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Bursa Malaysia's FY2024 Net Profit Increases To RM310.12 Mln

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd’s net profit jumped 22.9 per cent to RM310.12 million in the financial year ended Dec 31, 2024 (FY2024) from RM252.38 million in the previous year, boosted by robust securities and derivatives markets as well as data business performance.

SC Launches Alternative Financial Scheme For MSMEs

KUALA LUMPUR, Jan 27 (Bernama) -- The Securities Commission Malaysia (SC) today has launched SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the government e-procurement system.

FBM KLCI Futures Higher In Early Trading

KUALA LUMPUR, Jan 27 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives were higher in early trading on Monday.

CPO Futures Seen Quiet Next Week Amid Holiday Break

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 25 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade quietly next week due to the Chinese New Year festivities, according to Interband Group of Companies' senior palm oil trader, Jim Teh.

FBM KLCI Futures Expected To Move In Tight Range Next Week

By Zufazlin Baharuddin

KUALA LUMPUR, Jan 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to trade in a tight range due to the holiday-shortened trading period amid the festive season.

Gold Futures Likely To Surpass US$2,800 Per Troy Ounce Next Week

KUALA LUMPUR, Jan 25 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week, with prices likely surpassing the US$2,800 per troy ounce level on weaker US dollar, said SPI Asset Management managing partner Stephen Innes.

CPO Futures End Higher On Weak Output Expectations

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Jan 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, driven by expectations of weak output in the coming weeks, in line with the seasonal trend, said palm oil dealer David Ng.

Gold Futures Close Higher On Weaker US Dollar

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Jan 24 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed higher on Friday as the greenback weakened after US President Donald Trump's call for interest rate cuts.

Gamuda-Ferrovial JV Secures ECI Deal For Capricornia Pumped Hydroelectric Energy System

KUALA LUMPUR, Jan 24 (Bernama) -- Gamuda Bhd, in a joint venture with Ferrovial (GFJV), has inked an early contractor involvement (ECI) agreement with Capricornia Energy Hub (CEH) for its Capricornia Pumped Hydroelectric Storage System (PHES) in Central Queensland, Australia. 

FBM KLCI Futures End Lower

KUALA LUMPUR, Jan 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower on Friday.

Petronas Transfers Kebabangan Cluster PSC Sole Operatorship To ConocoPhillips

KUALA LUMPUR, Jan 24 (Bernama) -- Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips Sabah Gas Ltd, a subsidiary of the global energy company ConocoPhillips.

Westports Share Price Up After Posting Higher FY2024 Net Profit

KUALA LUMPUR, Jan 24 (Bernama) -- Westports Holdings Bhd’s share price on Bursa Malaysia was slightly higher in early trading after posting a higher net profit of RM897.98 million for the financial year ended Dec 31, 2024 (FY2024) versus RM779.43 million in the preceding year.