1y ago
KUALA LUMPUR, Dec 2 (Bernama) -- The seasonally adjusted S&P Global Malaysia Manufacturing Purchasing Managers’ Index (PMI) eased to 49.2 in November this year from 49.5 in October, signalling a marginal moderation in the sector.
1y ago
KUALA LUMPUR, Nov 29 (Bernama) -- Research houses are anticipating a strong turnaround for Capital A Bhd in the fourth quarter of 2024 (4Q 2024), given the seasonally stronger demand and yields, lower jet fuel price and a weakened US dollar.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, driven by potential bargain-buying activity after the recent selldown, a dealer said.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 22 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Friday amid concern over weakening export demand, a dealer said.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 21 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Thursday, pressured by expectations of weaker domestic demand, according to market sources.
1y ago
KUALA LUMPUR, Nov 20 (Bernama) -- Petronas Chemicals Group Bhd (PCG) recorded a net loss of RM789 million in the third quarter compared to a net profit of RM424 million in the same period last year, dragged down by unrealised forex losses of RM1.1 billion.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT), said Palm oil dealer David Ng.
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 15 (Bernama) -- Bursa Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy.
1y ago
KUALA LUMPUR, Nov 15 (Bernama) -- MR DIY Group (M) Bhd shares fell in early Bursa Malaysia trade today following a drop in third-quarter (3Q) 2024 net profit.
1y ago
KUALA LUMPUR, Nov 14 (Bernama) -- Malaysia is expected to become Southeast Asia's packaging for manufacturing hub within 10 years, said Reed Exhibitions (RX) China chief operating officer Josephine Lee.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.
1y ago
KUALA LUMPUR, Nov 11 (Bernama) -- Alliance Bank Malaysia Bhd is expected to continue its robust loan growth and stable net interest margin (NIMs) in the second quarter of financial year 2025 (2Q FY2025), said Maybank Investment Bank Bhd (Maybank IB).