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Market Closing Update

Monday, 15 December 2014

MALAYSIAN shares ended lower on Monday with the Kuala Lumpur Composite Index slipping 31.17 points to close at 1,701.82.

Some 2.06 billion lots, valued at RM2.32 billion were traded. Gainers numbered 66 while losers numbered 1,010.

Gasoline Market Update

Nymex reformulated gasoline blendstock for January RBF5, +0.88%  --the benchmark gasoline contract--rose 2 cents to $1.6132 a gallon, while January diesel traded at $2.0374, 214 points higher.

ICE gasoil for January changed hands at $565.25 a metric ton, down $0.75 from Friday’s settlement.

Platinum Market Update

January platinum PLF5, -0.52% fell $4, or 0.3%, to $1,227.50 an ounce, while March palladium PAH5, -0.47% shed $5.15, or 0.6%, to $811.40 an ounce. High-grade copper for March delivery HGH5, -0.17% held steady at $2.93 a pound.


Oil rebounds but prices likely to remain volatile

Crude-oil futures were choppy in Asian trade Monday ahead this week’s data releases from China and the U.S. Federal Reserve meeting, as markets seek stronger cues on growth in two of the world’s largest economies.

U.S. crude futures for delivery in January CLF5, +0.64%  traded at $58.40 a barrel, up $0.59, or 1% in the Globex electronic session. January Brent crude LCOF5, +0.61%  on London’s ICE Futures exchange rose $0.80, or 1.3%, to $62.40 a barrel.

Gold poised for 4th losing session in a row

Gold prices on Monday were heading toward their fourth-straight session in the red, as the retreat from their recent bounce gathers momentum.

At last check, gold for February delivery GCG5, -0.31%   was down $2.70 to $1,219.70 an ounce, while March silver SIH5, -0.72% lost 10 cents to $16.96 an ounce.