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Gold Futures To Remain Range-Bound Next Week

By Zarul Effendi Razali

KUALA LUMPUR, June 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain range-bound in the near term in the absence of major developments, while remaining cautious of any signs of deterioration in Middle East stability.

Ringgit Expected To Stay Defensive Due To Middle East Conflict

By Zarul Effendi Razali

KUALA LUMPUR, June 21 Bernama) -- The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst.

Ringgit Rebounds To End Higher Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, June 20 (Bernama) -- The ringgit rebounded from yesterday’s losses to end higher against the US dollar on Friday, as the latest developments on the Iran-Israel war sparked some buying interest in emerging currencies, a dealer said.

Rubber Market Ends Lower Following Oil Price Drop

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market ended lower today in tandem with the downtrend in the regional rubber futures markets, a dealer said.

Financial Stocks Lift Bursa Malaysia Slightly Higher At Midday

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia ended the morning session slightly higher as buying support in selected heavyweights led by financial stocks lifted the benchmark index, analysts said.

Malaysia’s Timber Exports May Gain Edge Due To Higher US Tariffs On Competitors – FRIM Director

By Fatin Umairah Abdul Hamid and K Naveen Prabu

KUALA LUMPUR, June 20 (Bernama) -- Malaysia’s timber exports may gain a competitive edge in the American market due to higher tariffs imposed on regional rivals such as Vietnam and Indonesia.

Ringgit Opens Higher Against Us Dollar, Trading on Cautious Mode

KUALA LUMPUR, June 20 (Bernama) -- The ringgit opened higher against the US dollar on Friday as investors remained in cautious mode amid the escalating conflict in the Middle East, said an analyst.

CPO Futures End Higher On Geopolitical Tensions

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.

Rubber Market Ends Mixed

By Abdul Hamid A Rahman and K Naveen Prabu

KUALA LUMPUR, June 19 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets, a dealer said.

Ringgit Extends Downtrend Against US Dollar

By Zarul Effendi Razali

KUALA LUMPUR, June 19 (Bernama) -- The ringgit continued to end lower against the greenback on Thursday, weighed down by emerging concerns over the global financial outlook, a dealer said.

Bursa Malaysia Closes Lower In Sync With Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 19 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region, said an analyst.

Ringgit Firmer Vs US Dollar At Opening

By Anas Abu Hassan and Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 19 (Bernama) -- The ringgit inched higher at the opening today amid ongoing geopolitical worries and despite a firmer greenback after the US Federal Reserve (Fed) decided to keep interest rates unchanged, an analyst said.