Trends - ringgit - Business Recorder

ringgit

Palm oil ends three-day loss

KUALA LUMPUR: Malaysian palm oil futures reversed early losses on Wednesday, snapping a three-day decline tracking...

Published 04 Mar, 2021 04:58am

Markets

Palm oil may test resistance at 3,834 ringgit

SINGAPORE: Palm oil may test a resistance at 3,834 ringgit per tonne, a break above which could lead to a gain to...

Published 27 Feb, 2021 04:29am

Markets

Palm oil retreats from six-week high

KUALA LUMPUR: Malaysian palm oil futures retreated on Friday from a six-week peak hit in the previous session as...

Published 27 Feb, 2021 04:29am

Markets

Palm oil may test resistance at 3,752 ringgit

Support is at 3,624 ringgit, a break below which could cause a fall into the 3,466-3,545 ringgit range. On the daily chart, the contract may break a resistance at 3,581 ringgit, following its failure on Feb. 15.

Published 24 Feb, 2021 10:11am

Markets

Palm oil gains over 2pc

SINGAPORE: Malaysian palm oil futures ended more than 2% higher on Wednesday, extending gains into a third session,...

Published 18 Feb, 2021 04:08am

Markets

Palm oil snaps 5-day rally

KUALA LUMPUR: Malaysian palm oil futures fell 2% on Thursday and snapped a five-day rally, tracking US soyaoil, as...

Updated 12 Feb, 2021 11:47pm

Markets

Malaysian palm oil climbs 4pc

KUALA LUMPUR: Malaysian palm oil futures rose as much as 4.6% to hit a near one-month high on Tuesday, boosted by...

Published 10 Feb, 2021 04:12am

Markets

China's yuan treads water ahead of Lunar New Year holiday

The Thomson Reuters/HKEX Global CNH index, which tracks the offshore yuan against a basket of currencies on a daily basis, stood at 96.8, weakening from the previous day's 96.85.

Published 09 Feb, 2021 11:46am

Markets

Palm oil may rise into 3,503-3,584 ringgit range

A drop below 3,400 ringgit may signal the break above 3,422 ringgit was false. The contract may then drop towards 3,322 ringgit.

Published 09 Feb, 2021 10:58am

Markets

Palm oil gains nearly 2pc

KUALA LUMPUR: Malaysian palm oil futures rose for a third straight day on Monday, buoyed by expectations of weak...

Published 09 Feb, 2021 04:43am

Markets

Palm oil gains for third day on expectations of weak January supply

The contract fell 3.3% last week.

Published 08 Feb, 2021 11:12am

Markets

Palm oil climbs on weak output hopes

KUALA LUMPUR: Malaysian palm oil futures rose nearly 2% on Friday, lifted by stronger rival Dalian oils and industry...

Published 06 Feb, 2021 04:06am

Markets

Malaysian palm oil snaps 2-day losses

SINGAPORE: Malaysian palm oil futures snapped two sessions of losses to rise nearly 3% on Thursday, as traders...

Updated 05 Feb, 2021 11:47pm

Markets

Palm oil may fall to 3,322 ringgit

8 The next support will be at 3,322 ringgit, a break below which could cause a fall to 3,260 ringgit.

Published 03 Feb, 2021 10:52am

Markets

Palm oil slumps 2pc

KUALA LUMPUR: Malaysian palm oil futures slumped over 2% on Tuesday as a steep drop in January exports stoked demand...

Published 03 Feb, 2021 04:35am

Markets

Safe-haven dollar looks to end week strong as market jitters persist

"The overall trend does reflect these supply issues around the US dollar," said Michael McCarthy, chief strategist at CMC Markets in Sydney.

Published 29 Jan, 2021 10:25am

Markets

Overnight offshore yuan HIBOR rises to highest since June 2017

The overnight rate rose to 7.07983%, the highest since June 2, 2017.

Published 29 Jan, 2021 10:21am

Markets

Malaysia palm oil jumps over 2% on higher US soyoil prices

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose 82 ringgit, or 2.5%, to 3,348 ringgit ($827.89) a tonne by midday.

Published 27 Jan, 2021 02:53pm

Markets

Palm oil reverses losses

SINGAPORE/JAKARTA: Malaysian palm oil futures snapped two consecutive sessions of losses to end 0.7% higher on...

