Bursa Malaysia Mulls New Futures Contract For Used Cooking Oil

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia has confirmed its plan to introduce a new futures contract for used cooking oil, pending industry consultation and regulatory approval.

CPO Futures Continue Downtrend Amid Higher Stock Levels

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives continued their downtrend today to close mostly lower for the third consecutive day amid signs of higher stock levels in the country following the Malaysian Palm Oil Board’s (MPOB) September 2024 data release, a trader said. 

Rubber Market Ends Lower In Tandem With Regional Rubber Futures

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 10 (Bernama) -- The Kuala Lumpur rubber market ended lower today influenced by the downtrend in the regional rubber futures markets as traders respond to the minutes of the United States (US) Federal Reserve meeting, a dealer said.

Malaysia, UAE Enhance Trade Prospects After Concluding CEPA Negotiations - Tengku Zafrul

KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.

Malaysia's Palm Oil Exports Climb 0.93 Pct To 1.54 Mln Tonnes In September - MPOB

KUALA LUMPUR, Oct 10 (Bernama) -- The Malaysian Palm Oil Board (MPOB) reported that palm oil exports in September 2024 saw a marginal increase of 0.93 per cent to 1.54 million tonnes from 1.53 million tonnes in August 2024.

Bursa Malaysia Maintains Uptrend At Midday

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, with the key index increasing by 0.48 per cent, lifted by buying interest in selected heavyweights amidst firmer performance in regional markets.

Bursa Malaysia Opens Higher, Tracking Wall Street Performance

By Kisho Kumari Sucedaram

KUALA LUMPUR, Oct 10 (Bernama) -- Bursa Malaysia advanced at the opening today, tracking a stronger Wall Street performance overnight , said an analyst. 

CPO Futures Extend Losses Ahead Of MPOB Data Tomorrow

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 9 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline on Wednesday due to profit-taking ahead of the Malaysian Palm Oil Board’s (MPOB) September 2024 data due tomorrow, said a trader. 

Petron: No Disruption To Petroleum Products Supply Amid Refinery Maintenance

KUALA LUMPUR, Oct 9 (Bernama) -- Petron Malaysia Refining and Marketing Bhd's (Petron Malaysia) refinery at Port Dickson, Negeri Sembilan, will undergo a maintenance shutdown for eight weeks to facilitate repairs to its furnaces.

Rubber Market Ends Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Oct 9 (Bernama) -- The Kuala Lumpur rubber market ended higher today, taking its cue from the recovery in benchmark crude oil prices and the uptick in the Shanghai rubber futures exchange, amid concerns over tight natural rubber supply due to adverse weather in producing countries, a dealer said. 

Increasing WPL Threshold Will Be A Boon For Plantation Sector

KUALA LUMPUR, Oct 9 (Bernama) -- CIMB Securities Sdn Bhd believes that raising the windfall profit levy (WPL) threshold to around RM4,500 per tonne would benefit the plantation sector, ahead of Budget 2025 which will be presented on Oct 18.

Bursa Malaysia Higher At Midday, Tracking Wall Street's Performance

KUALA LUMPUR, Oct 9 (Bernama) -- Bursa Malaysia remained higher at midday, tracking Wall Street’s positive performance amid declining crude oil prices and ongoing Middle East tension, an analyst said.