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Gold Futures End Higher, Tracking US Comex Gold Market

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 22 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives extended its uptrend on Friday, tracking the steady gains in the US COMEX gold market, analysts said.

Ringgit Retreats After Three Days Of Gains

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit closed lower on Friday, snapping three consecutive days of gains amid profit-taking activities.

Bursa Malaysia Stays In Positive Zone At Midday In Sync With Regional Peers

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday on continued buying in selected heavyweights, particularly utilities and industrial products and services counters, in sync with the mostly higher regional market performance.

Globetronics Shares Rally In Early Trade After Taiwan Deal

KUALA LUMPUR, Nov 22 (Bernama) -- Globetronics Technology Bhd shares on Bursa Malaysia surged in the early session after the company entered into a strategic partnership with Taiwan-based ChipMOS Technologies Inc for integrated circuit services.

Ringgit Extends Uptrend Against Greenback In Early Trade

KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit extended its recent positive momentum to trade slightly higher against the US dollar in the early session on Friday.

Ringgit Rises Against US Dollar For Third Consecutive Day

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit rose against the US dollar for the third consecutive day despite heightened concern over geopolitical development in Ukraine, said an analyst.

Rubber Market Closes Lower, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 21 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, taking its cue from the mixed regional rubber futures market performance and weighed down by the stronger ringgit versus the US dollar, a dealer said.

Two-year MADANI Govt: Turning Challenges Into Accomplishments

KUALA LUMPUR, Nov 21 (Bernama) -- In just two years of being in power, the MADANI government has reached a pivotal turning point in Malaysia's economic reforms, alongside efforts to address inefficiencies in state-owned entities, building on the resilient economic foundation laid in its first year.

Bursa Malaysia Opens Lower Amid Wall Street's Mixed Performance

KUALA LUMPUR, Nov 21 (Bernama) -- Bursa Malaysia’s key index opened lower today amid Wall Street’s mixed performance overnight while US futures were marginally lower following Nvidia’s announcement which showed that its revenue forecast fell short of expectations, suggesting that its rapid growth may be nearing its limits. 

Ringgit Opens Lower Against Greenback On Cautious Sentiment

KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate cuts in the near term, said an analyst. 

Gold Futures Ease On Subdued Demand

KUALA LUMPUR, Nov 20 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower today on subdued demand, tracking losses in the US COMEX gold market, an analyst said.

Ringgit Appreciates Against US Dollar

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit continued to be well supported and sustained its upward momentum, gaining 0.12 per cent against the US dollar at the close on Wednesday on continued demand, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.