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Gold Futures Close Lower

KUALA LUMPUR, July 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday as investors locked in profits after recent gains, despite the strong performance of gold prices on the US Commodity Exchange (COMEX).

Energy, Banking Stocks Lift Bursa Malaysia To More Than One Pct Gain

By Siti Noor Afera Abu

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its rally to close more than one per cent higher on Tuesday, lifted by strong buying interest in oil and gas as well as banking counters as investors positioned for potentially firmer energy prices following renewed hostilities between the United States and Iran.

Bursa Malaysia Ends Morning Session Higher

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia ended the morning session higher, with the benchmark index gaining 0.86 per cent on sustained buying interest in banking stocks.

Diversified Business Model To Keep Dialog Resilient, Says HLIB

KUALA LUMPUR, July 14 (Bernama) -- Dialog Group Bhd is poised to remain highly resilient in a volatile environment, particularly amid the West Asia conflict, thanks to its diversified business model, said Hong Leong Investment Bank Bhd (HLIB).

Bursa Malaysia Opens Higher On Healthcare, Property Buying

KUALA LUMPUR, July 14 (Bernama) -- Bursa Malaysia extended its gains to open higher on Tuesday, supported by continued buying interest in selected heavyweight counters, particularly in the healthcare and property sectors, despite the weaker overnight performance on Wall Street.

Ringgit Opens Higher Vs US Dollar Amid Uncertainties In West Asia

KUALA LUMPUR, July 14 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, amid uncertainties in the Strait of Hormuz, which lifted global crude oil prices, an analyst said.

CPO Futures Strengthen On Higher Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 13 (Bernama) – Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Monday, tracking gains in the crude oil market.

Milux Proposes To Acquire 100 Pct Stake In Movon For RM150 Mln

KUALA LUMPUR, July 13 (Bernama) -- Home appliance distributor Milux Corporation Bhd has proposed to acquire a 100 per cent equity interest in Movon Sdn Bhd from Abletech Solutions Sdn Bhd (ASSB) and Datuk Dr Lim Jee Gin for RM150 million.

Gold Futures Close Lower

KUALA LUMPUR, July 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Monday, mirroring the decline in US COMEX gold prices.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.

Kuala Lumpur Rubber Ends Higher On China Demand, Oil Price Surge

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 13 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, supported by stronger physical demand from China and higher crude oil prices, despite mixed regional rubber futures, a dealer said.

Indonesia's B50 Mandate Opens Growth Opportunities For Malaysian Palm Oil - MPOC

By Danni Haizal Danial Donald

KUALA LUMPUR, July 13 (Bernama) -- The recent launch of Indonesia's nationwide rollout of the B50 biodiesel mandate presents an opportunity for Malaysia to strengthen its existing palm oil markets while expanding its market share in selected destinations.