Bursa Malaysia Opens Lower As Profit-taking, Geopolitical Risks Weigh

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened lower on Friday as investors took profits after the previous session’s gains, while persistent geopolitical uncertainties continued to weigh on sentiment.

CPO Futures End Higher For Fourth Straight Session On Supply Concerns, Soybean Oil Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday, extending gains for a fourth consecutive session.

Ringgit Stays Bullish Vs US Dollar At Close As US Debt Weighs On Greenback

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 20 (Bernama) -- The ringgit continued its bullish momentum to close higher against the US dollar on Thursday, as the US national debt, which surpassed US$40 trillion for the first time, weighed on the greenback.

Bursa Malaysia Ends Higher As Easing US Treasury Yields Boost Risk Appetite

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia ended higher on Thursday as easing US Treasury yields improved risk appetite following the US Treasury’s announcement of increased buyback operations, an analyst said.

KL Rubber Market Ends Mixed

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 20 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Thursday, supported by gains in regional rubber futures markets, while concerns over developments in West Asia capped further upside, a dealer said.

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia remained higher at midday, in line with positive regional markets, amid improved global sentiment after the US Treasury announced it would at least double buyback sizes for long-term debt to curb rising yields.

CPO Futures Rise On Firmer CBOT Soybean Oil Gains

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Wednesday, tracking gains in soybean oil on the Chicago Board of Trade (CBOT).

Bursa Malaysia Ends Lower Amid Elevated US Treasury Yields, Tech Weakness

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended lower on Wednesday, as elevated United States (US) Treasury yields and weakness in technology stocks weighed on investor sentiment, an analyst said.

Kuala Lumpur Rubber Market Ends Mixed

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 19 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday amid gains in regional markets, with uncertainty over the United States-Iran war weighing on sentiment, a dealer said.

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performances on Wall Street overnight and regional markets, amid escalating tensions in West Asia.

CPO Futures Extend Rally, Benchmark November Contract Breaches RM4,850

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Tuesday, extending gains on stronger soybean oil prices on the Chicago Board of Trade (CBOT) and firmer crude oil prices, according to Iceberg X Sdn Bhd proprietary trader David Ng.

Ringgit Extends Gains To Close Higher Vs Major, Regional Currencies

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 18 (Bernama) -- The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.