Bursa Malaysia Rebounds, Opens Higher Despite Wall Street Weakness

KUALA LUMPUR, Sept 9 (Bernama) -- Bursa Malaysia rebounded from Tuesday’s losses to open higher on Wednesday despite weakness on Wall Street, as concerns over higher crude oil prices intensified amid escalating tensions in West Asia, an analyst said.

TRC Synergy Secures RM149.98 Mln Hyperscale Data Centre Contract 

KUALA LUMPUR, Sept 8 (Bernama) -- TRC Synergy Bhd has secured a contract from Gamuda Engineering Sdn Bhd for underground services works worth RM149.98 million for a hyperscale data centre.

CPO Futures End Mixed

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mixed on Tuesday, amid expectations of a slower export pace.

Public Bank To Privatise Hong Kong Subsidiary At HK$2.50 Per Share

KUALA LUMPUR, Sept 8 (Bernama) -- Public Bank Bhd has proposed to privatise its 73.23 per cent-owned subsidiary Public Financial Holdings Ltd (PFHL) for HK$2.50 (RM1.29) per share.

Favelle Favco Secures RM131.7 Mln In Crane Supply Contracts

KUALA LUMPUR, Sept 8 (Bernama) -- Favelle Favco Bhd (FFB) has secured purchase orders worth a combined RM131.7 million from four clients to supply tower and offshore cranes.

Gold Futures Close Lower Tracking US COMEX

KUALA LUMPUR, Sept 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, tracking the weaker performance of gold futures on the US Commodity Exchange (COMEX).

KLCI Futures Close Mostly Lower

KUALA LUMPUR, Sept 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed mostly lower on Tuesday.

Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

By Rosemarie Khoo Mohd Sani and Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst.

Maybank, Ageas Insurance Ink SPA For RM4.83 Bln MAHB Acquisition

KUALA LUMPUR, Sept 8 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an unconditional share purchase agreement (SPA) with Belgium-based Ageas Insurance International NV to acquire the remaining 30.95 per cent equity interest in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion.

Bursa Malaysia Lower At Midday On Profit-taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia ended lower at the midday break amid persistent profit-taking and weaker risk appetite, while the FTSE Bursa Malaysia KLCI (FBM KLCI) is expected to face further volatility due to heightened external and domestic headwinds.

FBM KLCI Futures Open Lower

KUALA LUMPUR, Sept 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Tuesday.

Bursa Malaysia Opens Lower With Profit Taking

KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia opened lower on Tuesday as investors took profits in selected heavyweights, given an absence of Wall Street leads following the United States’ Labour Day holiday.