RHB IB Lifts 2024 TIV Forecast To 790,000 Units
KUALA LUMPUR, Sept 19 (Bernama) -- RHB Investment Bank Bhd (RHB IB) has raised its total industry volume (TIV) forecast for this year to 790,000 units, up from its previous estimate of 740,000 units.
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CPO Futures Snap Three-day Losing Streak To End Higher
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Wednesday as the market expects a resumption of vegetable oil demand from India for the upcoming festive season, said a trader.
Capital A, PT Garuda Indonesia Invest US$12 Mln In JV To Revolutionise Landing Gear Services
From Soraya Jamal
BALI, Sept 18 (Bernama) -- Capital A Bhd’s subsidiary, Asia Digital Engineering Sdn Bhd (ADE), and PT Garuda Maintenance Facility Aero Asia Tbk (GMF) have entered a strategic partnership for a new landing gear maintenance, repair, and overhaul (MRO) business with a combined investment of US$12 million (US$1 = RM4.25).
FBM KLCI Pares Loss At Close Amid Market Uncertainty Ahead Of Expected US Rate Cut
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 18 (Bernama) -- Bursa Malaysia pared losses at the close on Wednesday but overall market sentiment remained weak as most traders remained on the sidelines ahead of an expected US interest rate cut later tonight.
FBM KLCI Rises As Investors Chase Glove Counters Amid Expectation For Outsized US Rate Cut
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 17 (Bernama) -- Bursa Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.
Foreign Investors Netted RM217.6 Mln In Equities Last Week – MIDF
KUALA LUMPUR, Sept 17 (Bernama) -- Foreign investors continued to reposition their funds ahead of the US Federal Reserve’s anticipated easing this week, net buying RM217.6 million during 9-13 September, marking the fifth consecutive week of net purchases.
Glove Counters Jump In Early Session On Higher Us Tariffs On Chinese Imports
KUALA LUMPUR, Sept 17 (Bernama) -- Glove counters rose in early Tuesday trading following a recent announcement by the US Trade Representative (USTR) on substantial tariff increases imposed on Chinese imports, including a phased tariff structure for medical face masks and surgical gloves.
Air Traffic Controllers - The Silent Guardians Of Air Safety
By Kisho Kumari Sucedaram
KUALA LUMPUR, Sept 16 (Bernama) -- Tucked away behind the scenes and high above the ground, the role played by a group of unsung heroes is just as crucial as that of pilots, if not more stressful.
Bursa Malaysia Set To Consolidate Next Week Amid Strength In Global Equities
By Harizah Hanim Mohamed
KUALA LUMPUR, Sept 14 (Bernama) -- Bursa Malaysia is expected to consolidate within the 1,630-1,670 range next week, offering accumulation opportunities and potentially setting the stage for an upward move as market sentiment improves.
CPO Futures Expected To Trade Lower Next Week
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Sept 14 (Bernama) — Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade on a downward bias next week, given the persistent weak demand seen recently, a dealer said.
FBM KLCI Futures Set To Consolidate Next Week
KUALA LUMPUR, Sept 14 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is set to consolidate next week in sync with the underlying cash market.
Bursa Malaysa Ends On A High Note
By Siti Radziah Hamzah
KUALA LUMPUR, Sept 13 (Bernama) -- Bursa Malaysia ended its trading this week on a high note on the back of investors’ anticipation of the United States’ (US) Federal Reserve announcement on interest rate next week.