TIN

was higher by US$75 to close at US$20,425 per tonne. The market remained stable with buyers from China, Japan, South Korea, Taiwan, Europe and Pakistan, dealer said.

Both bids and offers were equal at 36 tonnes, while turnover increased to 36 tonnes from 24 tonnes on Tuesday.

The discount between the KLTM and the LME narrowed to US$145 per tonne from US$150 per tonne on Tuesday. SHORT- TERM interbank rates closed stable yesterday on Bank Negara Malaysia’s ( BNM) intervention to absorb excess liquidity from the financial system.

The liquidity surplus in the conventional system fell to RM31.02 billion from RM38.03 billion in the morning, while