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.

Govt To Study Proposals From Malaysian Plastics Manufacturers Association - Akmal Nasrullah

KUALA LUMPUR, July 13 (Bernama) -- The National Economic Action Council (NEAC) has taken note of several proposals submitted by the Malaysian Plastics Manufacturers Association (MPMA) and has decided that the Ministry of Investment, Trade and Industry (MITI) and the Economy Ministry should examine them.

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.

Short-term Gold Prices Likely To Hover US$3,800-US$4,200 Per Troy Ounce -- Go Capital

KUALA LUMPUR, July 13 (Bernama) -- Gold prices are likely to hover between US$3,800 and US$4,200 (US$1=RM4.071) per troy ounce amid pressure from crude oil prices and inflation, Go Capital Growth Sdn Bhd general manager Hong Kok Wah said.

Liew Calls For One-stop Centre To Boost Semiconductor, Deep-tech Financing

KUALA LUMPUR, July 13 (Bernama) -- Deputy Finance Minister Liew Chin Tong has proposed that Malaysia establish a one-stop centre for semiconductor and deep-tech financing, offering integrated financing solutions in the heart of Malaysia’s technology cluster.

Govt Approves 46 Pasir Puteh Projects Worth RM207.2 Mln, Supports ECRL Development

KUALA LUMPUR, July 13 (Bernama) -- The government has approved 46 projects for the Pasir Puteh parliamentary constituency in Kelantan for 2026, with a total allocation ceiling of RM207.2 million. These include developing downstream industrial infrastructure to support activities near the East Coast Rail Link (ECRL) cargo station.

Shipping Recovery To Take Time As Malaysian Ports Prepare For Hormuz Backlog

By Harizah Hanim Mohamed

KUALA LUMPUR, July 13  (Bernama) – Ports, shipping lines and cargo owners are now confronting the formidable task of restoring global supply chains and clearing a backlog of vessels and cargo built up during months of conflict in and around the Strait of Hormuz, a process that industry players say could take weeks or even months.

Bursa Malaysia Remains Higher At Midday On Bargain Hunting

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia maintained its upward momentum at midday, supported by bargain hunting in selected heavyweight stocks after profit-taking weighed on the market in the early morning session.

Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but retreated thereafter, as investors took profit following the benchmark index’s rally to a two-week high above the 1,690 level last week.

Ringgit Opens Slightly Lower Vs Greenback Amid Fragile West Asia Ceasefire

KUALA LUMPUR, July 13 (Bernama) -- The ringgit opened slightly lower against the US dollar on Monday amid uncertainties over the free flow of vessels through the Strait of Hormuz and the resilience of the United States economy, an analyst said.