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Gold rises on technical bounce
CHICAGO, Dec. 1 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Tuesday as the precious metal bounced on technical trading.
Stock bulls rule emerging markets as signal screams ‘buy’
SINGAPORE: Stock bulls have taken over emerging markets (EMs), a technical indicator suggests.
US$ tumbles to two-week low
NEW YORK: The dollar dropped to two-week lows on Wednesday, showing reduced safe-haven appeal for now, as U.S. tech stocks rallied and commodity prices firmed, even as sentiment remained cautious amid a resurgence of new coronavirus cases globally, particularly in the United States.
Ringgit quietly ready to roar this year
HONG KONG: The ringgit, one of 2019’s Asian forex laggards, surprised many traders near the finish line with strong gains in the past week.
Gadang
GADANG Holdings Bhd accelerated its rebound on Tuesday, having earlier bounced off the 64 sen mark to halt a decline and to assume a recovery position.
KLCI drops to key 1,600 on Public Bank, HL Bank losses
KUALA LUMPUR: Key Asian markets fell early Tuesday as worries about the worsening US-China trade war and the fallout on economies while at Bursa Malaysia, profit taking on Public Bank and Hong Leong Bank weighed on the FBM KLCI.
Broad-based sell-off sends KLCI into the red
KUALA LUMPUR: The start of a fresh week saw investors selling down the stock market, sending the FBM KLCI down 13.33 points to 1,613.43 in the early session.
Trump threat thumps Bursa, global stocks again
KUALA LUMPUR: US President Donald Trump’s fresh threats against China sent global markets and key regional bourses sharply lower as trade tensions boiled over again.
Eye on Stock: Lii Hen Industries
LII Hen Industries Bhd made a running start on Friday by opening above the 100-day simple moving average (SMA).