Holiday-thinned Trade To Keep Bursa Malaysia Range-bound Next Week

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 27 (Bernama) -- Bursa Malaysia is expected to trade largely sideways next week, as holiday conditions continue to dampen market activity, said an economist.

Ringgit To Trade In Narrow Range Against US Dollar In Holiday-shortened Week Ahead

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Dec 27 (Bernama) -- The ringgit is expected to trade in a narrow range next week, hovering between 4.03 and 4.05 against the US dollar amid a holiday-shortened week.

Gold Futures Likely To Trade Higher Amid Holiday-shortened Week

KUALA LUMPUR, Dec 27 (Bernama) -- Gold futures on Bursa Malaysia Derivatives is expected to maintain a positive trading bias next week, tracking gains in the US Commodity Exchange (COMEX) gold amid a holiday-shortened week due to the New Year celebrations.

Rubber Market Expected To Be Quiet Next Week With A Slight Upward Bias

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 27 (Bernama) -- The rubber market is expected to be quiet with a tendency to move slightly higher next week, said industry expert Denis Low.

KLCI Futures Likely To Be Subdued Next Week Amid Year-end Holidays

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 27 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain subdued next week, reflecting year-end holiday conditions and movements in the underlying cash market.

Gold Futures End Lower

KUALA LUMPUR, Dec 26 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today despite prices reaching another all-time high during Friday’s early trading session.

KLCI Futures Close Mostly Higher

KUALA LUMPUR, Dec 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended mostly higher on Friday despite the softer underlying cash market.

Bursa Malaysia Recoups Most Losses, Ends Softer Amid Profit-taking

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia’s key index recovered much of its earlier losses to end the week slightly lower amid profit-taking, snapping a five-day winning streak.

Rubber Market Tracks Gains In Regional Futures But Ends Mixed On Rising Ringgit

KUALA LUMPUR, Dec 26 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Friday, tracking gains in regional rubber futures markets and steady crude oil prices, but a stronger ringgit against the US dollar weighed on sentiment.

KLCI Futures Open Lower

KUALA LUMPUR, Dec 26 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Friday.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia retreated from its previous gains to open lower on Friday as investors engaged in profit-taking in selected heavyweight stocks.

Ringgit Extends Rally, Reaches Another Five-year High

KUALA LUMPUR, Dec 26 (Bernama) -- The ringgit extended its rally on Friday, opening higher to reach another five-year high against the US dollar amid a holiday-shortened trading week.