Gold Futures Close Lower As Hawkish Fed Lifts US Dollar

By K. Naveen Prabu

KUALA LUMPUR, June 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday as a hawkish outlook by the United States Federal Reserve (Fed) boosted the US dollar and weighed on demand for the precious metal.

KHPT Bags Components Contract For New Proton Model

KUALA LUMPUR, June 18 (Bernama) -- KHPT Holdings Bhd has secured a contract from Perusahaan Otomobil Nasional Sdn Bhd (Proton) to supply automotive components for a new Proton model.

Buying In Consumer Stocks Helps Bursa Malaysia Close Slightly Higher

By Siti Noor Afera Abu

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets.

SRKK AI Aims To Raise RM20.48 Mln From IPO For Strategic Growth Initiatives In AI

KUALA LUMPUR, June 18 (Bernama) -- SRKK AI Bhd aims to raise RM20.48 million in proceeds from its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd, primarily for strategic growth initiatives in Artificial Intelligence (AI).

Capital Market Can Bridge SME Financing Gap For R&D, Expansion -- Bursa Malaysia

GEORGE TOWN, June 18 (Bernama) -- Small and medium enterprises (SMEs) should consider tapping the capital market to finance research and development (R&D) and business expansion that may not be fully supported through conventional bank financing, said Bursa Malaysia Bhd.

SunCon’s Johor Data Centre Substation Contract Value Rises To RM865.6 Mln

KUALA LUMPUR, June 18 (Bernama) -- Sunway Construction Group Bhd’s wholly-owned subsidiary, Sunway Construction Sdn Bhd, has accepted change orders to the Project Services Requests for the construction and completion of substations for two data centre projects in Johor.

Top Glove's 3Q Net Profit Jumps To RM80.98 Mln

KUALA LUMPUR, June 18 (Bernama) -- Top Glove Corporation Bhd’s net profit jumped to RM80.98 million in the third quarter ended May 31, 2026 (3Q FY2026), compared with the RM34.74 million reported in the previous corresponding quarter.

Eco World's 2Q Net Profit Declines To RM129.14 Mln

KUALA LUMPUR, June 18 (Bernama) -- Eco World Development Group Bhd’s net profit for the second quarter ended April 30, 2026 (2Q 2026) declined marginally to RM129.14 million from RM129.83 million posted a year earlier.

Sustained Buying Lifts Bursa Malaysia Higher At Midday

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia ended higher at midday, supported by continued buying interest in heavyweights, amid mixed regional market performance.

Sum Technology To Strengthen Malaysia, Philippines Presence

KUALA LUMPUR, June 18 (Bernama) -- Turnkey solutions provider, Sum Technology Holdings Bhd plans to strengthen its presence in Malaysia and the Philippines following its strong debut on the ACE Market of Bursa Malaysia today

KLCI Futures Open Higher

KUALA LUMPUR, June 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened higher on Bursa Malaysia Derivatives on Thursday, tracking the underlying cash market performance. 

Bursa Malaysia Rises At Open Despite Wall Street Weakness

KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia opened higher on Thursday, underpinned by buying in selected heavyweight stocks despite weaker overnight performance on Wall Street.