Bursa Malaysia Opens Higher On Bargain Hunting

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened higher on Wednesday, rebounding from yesterday's losses as bargain hunting in selected blue-chip stocks lifted sentiment, an analyst said.

CPO Futures Close Lower Amid Weaker Crude Oil Prices

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking weaker crude oil prices, according to a trader.

Sunway's Indirect Unit Secures Singapore Residential Site Worth SGD750.57 Mln

KUALA LUMPUR, June 23 (Bernama) -- Sunway Bhd's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd (SMCLH3), has secured a SGD750.57 million (RM2.4 billion) residential development site at River Valley Green, Singapore, through a joint bid with CSC Land Group (Singapore) Pte Ltd. 

Gold Futures Close Lower Amid Hawkish Fed Outlook

By Danni Haizal Danial Donald

KUALA LUMPUR, June 23 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday tracking softer United States COMEX markets as the hawkish US Federal Reserve (Fed) outlook on a potential interest rate hike weighed down market sentiment.

KLCI Futures Close Lower

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower today in line with the weaker cash market.

Paragon Globe Unit To Dispose Of Tanjung Kupang Land For RM398.11 Mln

KUALA LUMPUR, June 23 (Bernama) -- Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, PGB Landmark Sdn Bhd, has proposed to dispose of two parcels of freehold land in Tanjung Kupang, Johor, for RM398.11 million to Dayone Data Centers Malaysia III Sdn Bhd.

Bursa Malaysia Extends Decline Amid Persistent Uncertainties

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 23 (Bernama) --  Bursa Malaysia extended its losses on Tuesday as investors remained on the sidelines amid persistent uncertainties and the absence of significant market catalysts, an analyst said.

Bursa Malaysia Ends Morning Session Lower On Profit-taking

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia ended the morning session lower on continued profit-taking led by industrial products, property, healthcare, and telecommunications stocks. 

HSS Eyes Southeast Asian Growth On Rising Demand For Halal Bakery Products

KUALA LUMPUR, June 23 (Bernama) -- Bakery products manufacturer HSS Holdings Bhd plans to strengthen its presence across Southeast Asia (SEA), capitalising on rising demand for halal products following its Bursa Malaysia’s ACE Market debut.

Ajinomoto (M) Top Gainer On RM20 Apiece Privatisation Offer

KUALA LUMPUR, June 23 (Bernama) -- Food seasoning manufacturer Ajinomoto (M) Bhd (AMB) has emerged as the top gainer in early trading after its shares resumed trading today.

KLCI Futures Open Higher

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Tuesday, bucking the weaker performance of the underlying cash market.

Bursa Malaysia Opens Higher On Mild Bargain Hunting

By Rosemarie Khoo

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia opened marginally higher on Tuesday on mild bargain hunting despite a mixed session on Wall Street, an analyst said.