Gold Futures Close Lower On Profit-taking
KUALA LUMPUR, April 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, despite gains on the United States COMEX gold market, as profit-taking emerged after recent advances.
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KUALA LUMPUR, April 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today, despite gains on the United States COMEX gold market, as profit-taking emerged after recent advances.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended on a softer note, with the benchmarik index extending its decline to a fourth consecutive day, and falling by nearly 2.0 per cent cumulatively over the period, as investors adopted a defensive stance amid escalating geopolitical conflict in West Asia.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, April 7 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Tuesday, supported by gains in regional rubber futures, rising crude oil prices, and a slightly weaker ringgit against the US dollar, a dealer said.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia extended its decline into mid-afternoon trading, mirroring the broader regional weakness, as investors stayed cautious ahead of United States (US) President Donald Trump’s deadline for Iran to reach a peace agreement.
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia ended the morning trading session lower as markets continued to reprice the protracted West Asia conflict.
KUALA LUMPUR, April 7 (Bernama) -- Rising petroleum import prices and disruptions to global logistics caused by the Middle East conflict, which threaten inflation rates and the country’s long-term fiscal stability, serve as a warning for Malaysia to strengthen energy sovereignty by diversifying local energy sources.
KUALA LUMPUR, April 7 (Bernama) -- The recent spike in fuel costs due to the West Asia crisis is expected to be “neutral” for most utility players, given the established fuel-cost pass-through mechanisms, according to Kenanga Investment Bank Bhd (Kenanga IB).
KUALA LUMPUR, April 7 (Bernama) -- Bursa Malaysia rebounded to open higher on Tuesday, tracking overnight gains on Wall Street.
KUALA LUMPUR, April 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher today, tracking gains on the United States COMEX gold market.
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia finished the morning session lower as continued volatility in global conditions was seen in the near term after US President Donald Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.