Market

Bursa Malaysia's Key Index Stays Higher At Mid-Afternoon

KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index stayed higher at mid-afternoon on Monday, supported by continuous bargain hunting in selected heavyweight counters, mainly financial services counters.

Bursa Malaysia Key Index Stays Higher Midday Mirroring Upbeat Regional Performance

By Zufazlin Baharuddin and Fatin Umairah Abdul Hamid

KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia’s key index closed higher at midday, mirroring the upbeat regional performance.

Bursa Malaysia Opens Higher As West Asia Tensions Ease

KUALA LUMPUR, July 27 (Bernama) -- Bursa Malaysia rebounded to open higher on Monday as easing tensions in West Asia lifted market sentiment after the United States paused airstrikes over the weekend.

Ringgit Opens Higher Vs US Dollar Ahead Of State Poll

By Karina Imran & Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, July 27 (Bernama) -- The ringgit opened higher against the US dollar on Monday, supported by positive domestic sentiment ahead of the Negeri Sembilan state election, although caution ahead of the US Federal Open Market Committee (FOMC) meeting capped gains.

Bursa Malaysia To Trade Cautiously Next Week Amid FOMC Cues, West Asia Developments

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia is expected to trade cautiously next week as investors continue to monitor developments in West Asia, crude oil prices and cues from the upcoming US Federal Open Market Committee (FOMC) meeting on interest rate outlook, an analyst said.

Ringgit Seen Trading At RM4.08-RM4.10 Against US Dollar Next Week Ahead Of Fed Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 25 (Bernama) -- The ringgit is expected to trade within the RM4.08-RM4.10 range against the greenback next week on caution ahead of key domestic and external events, namely the US interest rate decision and the Negeri Sembilan state election.

Gold Futures Likely To Trade Lower Next Week On Oil Price Uncertainty

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade lower next week, with crude oil prices to be the key driver amid tensions in West Asia.

CPO Futures Seen Lower Next Week On Profit-taking After Recent Rally

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade lower next week as profit-taking is likely to emerge after the recent rally despite crude oil prices remaining elevated.

Rubber Market Forecasts To Trade Slightly Lower Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 25 (Bernama) -- The Kuala Lumpur rubber market is projected to trade slightly lower next week due to ample supply, a balanced supply and demand, and limited speculative buying, despite ongoing geopolitical tensions and rising oil prices.

KLCI Futures Seen In The 1,690-1,720 Range Next Week

By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed

KUALA LUMPUR, July 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with a slight bearish bias within a range of 1,690 to 1,720, said an analyst.

CPO Futures End Mostly Higher Amid Steady Energy Prices, B50 Biodiesel Support

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, July 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Friday, lifted by steady energy prices, gains in rival edible oils and expectations of tighter Indonesian supplies following the implementation of the B50 biodiesel mandate.

Gold Futures End Lower Ahead Of FOMC Minutes Next Week

KUALA LUMPUR, July 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as investors awaited the release of the Federal Open Market Committee (FOMC) meeting minutes next week.