Published 27 Jan, 2021 04:59am

Markets

Palm oil rebounds on stronger rival oils; falling exports cap gains

The benchmark palm oil contract for April delivery on the Bursa Malaysia Derivatives Exchange rose 31 ringgit, or 1%, to 3,273 ringgit ($809.75) a tonne during early trade. It had posted its second straight weekly loss last week.

Published 26 Jan, 2021 11:51am

Markets

Palm oil posts 4pc weekly decline

KUALA LUMPUR: Malaysian palm oil futures eased on Friday and logged its second weekly loss, as tepid January exports...

Published 23 Jan, 2021 03:56am

Markets

Palm oil may rise into 3,348-3,381 ringgit range

Support is at 3,261 ringgit, a break below which may cause a fall into 3,173-3,221 ringgit range.

Published 22 Jan, 2021 11:12am

Markets

Palm oil climbs

KUALA LUMPUR: Malaysian palm oil futures climbed on Thursday, recovering from a near two-and-a-half-month closing ...

Published 22 Jan, 2021 04:47am

Business & Finance

AirAsia Group to raise up to $113mn via private placement

AirAsia said it will continue to explore other fundraising options or corporate proposals to improve the group's financial performance in the longer term.

Published 21 Jan, 2021 05:32pm

Markets

Asian currencies rise as US stimulus push hurts dollar; BNM holds fire

Asian currencies and bonds have lagged as the prospect of more government spending under a Joe Biden administration pushed up US treasury yields earlier this month, reducing the appeal of some of the region's high-yielding government debt.

Published 20 Jan, 2021 02:10pm

Markets

Palm oil tumbles

KUALA LUMPUR: Malaysian palm oil futures fell 2% on Tuesday, closing at its lowest in almost two months, on worries...

Published 20 Jan, 2021 04:29am

Markets

Palm oil may test resistance at 3,381 ringgit

A break below 3,300 ringgit could cause a drop to 3,221 ringgit.

Published 19 Jan, 2021 11:24am

Markets

Foreign investors are net buyers of Malaysian stocks despite state of emergency

Foreign investors were net sellers of Malaysian equities the week before, recording an outflow of 337 million ringgit.

Published 18 Jan, 2021 11:55am

Markets

Palm oil may test support at 3,300 ringgit

The drop observes a set of projection levels on the uptrend from 2,764 ringgit. The nearest support is at 3,300 ringgit, the 161.8% level.

Published 18 Jan, 2021 11:22am

Markets

Palm oil snaps five-day decline on bargain-hunting

The contract slipped nearly 11% last week as cargo surveyors reported a 42% monthly decline in exports during Jan. 1-15.

Published 18 Jan, 2021 10:43am

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd. / Mar 4 SME Leasing Limited(SLL)	3.38 ▲ 0.38 (12.67%)
Olympia Mills / Mar 4 Olympia Mills Limited(OML)	12.10 ▲ 1.00 (9.01%)
Fazal Cloth / Mar 4 Fazal Cloth Mills Limited(FZCM)	261.74 ▲ 18.26 (7.50%)
Indus Dyeing / Mar 4 Indus Dyeing & Manufacturing Co. Limited(IDYM)	800.57 ▲ 55.85 (7.50%)
Janana D Mal / Mar 4 Janana De Malucho Textile Mills Limited(JDMT)	100.62 ▲ 7.02 (7.50%)
Sunrays Tex. / Mar 4 Sunrays Textile Mills Limited(SUTM)	1074.58 ▲ 74.97 (7.50%)
Crescent Cotton / Mar 4 Crescent Cotton Mills Limited(CCM)	46.22 ▲ 3.22 (7.49%)
Shams Textile / Mar 4 Shams Textile Mills Limited(STML)	48.37 ▲ 3.37 (7.49%)
Tata Textile / Mar 4 Tata Textile Mills Limited(TATM)	76.19 ▲ 5.25 (7.40%)
Gatron Ind. / Mar 4 Gatron (Industries) Limited(GATI)	589.99 ▲ 39.99 (7.27%)

