Bursa Malaysia Ends On Softer Note Amid Profit-taking

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia ended on a softer note today as investors engaged in profit-taking following the recent rebound in the local market, an analyst said.

Rubber Market Ends Higher Amid Gains In Regional Futures

KUALA LUMPUR, June 22 (Bernama) -- The Kuala Lumpur rubber market ended higher on Monday, with both SMR 20 and latex-in-bulk climbing to fresh 2026 highs.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia remained lower at midday on Monday due to a lack of buying interest as investors remain cautious on the United States-Iran peace talks.

KLCI Futures Open Higher

KUALA LUMPUR, June 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Monday, despite a weaker performance in the underlying cash market.

Bursa Malaysia Opens Lower On Cautious Tone

KUALA LUMPUR, June 22 (Bernama) -- Bursa Malaysia opened lower on Monday on a cautious tone after a flat performance last Friday, amid Wall Street and Hong Kong market closures due to public holidays. 

Ringgit Eases Vs Greenback, Mostly Up Against Other Currencies

KUALA LUMPUR, June 22 (Bernama) -- The ringgit opened lower against the US dollar on Monday, but strengthened against other major currencies amid cautious trading as market players closely watched West Asia geopolitical tensions unfolding.

CPO Futures To Trade Within RM4,200-RM4,300 Range Despite Easing West Asia Tensions

KUALA LUMPUR, June 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the RM4,200 to RM4,300 per tonne range despite easing tensions in West Asia, said a trader.

Gold Futures Expected To Remain Volatile Ahead Of Key US Inflation Data

KUALA LUMPUR, June 20 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to remain volatile next week as investors await the release of the core personal consumption expenditures (core PCE) price index for clues on the US Federal Reserve's (Fed) interest rate trajectory.

KLCI Futures Likely To Trend Within The 1,700-1,730 Range Next Week

KUALA LUMPUR, June 20 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to trend within the 1,700-1,730 range next week, with the potential to test the upper end of the range should external sentiment remain favourable.

Rubber Market Likely To Trade Sideways With Slight Downward Bias Next Week

KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market is expected to trade sideways with a slight downward bias next week as easing geopolitical tensions and mixed supply conditions shape sentiment, said industry expert Denis Low.

Bursa Malaysia Seen Trading Range-bound Next Week Amid Geopolitical Uncertainties

KUALA LUMPUR, June 20 (Bernama) -- Bursa Malaysia is expected to trade in a range-bound mode next week as investors continue to monitor developments in the US-Iran nuclear negotiations and assess the sustainability of the recently announced peace agreement.

Ringgit Expected To Stay Softer Vs US Dollar Next Week

KUALA LUMPUR, June 20 (Bernama) -- The ringgit is expected to trade on a softer note against the US dollar next week amid persistent expectations of a possible US Federal Reserve (Fed) rate hike later this year.