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Market

Bursa Malaysia Key Index Rebounds To End Slightly Higher At Midday

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia’s key index rebounded to end the morning trading session slightly higher, supported by buying interest in selected heavyweights, led by transportation and logistics, industrial products and healthcare counters.

FBM KLCI Futures Open Lower On Thursday

KUALA LUMPUR, Sept 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Thursday.

Bursa Malaysia Opens Lower On Wall Street Weakness, Hawkish Fed Remarks

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking weaker Wall Street performance amid rising US Treasury yields and hawkish remarks from US Federal Reserve (Fed) officials.

Ringgit Opens Higher Against Major Currencies, Lower Vs US Dollar

KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened higher against major currencies but edged lower against the US dollar on Thursday, as stronger US economic data and expectations of further interest rate hikes by the US Federal Reserve (Fed) supported the greenback.

CPO Futures Close Lower For Third Consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downward trend, closing lower for the third consecutive day on Wednesday, in line with weaker soybean oil futures on the Chicago Mercantile Exchange (CME).

Gold Futures Close Lower Amid Firmer US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday as a firmer United States dollar continued to weigh on the precious metal. 

KLCI Futures End Lower In Line With Underlying Cash Market

KUALA LUMPUR, Sept 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Wednesday in line with the underlying cash market’s performance.

Ringgit Ends Higher Against Major Currencies, Weakens Versus US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit ended higher against major currencies on Wednesday but weakened against the greenback as expectations of further interest rate hikes by the United States Federal Reserve (Fed) continued to support the US dollar.

Bursa Malaysia Ends Lower On Profit-taking, Weaker Sentiment Towards Petrochemical Stocks

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia closed lower on Wednesday, weighed down by profit-taking in selected heavyweights and weaker sentiment towards petrochemical stocks as oil prices continued to slide, said an analyst.

Rubber Market Extends Gains For Third Straight Day

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 23 (Bernama) -- The Kuala Lumpur rubber market extended gains for a third consecutive day on Wednesday, supported by firmer regional rubber futures, optimism over US-China and US-Iran talks, and tighter supply due to adverse weather, a dealer said.

Bursa Malaysia Key Index Rebounds To End Slightly Higher At Midday

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia’s key index rebounded to end a choppy morning session slightly higher, supported by buying interest in selected heavyweight counters, led by telecommunications and utilities stocks.

Bursa Malaysia Opens Lower As Investors Take Profits Amid US-Iran Talks

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia opened lower on Wednesday as investors took profits in selected heavyweights, paring recent gains amid ongoing United States-Iran talks.