KLSE Malaysia Opening Market Update

MALAYSIA share prices opened lower on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 2.78 points to 1,729.66.

Volume was 23.69 million lots worth RM8.90 million.

Losers outnumbered gainers 78 to 71.

U.S. stocks end volatile week lower

The U.S. stock market ended a volatile week on a down note Friday, with strategists blaming the slide in part on December's jobs report that revealed a drop in wages. 


The S&P 500 SPX, -0.84% closed 17.32 points, or 0.8%, lower at 2,044.81, ending the first week of 2015 with a 0.7% loss. 

Dollar falls Friday, but still manages a weekly gain

The ICE U.S. Dollar Index moved lower Friday as a contraction in hourly wage growth in December caused investors to delay their expectations for when the Federal Reserve will begin raising its benchmark interest rate.

The dollar index, DXY, -0.43% a measure of the greenback’s strength against a trade-weighted basket of six rival currencies, was down 0.46% to 91.9450.

The dollar USDJPY, +0.00%  was at ¥118.50, compared with ¥119.65 late Thursday in New York. The euro EURUSD, +0.00%  was at $1.1839, from $1.1788.

The pound GBPUSD, +0.00%  rose slightly against the dollar, moving back above the $1.51 level after U.K. manufacturing output recorded strong growth in December.

Palladium Market Update

Palladium for March PAH5, +1.31%  delivery rose $7.05 to $800.15 an ounce, while April platinum PLJ5, +0.86%  gained $7.10 to $1,230.10 an ounce. High-grade copper for March delivery HGH5, -0.36%  fell a penny to $2.75 a pound.

Heating Oil Market Update

February heating oil HOG5, -0.37%  fell 80 cents to $1.7030 a gallon on Nymex, amassing weekly losses of 5.2%. February natural gas NGG15, +1.26%  rose 2 cents to finish at $2.9460 per million British thermal units, but lost 2% on the week.