CPO Futures Rebound On Higher CBOT Soybean Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Thursday, driven by stronger Chicago Board of Trade (CBOT) soybean oil prices.

Gold Futures Close Higher

KUALA LUMPUR, July 16 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on continued demand for safe-haven assets, despite weaker gold prices on the US Commodity Exchange (COMEX).

Bursa Malaysia Ends Higher On Broad-based Buying

By Siti Noor Afera Abu

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia’s key index rebounded from yesterday’s losses to close higher on Thursday, driven by broad-based buying across multiple sectors.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia ended the morning session higher, backed by continuous buying in heavyweights and mid-capitalisation stocks.

Gamuda Shares Rise On Penang-Perak Water Supply Deal

KUALA LUMPUR, July 16 (Bernama) -- Gamuda Bhd’s shares rose 1.44 per cent in early trade on Thursday after its joint venture signed a bulk water supply agreement with Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).

KLCI Futures Open Higher

KUALA LUMPUR, July 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened higher on Bursa Malaysia Derivatives on Thursday.

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

KUALA LUMPUR, July 16 (Bernama) -- Bursa Malaysia rebounded to open higher on Thursday, tracking Wall Street's overnight gains as easing US inflationary pressures lifted global risk sentiment.

SD Guthrie To Dispose Of Kuala Selangor Land For RM798.31 Mln

KUALA LUMPUR, July 15 (Bernama) -- SD Guthrie Bhd has entered into two conditional sale and purchase agreements (SPAs) to dispose of freehold land in Kuala Selangor for RM798.31 million.

Widad Appoints Tengku Shaifuddin As Chairman, Nor Azlan As Group MD

KUALA LUMPUR, July 15 (Bernama) -- Widad Group Bhd has announced the appointment of Datuk Tengku Shaifuddin Tengku Jamaluddin as its new chairman and Nor Azlan Zainal as group managing director effective today. 

CPO Futures Retreat After Two-day Rally On Rising Palm Oil Supply

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mostly lower on Wednesday amid concerns over rising palm oil production and inventories in Malaysia.

Gold Futures Close Higher

KUALA LUMPUR, July 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher as investors turned to safe-haven assets, despite weaker prices on the US Commodity Exchange (COMEX).

Life Water To Acquire 90 Pct Stake In Hung Tai Group For RM46.8 Mln

KUALA LUMPUR, July 15 (Bernama) -- Sabah-based beverage manufacturer Life Water Bhd has entered into a share sale agreement (SSA) to acquire a 90 per cent equity interest in the Hung Tai Group for RM46.8 million.