Day: July 26, 2024

FBM KLCI Futures End Almost Flat

The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended almost flat, tracking the performance of the underlying cash market.

Spot month July 2024 and September 2024 slid 0.5 of-a-point each to 1,613.5 and 1,601.0…

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Seoul shares up late Fri. morning on U.S. gains

South Korean shares extended earlier gains to trade sharply higher late Friday morning on faster-than-expected U.S. growth.

The benchmark Korea Composite Stock Price Index (KOSPI) added 23.48 points, or 0.87 percent, to 2,734.13 as of 11:20 a.m.

Th…

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Gold Futures Close Higher

The gold futures contract on Bursa Malaysia Derivatives closed higher in line with COMEX gold prices.

At the close, spot month July 2024 contract rose to US$2,372.40 per troy ounce from US$2,371.00 per troy ounce on Thursday.

Contracts for August 2…

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Ringgit Revisits 4.65 Level Vs US Dollar

The ringgit ended the week on a strong note against the US dollar, closing at 4.6550/6605 on Friday versus Thursday’s closing of 4.6600/6625.

The local currency was boosted by rising market expectations of an interest rate cut by the United States (…

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