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Market

Ringgit Opens Higher Against US Dollar As Oil Prices Ease

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by easing Brent crude oil prices and geopolitical concerns.

CPO Futures Extend Losses Amid Weaker Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended losses to close lower on Tuesday, as lower crude oil prices weighed down market sentiment.

Gold Futures End Lower On Firmer US Dollar

By K. Naveen Prabu

KUALA LUMPUR, Sept 22 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday as a firmer United States dollar weighed on the precious metal.

Ringgit Closes Slightly Higher Against US Dollar Amid Cautious Sentiment

By K. Naveen Prabu

KUALA LUMPUR, Sept 22  (Bernama) -- The ringgit closed marginally higher against the US dollar on Tuesday, trading within a narrow range as investors remained cautious ahead of key geopolitical developments this week.

KLCI Futures End Higher In Line With Underlying Cash Market

KUALA LUMPUR, Sept 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Tuesday in line with the underlying cash market’s performance.

Rubber Market Extends Gains On Upbeat Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- The Kuala Lumpur rubber market extended gains on Tuesday, closing higher on firmer regional rubber futures and continued supply tightness due to El Nino, a dealer said.

Bursa Malaysia Ends Higher Ahead of Trump-Xi Meeting

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia finished trading higher on Tuesday, supported by continued bargain hunting following the recent heavy sell-off, in line with regional and global market performance as investors awaited the meeting between United States President Donald Trump and Chinese President Xi Jinping in Washington later this week.

Bursa Malaysia Stays Firmer At Midday

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia remained in positive territory at midday, supported by buying interest in selected heavyweight counters, led by banking and healthcare stocks.

RHB IB Maintains Overweight On Energy Sector As Govt Accelerates CRESS

KUALA LUMPUR, Sept 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained its “overweight” call on the energy sector, following the government’s decision to accelerate the adoption of the Corporate Renewable Energy Supply Scheme (CRESS).

Bursa Malaysia Higher At Mid-Morning, Boosted By Selected Heavyweights

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia was higher at mid-morning, supported by gains in selected heavyweight counters, led by healthcare and banking stocks.

Southern Score Builders Pare Early Gains Despite RM40 Mln Job Win

KUALA LUMPUR, Sept 22 (Bernama) -- Southern Score Builders Bhd (SSBB) opened higher before paring its gains in early trading, despite its announcement yesterday that its unit, SJEE Engineering Sdn Bhd, had secured an RM40 million data centre subcontract project in Nilai, Negeri Sembilan.

FBM KLCI Futures Open Lower On Tuesday

KUALA LUMPUR, Sept 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Tuesday.