Trends - ringgit - Business Recorder

ringgit

Ringgit leads Asia FX lower; central banks come into focusf

Regional stock markets fell sharply, taking cues from broader Asian equities, as shares in Kuala Lumpur hit a near one-month low

Published 20 Sep, 2021 10:34am

Markets

Palm oil ends two-day decline

KUALA LUMPUR: Malaysian palm oil futures rebounded on Monday, snapping a two-day decline after India, the world’s...

Published 14 Sep, 2021 03:55am

Markets

Palm oil ends higher

SINGAPORE: Malaysian palm oil futures ended higher for a second straight session on Friday, tracking gains in rival...

Published 04 Sep, 2021 06:04am

Markets

China's yuan eases, but basket index climbs to 5-1/2-year high

Analysts and traders said the firmer basket index reflected the yuan's resilience against the dollar relative to its peers

Published 19 Aug, 2021 01:41pm

Markets

Palm falls over 1pc

KUALA LUMPUR: Malaysian palm oil futures ended lower on Thursday, following sharp gains in the previous session,...

Published 06 Aug, 2021 04:18am

Markets

Palm oil may consolidate in 4,105-4,197 ringgit before falling

The rise from the June 18 low of 3,251 ringgit looks quite sharp. The current fall could be similarly sharp as well

Published 04 Aug, 2021 11:22am

Markets

Palm ticks up on production concerns

KUALA LUMPUR: Malaysian palm oil futures ticked up on Tuesday, snapping two consecutive sessions of sharp losses, as...

Published 04 Aug, 2021 04:14am

Markets

Palm oil may rise into 4,458-4,531 ringgit range

This aggressive target is pointed by a rising trendline. It will be available when the contract stands firm above 4,525 ringgit

Published 27 Jul, 2021 11:42am

Markets

Palm oil targets 4,344 ringgit

SINGAPORE: Palm oil may break a resistance at 4,274 ringgit per tonne and rise to 4,344 ringgit per tonne, as it has...

Published 27 Jul, 2021 04:40am

Markets

Palm oil set to climb for fifth week on production concerns

Palm has risen 0.6% so far this week and is on course for its longest weekly rise since mid-June 2020

Published 23 Jul, 2021 10:09am

Markets

Yuan advances to 1 week high on capital inflows, basket index highest since 2016

A chief dealer at a Chinese bank said he expected the index to test 99 to 101 in the near-term

Published 22 Jul, 2021 11:50am

Markets

Palm oil reaches 5-week peak

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Wednesday, reaching a five-week peak on concerns...

Published 15 Jul, 2021 04:03am

Markets

Palm oil reverses early gains

KUALA LUMPUR: Malaysian palm oil futures eased on Tuesday, snapping a five-day winning streak, as export demand from...

Published 07 Jul, 2021 04:28am

Markets

Palm oil hits near 3-week peak

KUALA LUMPUR: Malaysian palm oil futures scaled to a near three-weak peak on Thursday, extending gains for a third...

Published 02 Jul, 2021 04:19am

Markets

China's yuan slips after weaker guidance

Reaction to the latest Sino-US tensions was largely muted.

Published 23 Jun, 2021 11:19am

Markets

Dollar jumps after Fed pulls interest rate hikes into 2023

Meanwhile, bitcoin's recent rally appeared to run out of steam, as the world's largest cryptocurrency fell 4.34% to $38,430.03.

Published 17 Jun, 2021 10:29am

Markets

Yuan inches up as markets await Fed policy decision, commentary

The yuan's strong rally to three-year highs against the dollar in May prompted a flurry of warnings from policymakers about speculative bets on the currency, prompting a slight pullback and more cautious trade.

Published 16 Jun, 2021 10:48am

Markets

Dollar holds near one-month high; focus on Fed's inflation take

Separate data showed wholesale price inflation accelerated to 6.6%, the largest gain since November 2010.

Published 16 Jun, 2021 10:41am

Markets

Two-way yuan volatility will become normal, says FX regulator head

Global markets have "detached from economic fundamentals, vulnerability has increased...it could lead to a rise in global risk aversion and changes to cross-border capital flows," Pan warned.

Published 10 Jun, 2021 11:07am

Markets

Dollar stuck near 5-month low as caution reigns ahead of US CPI, ECB tests

The best-known digital token has struggled since reaching a record $64,895.22 in mid-April.

