Global Markets
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Palm Oil

Palm Oil Set to Post First Weekly Losses in Three

Malaysian palm oil futures fell to around MYR 4,050 per tonne on Friday after a muted prior session, heading for their first weekly drop in three with losses of about 2.6%. The decline tracked weakness in rival edible oils on the Dalian market, while a stronger ringgit further dampened sentiment by making exports less competitive. Traders also became cautious as cargo surveyors noted that shipments from December 1 to 10 fell 10.3% to 15% from the same period in November. Meanwhile, end-November inventories rose 13% to 2.84 million tonnes, the highest in 6-1/2 years, reflecting strong full-year production that is on track to exceed 20 million tonnes for the first time due to better labour availability, more efficient harvesting, and output from maturing plantations. Still, losses were partly capped after industry regulator data showed November production fell 5.3% to 1.94 million tonnes, alongside expectations of stronger seasonal demand ahead of the upcoming Lunar New Year and Ramadan.

Today Markets

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button