FBM KLCI Futures Higher In Early Trade
KUALA LUMPUR, Dec 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were higher in early trading.
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Bursa Malaysia Higher In Early Trade, Tracking Wall St Rise
KUALA LUMPUR, Dec 2 (Bernama) -- Bursa Malaysia climbed higher in early trade on Monday, tracking the rally on Wall Street last Friday.
Ringgit Slightly Higher Against US Dollar In Early Trade
KUALA LUMPUR, Dec 2 (Bernama) -- The ringgit opened slightly higher against the US dollar in early trade on Monday despite the cautious sentiment following US President-elect Donald Trump’s threat to impose 100 per cent tariffs against BRICS nations if they were to create a rival currency to the greenback.
Global Shipping Costs To Remain High Amid Tariff Threats, Red Sea Challenges
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 1 (Bernama) -- Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry, including US President-elect Donald Trump’s tariff threats and the situation in the Red Sea.
Value Of KBBM Sales Up 103.2 Pct To RM5.5 Bln In 2023
PUTRAJAYA, Nov 30 (Bernama) -- The Buy Malaysian Goods Campaign (KBBM) in 2023 showed an increase of 103.2 per cent compared to 2022 with a sales value of RM5.5 billion.
Rubber Market To Trade Range-bound Next Week, Tracking Tight Supply Situation Due To Weather Disruptions -- Expert
KUALA LUMPUR, Nov 30 (Bernama) -- The local rubber market is expected to trade range-bound with a tendency to be higher mainly due to a tight supply situation from the weather disruptions, said industry expert Denis Low.
Gold Futures To Hover In Narrow Range Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to hover within a narrow range next week within its current price, said SPI Asset Management managing director Stephen Innes.
FBM KLCI Seen To Move Between 1,600 And 1,610 Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- Bursa Malaysia is likely to maintain its recovery momentum in the coming week, with the FBM KLCI moving within a constrained range of 1,600-1,610, said UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan.
East Coast Floods, Low Stockpiles Seen Lifting CPO Futures Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with an upside bias next week, given the worsening floods in the East Coast.
Ringgit Seen Trading At 4.42-4.44 With Upside Bias Against US Dollar Next Week
KUALA LUMPUR, Nov 30 (Bernama) -- The ringgit is expected to trade within the range of 4.4275 to 4.4475 versus the American dollar next week, with a slight upside bias, on anticipation of a US interest rate cut in December.
Ringgit Closes Higher, Mirroring Regional Trend
By Abdul Hamid A Rahman
KUALA LUMPUR, Nov 29 (Bernama) -- The ringgit closed marginally higher against the greenback in the month's final trading day, reflecting broader strength in some regional currencies.
Malaysia, Indonesia Push For Stronger Cooperation In Palm Oil Industry
By Mohd Iswandi Kasan Anuar
JAKARTA, Nov 29 (Bernama) -- Plantation and Commodities Minister Datuk Seri Johari Abdul Ghani has called for greater cooperation between Malaysia and Indonesia to address the regulatory challenges facing the global palm oil industry.