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CPO Futures Close Lower Amid Bearish Demand Outlook

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Feb 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Wednesday amid bearish expectations over palm oil demand in the coming months, a trader said.

Pos Malaysia Welcomes MyCC Review, Flags e-Commerce Platform Dominance

KUALA LUMPUR, Feb 11 (Bernama) -- Pos Malaysia Bhd welcomed the Malaysia Competition Commission's (MyCC) Market Review of Malaysia’s digital economy, which provides an evidence-based assessment of competition across key sub-sectors.

Govt Rejects Floating Price Approach To Protect The People - PM Anwar

KUALA LUMPUR, Feb 11 (Bernama) -- The government has not chosen the floating price approach as recommended by the World Bank and several economic experts because it is considered to be burdensome for the majority of the people, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Opens Higher, But Retreats Thereafter

KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia opened higher on Wednesday but retreated thereafter, amid a mixed Wall Street overnight performance.

Ringgit Opens Firmer Against US Dollar On Weaker Greenback

KUALA LUMPUR, Feb 10 (Bernama) -- The ringgit opened firmer against the US dollar on Tuesday, supported by broad-based weakness in the greenback amid concerns over reduced demand for US assets.

Rubber Market Ends Lower Amid Mixed Regional Futures

KUALA LUMPUR, Feb 9 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, weighed down by mixed trends in regional rubber futures, a dealer said.

Kenanga IB Foresees FBM KLCI To Hit 1,840 Mark This Year

KUALA LUMPUR, Feb 9 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) foresees the FTSE Bursa Malaysia KLCI (FBM KLCI) could touch the 1,840 mark this year. 

Bursa Malaysia Closes At Intraday High On Late Buying

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.

Bursa Malaysia Issues UMA Query To Greentronics Technology

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia Securities Bhd has issued an unusual market activity (UMA) query to Greentronics Technology Bhd following the sharp fall in the price of its shares, with increased trading volume today.

Bursa Malaysia Opens Lower, Tracking Wall Street Declines

KUALA LUMPUR, Feb 6 (Bernama) -- Bursa Malaysia opened lower on Friday, dragged by mild profit-taking in select counters, tracking Wall Street’s overnight decline amid lingering global caution.

CPO Futures End Lower On Concerns Over Rising Output

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 5 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today amid concerns over rising output in the coming months, a trader said.

Ringgit Eases Vs US Dollar, Mixed Against Other Currencies

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Feb 5 (Bernama) -- The ringgit eased against the US dollar at Thursday’s close, weighed by renewed strength in the greenback as global markets shifted to a more defensive stance.