11d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 25 (Bernama) -- The Kuala Lumpur rubber market is projected to trade slightly lower next week due to ample supply, a balanced supply and demand, and limited speculative buying, despite ongoing geopolitical tensions and rising oil prices.
11d ago
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with a slight bearish bias within a range of 1,690 to 1,720, said an analyst.
12d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mostly higher on Friday, lifted by steady energy prices, gains in rival edible oils and expectations of tighter Indonesian supplies following the implementation of the B50 biodiesel mandate.
12d ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, July 24 (Bernama) -- The ringgit closed marginally lower against the US dollar on Friday amid heightened uncertainty over crude oil prices following disruptions to vessel traffic in West Asia as well as the United States’ (US) latest move to impose tariffs on 60 countries, including Malaysia.
12d ago
By Engku Shariful Azni Engku Ab Latif & Harizah Hanim Mohamed
KUALA LUMPUR, July 24 (Bernama) -- Bursa Malaysia closed lower across the board on Friday, as investors assessed the impact of the United States’ latest tariffs on imports from 60 economies.
12d ago
KUALA LUMPUR, July 24 (Bernama) -- The Small and Medium Enterprises Association (SAMENTA) has urged small and medium enterprises (SMEs) to reduce their over-reliance on any single Western export market following the implementation of the United States’ latest 10 per cent import tariff.
12d ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, July 24 (Bernama) -- The Kuala Lumpur rubber market ended lower on Friday, tracking weaker regional rubber futures markets and declining crude oil prices, a dealer said.
12d ago
KUALA LUMPUR, July 24 (Bernama) -- CIMB Group Holdings Bhd said Malaysia's US$1.5 billion Global Sukuk issuance drew strong demand from high-quality global institutional investors and achieved a record-tight spread for a sovereign US dollar Islamic bond, setting a new benchmark in the international sukuk market.
12d ago
KUALA LUMPUR, July 24 (Bernama) -- Strong domestic fundamentals have limited increases in Malaysian Government Securities (MGS) and Government Investment Issues (GII) yields, even as global yields rise due to ongoing tensions between the United States and Iran and persistent concerns regarding the Strait of Hormuz.
12d ago
KUALA LUMPUR, July 24 (Bernama) -- Maritime company MISC Bhd is projected to deliver a three-year earnings compound annual growth rate (CAGR) of 12 per cent, driven by 19 asset additions and stronger contributions from fully owned liquefied natural gas (LNG) carriers, according to AmInvestment Bank Research.
12d ago
KUALA LUMPUR, July 23 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has initiated coverage on Gas Malaysia Bhd (GMB) with a 'buy' recommendation and a target price (TP) of RM6.50 on expectations of higher gas prices and growth prospects from its planned Regasification Terminal 4 (RGT4) project.
12d ago
KUALA LUMPUR, July 24 (Bernama) -- Kerjaya Prospek Group Bhd’s share price rose five sen to RM2.46 after securing a RM52.5 million contract for the execution and completion of civil, structural and basic low-voltage mechanical and electrical (M&E) works for a data centre in the Klang Valley.