Published 10 Jun, 2021 11:05am

Markets

Dollar edges up, recovering from jobs miss

At 0715 GMT, the dollar index was up 0.2% on the day at 90.283. The euro was down 0.2% against the dollar, at $1.21465.

Published 07 Jun, 2021 01:13pm

Markets

Palm oil eases

KUALA LUMPUR: Malaysian palm oil futures eased on Friday after surveys pegged May inventories to rise to an...

Published 05 Jun, 2021 04:08am

Markets

Palm oil may seek support at 4,010 ringgit

The contract is retreating towards a rising trendline, which establishes a support around 4,010 ringgit as well.

Published 04 Jun, 2021 10:57am

Markets

Dollar jumps as strong run of data turns all eyes to payrolls

The US dollar index, which measures the greenback against a basket of six major currencies, rose 0.7% on Thursday to stand at a three-week high of 90.574 on Friday.

Published 04 Jun, 2021 10:41am

Markets

China's yuan kept in check by weaker midpoint guidance, eyes on PBOC

The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 97.84, weaker than the previous day's 97.88.

Published 02 Jun, 2021 11:55am

Markets

Dollar edges up on manufacturing data after initial softness

The offshore yuan was at 6.3817, up 0.11% on the day.

Published 02 Jun, 2021 11:54am

Markets

Dollar gets respite from pick up in US manufacturing before jobs report

The dollar initially traded lower on the report, in which ISM said manufacturing's growth potential continued to be hampered by worker absenteeism and temporary shutdowns because of shortages of parts and labor.

Published 02 Jun, 2021 11:51am

Markets

Yuan set for best week since Nov, regulators signal concerns over one-way bets

Alvin Tan, Asia FX strategist at Royal Bank of Canada in Hong Kong, said Beijing may be "expected to continue leaning against yuan strength", with such an investor outlook seen in a rebound in options market.

Published 28 May, 2021 11:34am

Markets

South Africa's rand stretches rally in early trade

Lower US interest rates boost the appeal of riskier but high-yielding assets such as the rand.

Published 27 May, 2021 02:33pm

Markets

China's yuan climbs to 3-year high on stronger guidance

The global dollar index fell to 89.624 from the previous close of 89.699.

Published 26 May, 2021 01:05pm

Gainers
Losers
Leaders

Stock	Price
First IBL Mod. / Sep 20 First IBL Modaraba(FIBLM)	4.45 ▲ 1.00 (28.99%)
SME Leasing Ltd. / Sep 20 SME Leasing Limited(SLL)	3.69 ▲ 0.39 (11.82%)
Macter Int. Ltd. / Sep 20 Macter International Limited(MACTER)	143.34 ▲ 10.00 (7.50%)
Suraj Cotton / Sep 20 Suraj Cotton Mills Limited(SURC)	247.25 ▲ 17.25 (7.50%)
Al-Mali / Sep 20 Modaraba Al-Mali(MODAM)	22.69 ▲ 1.58 (7.48%)
Kohat Tex. / Sep 20 Kohat Textile Mills Limited(KOHTM)	21.60 ▲ 1.50 (7.46%)
Din Tex. / Sep 20 Din Textile Mills Limited(DINT)	159.00 ▲ 11.00 (7.43%)
MCB Bank / Sep 20 MCB Bank Limited(MCB)	166.99 ▲ 11.48 (7.38%)
Habib Metro Mod / Sep 20 Habib Metro Modaraba(HMM)	9.44 ▲ 0.64 (7.27%)
Dadex Eternit / Sep 20 Dadex Eternit Limited(DADX)	98.00 ▲ 6.40 (6.99%)

Stock	Price
Husein Sugar (R) / Sep 20 Husein Sugar Mills Limited (R)(HSMR3)	1.30 ▲ -0.79 (-37.80%)
First Elite Cap. Mod. / Sep 20 First Elite Capital Modaraba(FECM)	3.93 ▲ -0.49 (-11.09%)
United Ins. / Sep 20 The United Insurance Company(UNIC)	7.38 ▲ -0.81 (-9.89%)
B. F. Mod. / Sep 20 B.F. Modaraba(BFMOD)	9.78 ▲ -1.00 (-9.28%)
S.G. Power Ltd. / Sep 20 S.G. Power Limited(SGPL)	3.69 ▲ -0.36 (-8.89%)
Hala Enterpries / Sep 20 Hala Enterprises Limited(HAEL)	9.98 ▲ -0.92 (-8.44%)
Zephyr Tex / Sep 20 Zephyr Textiles Limited(ZTL)	18.50 ▲ -1.50 (-7.50%)
Bolan Castings / Sep 20 Bolan Castings Limited(BCL)	128.49 ▲ -10.41 (-7.49%)
Khairpur / Sep 20 Khairpur Sugar Mills Limited(KPUS)	54.58 ▲ -4.42 (-7.49%)
Nagina Cot. / Sep 20 Nagina Cotton Mills Limited(NAGC)	75.82 ▲ -6.13 (-7.48%)

