Rubber Market Closes With Slight Gains
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 9 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday supported by an easier ringgit against the US dollar, said a dealer.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 9 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Tuesday supported by an easier ringgit against the US dollar, said a dealer.
KUALA LUMPUR, Dec 9 (Bernama) -- Bursa Malaysia opened higher on Tuesday, supported by positive sentiment from the stronger ringgit despite Wall Street’s downbeat performance.
KUALA LUMPUR, Dec 9 (Bernama) -- The ringgit opened marginally lower against the US dollar this morning and is expected to maintain trade within a tight range in light of the mixed market sentiments as the Federal Open Market Committee (FOMC) begins its two-day meeting today.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Dec 8 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, tracking the weakness in soybean oil prices, a trader said.
KUALA LUMPUR, Dec 8 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, despite mixed signals from regional rubber futures markets, a dealer said.
By Harizah Hanim Mohamed
KUALA LUMPUR, Dec 8 (Bernama) -- The ringgit opened firmer against the US dollar this morning, carried by last week’s positive momentum as the greenback continued to weaken ahead of the two-day Federal Open Market Committee (FOMC) meeting starting tomorrow.
PUTRAJAYA, Dec 7 (Bernama) -- Malaysia will continue to intensify efforts to enter new markets to boost trade, thereby strengthening its position as a competitive trading nation.
By Zufazlin Baharuddin
KUALA LUMPUR, Dec 6 (Bernama) -- The ringgit is expected to remain steady and trade within the 4.10–4.12 range against the US dollar next week, supported by market expectations of an interest rate cut by the US Federal Reserve (Fed) at its upcoming Federal Open Market Committee (FOMC) meeting.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 6 (Bernama) -- The Malaysian rubber market is expected to show mixed performance amid ongoing natural rubber (NR) supply concerns due to heavy rains in major producing regions, said the Malaysian Rubber Glove Manufacturers Association (MARGMA).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a two-day losing streak to close higher on Friday, supported by bargain buying following a bullish recovery in Dalian Commodity Exchange (DCE) refined, bleached, and deodorised (RBD) palm olein futures, a researcher said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 5 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by ongoing concerns over natural rubber supply shortages due to rainy weather and optimism from improved Chinese economic data, said a dealer.