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Rubber Market Ends Higher Amid Crude Oil Recovery

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 30 (Bernama) -- The Kuala Lumpur rubber market closed higher on Wednesday, bolstered by recovering crude oil prices and the weakening of the ringgit against the US dollar, a dealer said.

Bursa Slides At Noon Break On Sideways Trading

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia ended the morning trade session in the red as investors hesitated to make their move ahead of the United States’ (US) presidential election next week and upcoming data that could influence the US Federal Reserve’s interest rate decision.

Ringgit Opens Higher After Fall In US Job Openings

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar today after US job openings dropped to the lowest level in more than three and a half years in September, sustaining the narrative for more interest rate cuts in the United States.

Bina Puri Holdings Completes RM73 Mln Credit Financing From MBSB Bank

KUALA LUMPUR, Oct 29 (Bernama) -- Bina Puri Holdings Bhd’s subsidiary, Sumbangan Lagenda Sdn Bhd, has completed the drawdown of its RM73 million credit financing facility from MBSB Bank Bhd.

Rubber Market Declines, Tracking Regional Cues And Global Cautious Sentiment

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended in decline on Tuesday, attributed to weaker cues from regional rubber futures markets and overall cautious sentiment in the global market, said a dealer.

Bursa Malaysia Opens Lower Amid Passive Foreign Buying

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia extended its bearish tone on Tuesday, opening lower due to a lack of buying interest from foreign funds, according to a dealer.

Stable Prices Expected Following September PPI Decline - MIDF

KUALA LUMPUR, Oct 29 (Bernama) -- MIDF Amanah Investment Bank Bhd expects selling prices in Malaysia to remain stable following a decline in the producer price index (PPI) in September 2024.

Ringgit Rebounds, Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit rebounded to open slightly higher against the US dollar today, despite cautious sentiment ahead of next week’s United States (US) presidential election and the Federal Open Market Committee (FOMC) meeting.

Bursa Ends Lower On Heightened Caution In Data-heavy Week, Ahead Of US Election

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.

Sabah A Powerhouse In Palm Oil Industry With 4.5 Mln Tonnes CPO Produced In 2023 - Hajiji

KOTA KINABALU, Oct 28 (Bernama) -- Sabah remained the largest crude palm oil (CPO) producer in the country, with the production of 4.5 million tonnes in 2023 due to superior fruit yields and oil extraction rates, said Chief Minister Datuk Seri Hajiji Noor.

BMI Predicts 2.0 Pct Growth In SEA LPG Demand

KUALA LUMPUR, Oct 28 (Bernama) -- Southeast Asia's (SEA) liquefied petroleum gas (LPG) consumption is projected to grow at an average rate of 2.0 per cent annually from 2023 to 2033, according to BMI, a unit of the Fitch group.

Bursa Malaysia Edges Lower At Midday Amid Cautious Sentiment

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended the morning session in the red, tracking mixed performances in regional markets and on Wall Street amid cautious trading.