Stock	Volume
Telecard Ltd. / Sep 20 Telecard Limited(TELE)	19,634,500 ▼ 0.00
Worldcall / Sep 20 Worldcall Telecom Limited(WTL)	13,353,000 ▼ 0.00
Byco Petroleum / Sep 20 Byco Petroleum Pakistan Limited(BYCO)	11,308,000 ▼ 0.00
TRG Pakistan / Sep 20 TRG Pakistan Limited(TRG)	9,837,075 ▼ 0.00
TPL Properties / Sep 20 TPL Properties Limited(TPLP)	9,529,000 ▼ 0.00
TPL Corp / Sep 20 TPL Corp Limited(TPL)	7,803,500 ▼ 0.00
K-Electric Ltd / Sep 20 K-Electric Limited(KEL)	5,133,500 ▼ 0.00
Ghani Global Hold. / Sep 20 Ghani Global Holdings Limited(GGL)	4,810,500 ▼ 0.00
Bank of Punjab / Sep 20 The Bank of Punjab(BOP)	4,381,000 ▼ 0.00
Hum Network / Sep 20 Hum Network Limited(HUMNL)	4,193,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 18	168.25
USD PKR Interbank Buying / Sep 18	168.15
USD to Japanese Yen / Sep 18	109.93
USD to Swiss Franc / Sep 18	0.93
Pound Sterling to USD / Sep 18	1.37
Euro to USD / Sep 18	1.17
UK LIBOR % / Sep 18	0.07

Stock	Volume
S&P 500 / Sep 18	4432.99
India Sensex / Sep 18	59051.89
Tokyo Nikkei / Sep 18	30500.05
Nasdaq / Sep 18	15043.97
Hang Seng / Sep 18	24920.76
FTSE 100 / Sep 18	6963.64
Dow Jones / Sep 18	34584.88
Germany DAX 30 / Sep 18	15490.17
France CAC40 / Sep 18	6570.19

Item	Value
Crude Oil / Sep 18	71.97
Karachi Cotton Assoc. / Sep 18	13430.00
Gold 10 Grams / Sep 18	97600.00
Gold Spot / Sep 18	1754.34
Cotton / Sep 18	92.33

ringgit

Ringgit leads Asia FX lower; central banks come into focusf

Palm oil ends two-day decline

Palm oil ends higher

China's yuan eases, but basket index climbs to 5-1/2-year high

Palm falls over 1pc

Palm oil may consolidate in 4,105-4,197 ringgit before falling

Palm ticks up on production concerns

Palm oil may rise into 4,458-4,531 ringgit range

Palm oil targets 4,344 ringgit

Palm oil set to climb for fifth week on production concerns

Yuan advances to 1 week high on capital inflows, basket index highest since 2016

Palm oil reaches 5-week peak

Palm oil reverses early gains

Palm oil hits near 3-week peak

China's yuan slips after weaker guidance

Dollar jumps after Fed pulls interest rate hikes into 2023

Yuan inches up as markets await Fed policy decision, commentary

Dollar holds near one-month high; focus on Fed's inflation take

Two-way yuan volatility will become normal, says FX regulator head

Dollar stuck near 5-month low as caution reigns ahead of US CPI, ECB tests

Dollar edges up, recovering from jobs miss

Palm oil eases

Palm oil may seek support at 4,010 ringgit

Dollar jumps as strong run of data turns all eyes to payrolls

China's yuan kept in check by weaker midpoint guidance, eyes on PBOC

Dollar edges up on manufacturing data after initial softness

Dollar gets respite from pick up in US manufacturing before jobs report

Yuan set for best week since Nov, regulators signal concerns over one-way bets

South Africa's rand stretches rally in early trade

China's yuan climbs to 3-year high on stronger guidance

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