Abaxx Exchange Trading Volume Jumps 582 Pct In Second Year

KUALA LUMPUR, June 29 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Abaxx Exchange has surpassed one million futures contracts traded year-to-date as it marked the second anniversary of the Singapore-based commodity exchange.

Bursa Malaysia Opens Higher But Retreats Thereafter

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia opened higher but retreated thereafter, tracking Wall Street's weaker performance last Friday amid heightened US-Iran tensions.

Uptrend Seen On Bursa Malaysia Next Week On Stock Rotation Factor

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 27 (Bernama) -- Bursa Malaysia is expected to trade higher next week as investors continue rotating from high-growth technology stocks into blue-chip and defensive sectors amid a more cautious global market environment.

CPO Futures To Trade With Bearish Bias Next Week On Weaker Crude Oil, Ample Stocks

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 27 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week, pressured by weaker crude oil prices and ample palm oil stocks.

Bursa Malaysia Ends Slightly Higher As Late Rebound In Banking Stocks Lifts Market

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia reversed earlier losses to settle slightly higher on Friday, supported by a late rebound in banking stocks that lifted the benchmark index into positive territory just minutes before the market closed, an analyst said. 

Moneysave, Labuan Chamber Of Commerce Ink MoU For RM200 Mln SME Financing Initiative

KOTA KINABALU, June 26 (Bernama) -- Moneysave (M) Sdn Bhd and the Labuan Chamber of Commerce (LCC) signed a memorandum of understanding (MoU) today to launch a RM200 million financing initiative aimed at improving access to capital for small and medium enterprises (SMEs) in Sabah and Labuan.

Bursa Malaysia Trends Lower At Midday Due To Profit-taking

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia trended lower at midday, weighed down by profit-taking, mainly led by the property and healthcare stocks. 

Bursa Malaysia Opens Slightly Higher On Bargain Hunting

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 26 (Bernama) -- Bursa Malaysia started the day slightly higher, buoyed by bargain hunting in telecommunications and transportation counters.

Fuel Supply Across Petronas Station Network Remains Stable Until August

KUALA LUMPUR, June 25 (Bernama) --  Fuel supplies across the nationwide network of Petronas petrol stations are expected to remain stable and sufficient until August, said Minister in the Prime Minister's Department (Law and Institutional Reform), Datuk Seri Azalina Othman Said.

Bursa Malaysia Succumbs To Selling Pressure To End Lower

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 25 (Bernama) -- Bursa Malaysia ended lower on Thursday as selling pressure in industrial products and services stocks outweighed gains in the telecommunications sector, an analyst said.

Falling Oil Prices Ease Inflation Concerns For Malaysia And Global Economy

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, June 25 (Bernama) -- Falling crude oil prices are expected to ease inflationary pressures in Malaysia and globally, reducing concerns that central banks may need to keep interest rates higher for longer, economists said.

Abaxx Exchange Adds Yongan International SG As Clearing, Trading Member  

KUALA LUMPUR, June 25 (Bernama) -- Abaxx Technologies Inc (Abaxx) announced that Yongan International Financial (Singapore) Pte Ltd (Yongan International SG) will begin offering trading and clearing access to clients on Abaxx Exchange from June 29.