The government’s initiative to roll out B15 biodiesel blends makes strategic sense as a cheaper feedstock can dampen domestic inflation and reduce fiscal costs, said CGS International Securities Malaysia Sdn Bhd.
KUALA LUMPUR, June 11 (Bernama) -- Government measures to safeguard fuel and supply chains could support production activities in the near term, said Apex Securities Bhd.
KUALA LUMPUR, June 10 (Bernama) -- The government's subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the ongoing conflict in West Asia, the Ministry of Finance (MOF) said.
KUALA LUMPUR, June 9 (Bernama) -- Bursa Malaysia opened slightly lower today with the key index slipping 0.06 per cent even as investors continued to participate in the broader market despite lingering concerns over the West Asia conflict.
KUALA LUMPUR, June 8 (Bernama) -- Asia-Pacific (APAC) thermal coal demand hit a significant near-term surge, with an additional 150 million tonnes (Mt) of cumulative consumption projected through 2030, with roughly half expected to land in 2026 amid the ongoing West Asia conflict, according to Rystad Energy.
KUALA LUMPUR, June 8 (Bernama) -- Overall credit strength across South and Southeast Asia will remain stable over the next 12-18 months, although US dollar strength would weigh on the credit quality for a subset of rated companies with structural currency mismatches, according to Moody’s Ratings.
KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, June 6 (Bernama) -- Bursa Malaysia’s benchmark index is potentially retesting the 1,700 level and consolidating within the 1,710–1,715 range next week, supported by improving risk appetite and attractive valuations among selected Malaysian blue chip counters.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 4 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, in tandem with the downtrend in regional rubber futures prices and losses in crude oil prices amid concerns about the economic impact from the prolonged West Asia conflict, a dealer said.
By Anas Abu Hassan
SINGAPORE, June 2 (Bernama) -- The ASEAN+3 Macroeconomic Research Office (AMRO) has revised its inflation projection for ASEAN+3 to 1.8 per cent from 1.4 per cent in 2026, while maintaining growth estimation at 4.0 per cent.
By Danni Haizal Danial Donald
KUALA LUMPUR, May 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to trade range-bound with a downward bias next week, as investors assess developments around the West Asia conflict amid a shortened trading week.