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Market

RHB IB Maintains Overweight On Energy Sector As Govt Accelerates CRESS

KUALA LUMPUR, Sept 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) maintained its “overweight” call on the energy sector, following the government’s decision to accelerate the adoption of the Corporate Renewable Energy Supply Scheme (CRESS).

Bursa Malaysia Higher At Mid-Morning, Boosted By Selected Heavyweights

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia was higher at mid-morning, supported by gains in selected heavyweight counters, led by healthcare and banking stocks.

Southern Score Builders Pare Early Gains Despite RM40 Mln Job Win

KUALA LUMPUR, Sept 22 (Bernama) -- Southern Score Builders Bhd (SSBB) opened higher before paring its gains in early trading, despite its announcement yesterday that its unit, SJEE Engineering Sdn Bhd, had secured an RM40 million data centre subcontract project in Nilai, Negeri Sembilan.

FBM KLCI Futures Open Lower On Tuesday

KUALA LUMPUR, Sept 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Tuesday.

Bursa Malaysia Opens Higher On Bargain Hunting, Retreats Thereafter

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Tuesday but retreated thereafter,  supported by bargain hunting as easing tensions in West Asia helped lift sentiment and pushed Brent crude oil prices lower.

Ringgit Opens Higher Against US Dollar, Major Currencies On Improved Sentiment

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, supported by improved market sentiment amid easing global oil prices and geopolitical developments.

CPO Futures End Lower Tracking Weaker Soybean Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, tracking weaker soybean oil futures on the Chicago Mercantile Exchange (CME).

KLCI Futures End Higher Tracking Underlying Cash Market

KUALA LUMPUR, Sept 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Monday in line with the underlying cash market’s performance.

Gold Futures Close Lower On US Interest Rate Uncertainty

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Monday as uncertainty over the US Federal Reserve's (Fed) interest rate outlook weighed on the precious metal.

Ringgit Ends Higher Against US Dollar On Improved Market Sentiment

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit closed higher against the United States dollar on Monday amid improved market sentiment as oil prices fell following fresh momentum for US-Iran talks.

Bursa Malaysia Stays Up On Bargain Hunting of Blue Chips

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia ended slightly higher on Monday, supported by bargain hunting in selected blue chips as concerns over the West Asia conflict eased amid retreating oil prices.

Rubber Market Ends Higher Amid Mixed Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- The Kuala Lumpur rubber market ended higher today amid mixed movements in regional rubber futures markets, said a dealer.