CPO Futures Set To Trade With Bearish Bias Next Week Amid Energy Price Volatility

KUALA LUMPUR, July 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week amid volatility in energy prices.

Ringgit Expected To Trade At RM4.06-RM4.08 Next Week

KUALA LUMPUR, July 18 (Bernama) -- The ringgit is expected to trade within the RM4.06-RM4.08 range against the US dollar next week amid cautious market sentiment and continued geopolitical uncertainties.

KLCI Futures Seen In 1,720-1,750 Range Next Week

KUALA LUMPUR, July 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with a mildly positive bias within the 1,720-1,750 range, said an analyst.

Profit-taking Seen For Bursa Malaysia Next Week After Recent Strong Gains

KUALA LUMPUR, July 18 (Bernama) -- Bursa Malaysia is expected to trade in a more modest range next week as investors engage in profit-taking following this week’s strong rally.

Rubber Market Expected To Trade Quietly Next Week Amid Weather Uncertainty

KUALA LUMPUR, July 18 (Bernama) -- The Kuala Lumpur rubber market is expected to trade quietly next week, with demand likely to be supported mainly by replenishment buying amid weather-related supply uncertainties.

CPO Futures Close Lower On Lack of New Market Catalysts

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, July 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday in range-bound trade amid an absence of fresh market catalysts, a trader said.

TERAJU Needs To Be Growth Facilitator, Not Just Financing Provider - Akmal Nasrullah

CYBERJAYA, July 17 (Bernama) -- Unit Peneraju Agenda Bumiputera (TERAJU) needs to be a 'growth facilitator' that connects bumiputera companies to real opportunities, and not just focus on being a provider of programmes or financing.

Gold Futures Close Lower

KUALA LUMPUR, July 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on profit-taking, despite gains in gold prices on the US Commodity Exchange (COMEX).

Ringgit Closes Lower As West Asia Developments Weigh On Sentiment

By Abdul Hamid A Rahman

KUALA LUMPUR, July 17 (Bernama) -- The ringgit ended the final trading day of the week lower against the US dollar as escalating developments in West Asia weighed on market sentiment.

Bursa Malaysia Higher At Close On Foreign Fund Inflows, Second Quarter GDP

By Siti Noor Afera Abu

KUALA LUMPUR, July 17 (Bernama) -- Bursa Malaysia’s key index closed higher on Friday, supported by sustained foreign fund inflows and improving domestic macroeconomic fundamentals.

Rubber Market Ends Mixed On Regional Futures Performance, Supply Concerns

KUALA LUMPUR, July 17 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, tracking regional rubber futures markets and ongoing expectations of ample natural rubber supply from major producer Thailand during the peak tapping season, a dealer said.

MBSB Bank, NCIA Ink MoU To Provide Up To RM1 Bln Financing For SMEs

PETALING JAYA, July 17 (Bernama) -- MBSB Bank Bhd today signed a memorandum of understanding (MoU) with the Northern Corridor Implementation Authority (NCIA) to accelerate economic growth across the Northern Corridor Economic Region (NCER) with financing facilities of up to RM1 billion.