KUALA LUMPUR: The Kuala Lumpur Tin Market (KLTM) will be closed for trading next week following the suspension of Malaysia Smelting Corp Bhd’s (MSC) operations during the Full Movement Control Order (FMCO) period, said a dealer.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives would likely experience a technical correction next week following high inventory data released by the Malaysian Palm Oil Board (MPOB).
For the coming week, the main worry for the market will be its own overstretched technical setup. This, when read along with the precariously low VIX value, raises a red flat for the immediate short term.