11d ago
By K Naveen Prabu
KUALA LUMPUR, June 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today, dragged by weaker crude oil and soybean oil prices.
11d ago
KUALA LUMPUR, June 24 (Bernama) -- Kenanga Investment Bank Bhd has revised its 2025 inflation forecast downward to 2.0 per cent from 2.7 per cent (2024: 1.8 per cent), while expecting Bank Negara Malaysia (BNM) to keep the Overnight Policy Rate (OPR) unchanged.
12d ago
By K Naveen Prabu
KUALA LUMPUR, June 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed marginally higher today, supported by firmer crude oil and soybean oil prices.
12d ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, June 23 (Bernama) -- Gold futures contracts on Bursa Malaysia Derivatives rebounded to close higher on Monday, driven by the escalation in geopolitical tensions as the United States (US) bombed Iran’s nuclear facilities on Sunday, an analyst said.
12d ago
KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) ended the morning session higher today, buoyed by renewed buying interest in selected blue chips, despite cautious sentiment amid heightened geopolitical tensions.
12d ago
KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia trended lower in early trade today as investors turned wary amid heightened geopolitical tensions in the Middle East, an analyst said.
12d ago
KUALA LUMPUR, June 23 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday despite a strong US Dollar Index (DXY) as ongoing geopolitical tensions, with the United States’ (US) involvement in the Israel-Iran conflict, in focus, said an analyst.
14d ago
By Abdul Hamid A Rahman and K. Naveen Prabu
KUALA LUMPUR, June 21 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend higher next week, buoyed by the recent strength in soybean and crude oil prices.
14d ago
By Abdul Hamid A Rahman and K. Naveen Prabu
KUALA LUMPUR, June 21 (Bernama) -- The rubber market is expected to trend lower next week, weighed down by escalating geopolitical tensions in the Middle East, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).
15d ago
KUALA LUMPUR, June 20 (Bernama) -- Rakuten Trade Sdn Bhd has revised its year-end target for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,630 from its earlier projection of 1,730, in line with the recent downgrades in corporate earnings, said its head of research Kenny Yee Shen Pin.
16d ago
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.
16d ago
By Kamarul Ariffin Md Yasin & Siti Nurhana Shafirah Mat Nazir
KUALA LUMPUR, June 19 (Bernama) -- Petroliam Nasional Bhd (Petronas) must face new demands in the energy transition era to remain relevant amid current economic uncertainties and geopolitical tensions.