Stock	Price
Jubilee Sp. / Mar 4 Jubille Spinning & Weaving Mills Limited(JUBS)	4.10 ▲ -0.97 (-19.13%)
Kohinoor Energy / Mar 4 Kohinoor Energy Limited(KOHE)	35.15 ▲ -7.84 (-18.24%)
Bankislami Pak / Mar 4 BankIslami Pakistan Limited(BIPL)	10.65 ▲ -1.59 (-12.99%)
First UDL Mod. / Mar 4 First UDL Modaraba(FUDLM)	10.10 ▲ -1.45 (-12.55%)
Dawood Equities / Mar 4 Dawood Equities Limited(DEL)	6.71 ▲ -0.79 (-10.53%)
Orient Rental Mod / Mar 4 Orient Rental Modaraba(ORM)	6.01 ▲ -0.69 (-10.30%)
Sally Tex. / Mar 4 Sally Textile Mills Limited(SLYT)	4.05 ▲ -0.45 (-10.00%)
J.A.Textile / Mar 4 J.A. Textile Mills Limited(JATM)	9.42 ▲ -1.00 (-9.60%)
Pervez Ahmed Cons. / Mar 4 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.28 ▲ -0.12 (-8.57%)
Hala Enterpries / Mar 4 Hala Enterprises Limited(HAEL)	8.61 ▲ -0.77 (-8.21%)

Stock	Volume
K-Electric Ltd / Mar 4 K-Electric Limited(KEL)	23,295,500 ▼ 0.00
Ghani Global Hold. / Mar 4 Ghani Global Holdings Limited(GGL)	20,705,000 ▼ 0.00
Byco Petr. / Mar 4 Byco Petroleum Pakistan Limited(BYCO)	18,127,500 ▼ 0.00
TRG Pak. / Mar 4 TRG Pakistan Limited(TRG)	18,010,436 ▼ 0.00
Worldcall / Mar 4 Worldcall Telecom Limited(WTL)	13,373,500 ▼ 0.00
Unity Foods / Mar 4 Unity Foods Limited(UNITY)	12,308,772 ▼ 0.00
Azgard Nine / Mar 4 Azgard Nine Limited(ANL)	11,898,000 ▼ 0.00
Pakistan Refinery / Mar 4 Pakistan Refinery Limited(PRL)	11,000,000 ▼ 0.00
Maple Leaf / Mar 4 Maple Leaf Cement Factory Limited(MLCF)	10,314,604 ▼ 0.00
Hum Network / Mar 4 Hum Network Limited(HUMNL)	9,036,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 4	157.10
USD PKR Interbank Buying / Mar 4	157.00
USD to Japanese Yen / Mar 4	107.03
USD to Swiss Franc / Mar 4	0.92
Pound Sterling to USD / Mar 4	1.39
Euro to USD / Mar 4	1.21
UK LIBOR % / Mar 4	0.08

Stock	Volume
S&P 500 / Mar 4	3819.72
India Sensex / Mar 4	51444.65
Tokyo Nikkei / Mar 4	29559.10
Nasdaq / Mar 4	12997.75
Hang Seng / Mar 4	2988.42
FTSE 100 / Mar 4	6675.47
Dow Jones / Mar 4	31270.09
Germany DAX 30 / Mar 4	14080.03
France CAC40 / Mar 4	5830.06

Item	Value
Crude Oil / Mar 4	60.74
Karachi Cotton Assoc. / Mar 4	12200.00
Gold 10 Grams / Mar 4	94564.00
Gold Spot / Mar 4	1708.00
Cotton / Mar 4	88.45

ringgit

Palm oil ends three-day loss

Palm oil may test resistance at 3,834 ringgit

Palm oil retreats from six-week high

Palm oil may test resistance at 3,752 ringgit

Palm oil gains over 2pc

Palm oil snaps 5-day rally

Malaysian palm oil climbs 4pc

China's yuan treads water ahead of Lunar New Year holiday

Palm oil may rise into 3,503-3,584 ringgit range

Palm oil gains nearly 2pc

Palm oil gains for third day on expectations of weak January supply

Palm oil climbs on weak output hopes

Malaysian palm oil snaps 2-day losses

Palm oil may fall to 3,322 ringgit

Palm oil slumps 2pc

Safe-haven dollar looks to end week strong as market jitters persist

Overnight offshore yuan HIBOR rises to highest since June 2017

Malaysia palm oil jumps over 2% on higher US soyoil prices

Palm oil reverses losses

Palm oil rebounds on stronger rival oils; falling exports cap gains

Palm oil posts 4pc weekly decline

Palm oil may rise into 3,348-3,381 ringgit range

Palm oil climbs

AirAsia Group to raise up to $113mn via private placement

Asian currencies rise as US stimulus push hurts dollar; BNM holds fire

Palm oil tumbles

Palm oil may test resistance at 3,381 ringgit

Foreign investors are net buyers of Malaysian stocks despite state of emergency

Palm oil may test support at 3,300 ringgit

Palm oil snaps five-day decline on bargain-hunting

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