11
Isn, Dis
908 ARTIKEL BARU

KUALA LUMPUR - The ringgit continued its uptrend momentum against the US dollar this morning on renewed risk appetite for the local note.

At 9 am, the ringgit was traded at 4.3720/3760 against the greenback from 4.3780/3835 at 5 pm Monday.

The positive sentiment for emerging currencies emerged following the release of weak US jobs data, which slashed the likelihood for interest rate increase in the US for this year.

Against other major currencies, the ringgit was traded mostly higher.

It rose against the yen to 3.6279/6318 from 3.6423/6474 on Monday, appreciated versus the pound sterling to 6.6210/6288 from 6.6502/6590 yesterday and strengthened against the euro to 4.8896/8959 from yesterday's 4.9288/9358 previously.

The local unit, however, fell vis-a-vis the Singapore dollar to 3.0700/0750 from 3.0678/0731 yesterday.

-BERNAMA

KUALA LUMPUR - The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher today, in tandem with the positive overnight performance of Wall Street.

At 9.47 am, the key index rose 12.28 points to 1,659.87, after opening 11.39 points better at 1,658.98.

JF Apex Securities expects the FBM KLCI to test its critical resistance of 1,670 points today following the rally on Wall Street.

It said the US market surged over 1.5 per cent as last Friday's weaker jobs data could prompt the Federal

TOKYO: Asian stocks rose early on Monday after prospects of a near-term interest rate hike by the Federal Reserve ebbed in the wake of Friday's weaker-than-expected U.S. employment data.

Data released Friday showed U.S. non-farm payrolls rose by 142,000 in September, considerably lower than the 203,000 jobs the markets had expected.

The lackluster jobs report, which also showed a stall in U.S. hourly wage growth, fueled doubts that the world's largest economy was robust enough to withstand a

KUALA LUMPUR - The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday September 30.

FUNDAMENTALS

* Malaysian palm oil futures surged for a sixth day in a row to new 15-month highs on Tuesday,

bolstered by bullish analyst forecasts, a weakening ringgit and expectations recent dry weather

and haze will curb crop output. 

* Chicago soybean and corn futures rebounded on Tuesday as traders covered short positions on

concerns that

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Monday October 5. 

FUNDAMENTALS

* Malaysian palm oil futures fell on Friday after hitting a 15-month high earlier in the week as

buyers started looking at alternatives such as soybean oil. 

* U.S. wheat futures sank on Friday on a round of end-of-week profit taking after prices hit an

8-1/2 week high on Thursday, traders said. 

* Crude prices erased early losses to

KUALA LUMPUR:  Retail investors stepped up their buying on Bursa Malaysia on Wednesday, which was the last day for the third quarter, which saw  their net buying at RM26.9mil.

However, local institutions were net sellers at -RM18.7mil, according to BIMB Securities Research while foreign funds continued  to reduce their stakes with net selling at -RM8.2mil.

The FBM KLCI rose 17.72 points or 1.1% to 1,621.04, lifted mainly by plantation counters. 

"We expect the local market to remain volatile

KUALA LUMPUR - Malaysia has advanced two spots to 18th place out of 140 economies, consolidating its position among the world's top 20 most competitive economies, its highest ranking since 2005.

The Global Competitiveness Report 2015-2016, unveiled by the World Economic Forum (WEF) today, ranked Malaysia in 18th spot with a score of 5.23 from the 20th place out of 144 countries last year.

Malaysia also remains the highest ranked among developing Asian countries.

International Trade and

Lebih banyak artikel..