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Market

Gold Futures End Higher Tracking US COMEX

KUALA LUMPUR, July 30 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher amid increased demand for safe-haven assets, tracking the strong performance of gold futures on the US Commodity Exchange (COMEX).

Ringgit Closes Mostly Higher Regionally, Unchanged Against US Dollar

By Abdul Hamid A Rahman

KUALA LUMPUR, July 30 (Bernama) -- The ringgit closed mostly higher against regional currencies and was flat against the US dollar on Thursday, following the latest US Federal Open Market Committee (FOMC) decision to stand pat.

Bursa Malaysia's Key Index Ends At Intraday High

By Zufazlin Baharuddin

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia's key index closed at an intraday high today, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's decision to stand pat on interest rates weighed on broader sentiment.

Rubber Market Ends Mixed Amid Supply Concerns, Fed's Rate Decision

By K. Naveen Prabu

KUALA LUMPUR, July 30 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, supported by concerns over possible supply disruptions in major producer Thailand due to adverse weather forecast, a dealer said.

Bursa Malaysia Slightly Lower At Midday Amid Geopolitical Tensions, Fed Rate Hold

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia stayed lower at midday as renewed geopolitical tensions and the United States Federal Reserve's decision to stay pat on interest rates continued to dampen sentiment.

Bursa Malaysia Remains Lower At Mid-Morning

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia remained lower at mid-morning, weighed down by continuous selling in selected heavyweights, mainly in the utilities counters.

KLCI Futures Open Lower

KUALA LUMPUR, July 30 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Thursday.

Bursa Malaysia Opens Lower After US Fed Stands Pat

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia opened lower on Thursday, taking cues from dampened sentiment on US Wall Street after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting. 

Ringgit Opens Higher As US Fed Holds Rate Steady

KUALA LUMPUR, July 30 (Bernama) -- The ringgit opened higher against the US dollar, supported by the weaker greenback after the US Federal Reserve (Fed) kept interest rates steady at its latest Federal Open Market Committee (FOMC) meeting.

CPO Futures Rebound Amid Firmer Crude Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, July 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Wednesday, tracking gains in crude oil prices amid escalating tensions in West Asia.

Selective Buying Of Defensive Stocks Lifts Bursa Malaysia Higher At Close

By Zufazlin Baharuddin

KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session.

Ringgit Edges Higher Against US Dollar As Investors Await FOMC Outcome

By Abdul Hamid A Rahman

KUALA LUMPUR, July 29 (Bernama) -- The ringgit closed marginally higher against the US dollar on Wednesday as investors remained on the sidelines ahead of the outcome of the United States Federal Open Market Committee’s (FOMC) meeting.