KLSE Malaysia Opening Market Update

MALAYSIA share prices opened higher on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 1.29 points to 1745.42.

Volume was 59.93 million lots worth RM14.12 million.

Gainers outnumbered losers 97 to 56.

Market Closing Update

MALAYSIAN shares ended higher on Monday with the Kuala Lumpur Composite Index adding 28.06 points to close at 1,744.05.

Some 1.58 billion lots, valued at RM1.64 billion were traded. Gainers numbered 695 while losers numbered 203.

Dollar shows mixed moves in subdued holiday trading

The dollar rose against the yen, but declined against most other major currencies on Monday amid subdued, holiday-thin trading and a lack of cues.

As of last check, the greenback USDJPY, +0.27%  traded at ¥119.79, from ¥119.52 in late New York trading Friday. 

The dollar slipped against the euro EURUSD, +0.25% with the shared currency buying $1.2266, up from $1.2229 late Friday. 

The WSJ Dollar Index BUXX, -0.18% a measure of the dollar against a basket of currencies, was down 0.18% at 82.45.

Gasoline and Oil Market Update

Nymex reformulated gasoline blendstock for January RBF5, +1.19%  — the benchmark gasoline contract — rose 306 points to $1.5901 a gallon, while January diesel traded at $1.9868, 246 points higher.

Heating oil for January HOF5, +0.81% rose 3 cents to $1.99 a gallon, while natural gas for the same month NGF15, -4.16%  dropped 15 cents to $3.32 per million British thermal unit.

Crude back above $58 as oil prices continue rebound

Crude-oil futures rose early Monday as the excessive drop in oil prices in recent weeks sparked some buying interest and short-covering among investors before the end of the year, traders said.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG5, +1.00%  jumped $1.29, or 2.3%, to 58.52 a barrel, hitting the highest level since Dec. 11, according to FactSet data. February Brent crude on London’s ICE Futures exchange LCOG5, +1.17%  rose $2.59 to $62.60 a barrel.