CPO Futures Expected To Trade Cautiously Next Week Amid Profit-Taking

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as profit-taking is likely to emerge, despite higher energy prices amid the ongoing tensions in West Asia.

FBM KLCI Futures Likely To Trade With Upside Bias Next Week

KUALA LUMPUR, Oct 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is expected to trade with upside bias next week, in tandem with the underlying cash market.

Rubber Market To Remain Steady Next Week With Slight Upward Bias

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 24 (Bernama) -- The Kuala Lumpur rubber market is expected to remain steady next week, with a slight upward bias as any upward or downward pressure is likely to be minimal.

Ringgit Expected To Trade In Narrow Range Vs Greenbback Ahead Of Fed Meeting Next Week

KUALA LUMPUR, Oct 24 (Bernama) -- The ringgit is expected to trade within a narrow range of RM4.07 to RM4.08 against the US dollar next week as investors monitor the outcome of the US Federal Open Market Committee (FOMC) meeting scheduled for Oct 27-28.

Bursa Malaysia Likely To Stage Recovery Next Week On Bargain Hunting

KUALA LUMPUR, Oct 24 (Bernama) -- Bursa Malaysia is likely to trend upwards next week, with the benchmark index expected to trade within the 1,600-1,620 range amid a recovery in investors' risk appetite, said an analyst. 

Gold Futures Expected To Trade Lower With Bearish Bias Next Week

KUALA LUMPUR, Oct 24 (Bernama) -- Gold futures are expected to trade range-bound with a slight downward bias next week, said an analyst.

Govt Encourages Local Companies To Formulate Long-Term Strategies, Reduce Imports -- Johari

KUALA LUMPUR, Oct 23 (Bernama) -- The government encourages local companies to formulate long-term strategies to grow the country’s economy without increasing imports, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. 

CPO Futures Extend Gains On Stronger Export Demand

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their gains on Friday, supported by stronger export demand.

KLCI Futures End Marginally Higher

KUALA LUMPUR, Oct 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed marginally higher on Friday, tracking the cash market performance. 

Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended the trading week lower on Friday, tracking losses on the US Commodity Exchange (COMEX).

Ringgit Ends Easier Vs US Dollar Amid AI-Related Share Price Concerns

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 23 (Bernama) -- The ringgit ended slightly lower against the US dollar on Friday as market sentiment remained cautious amid concerns over artificial intelligence (AI) related share prices and declining bond yields.

Rubber Market Ends Higher On Stronger EU Car Sales

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The Kuala Lumpur rubber market ended higher on Friday, supported by stronger European Union (EU) car sales in September amid mixed movements in regional rubber futures markets, said a dealer.