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By Karina Imran
KUALA LUMPUR, May 13 (Bernama) -- The United States (US)-China agreement to temporarily reduce tariff is broadly positive for the local equity market, as it reduces the risk of a US and global recession and leads to higher net foreign inflows, said CIMB Securities Sdn Bhd.
KUALA LUMPUR, May 13 (Bernama) -- Hong Leong Investment Bank Bhd (HLIB) has maintained its 'neutral' call on the plantation sector, citing a lack of clear demand catalysts and mixed earnings prospects across both upstream and downstream segments.
KUALA LUMPUR, May 2 (Bernama) -- Bursa Malaysia recouped earlier losses with the key index closing at its intraday high on Friday, in tandem with the positive regional market performance and late buying in telecommunications, construction, property, and data centre-related stocks.
KUALA LUMPUR, April 16 (Bernama) -- Nextgreen IOI Pulp Sdn Bhd (NIP), a joint venture (JV) between Nextgreen Global Bhd (55 per cent) and IOI Corporation Bhd (45 per cent), has teamed up with Hong Kong Paper Sources Co Ltd to develop a high-capacity, bio-integrated pulp production facility at the Green Technology Park in Pekan, Pahang.
KUALA LUMPUR, Feb 25 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit fell by two-thirds to RM111.1 million in the second quarter ended Dec 31, 2024 (2Q FY2025) from RM335.4 million in the year-ago quarter despite a stronger contribution from the plantation segment.
KUALA LUMPUR, Feb 12 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable this year, ranging between RM4,000 and RM5,000 per metric tonne (MT), according to analysts.
KUALA LUMPUR, Jan 9 (Bernama) -- Bursa Malaysia ended the morning session in negative territory due to profit-taking in selected heavyweights, primarily dragged down by plantation counters.
KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia ended the morning session down as investors sold selected plantation and financial services blue chip stocks.
KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia remained lower at mid-day, tracking regional markets after Wall Street’s subdued overnight performance.
KUALA LUMPUR, Nov 27 (Bernama) -- Bursa Malaysia keeps its momentum going at midday amid not-so-rosy regional markets as investors turn their attention to the upcoming US inflation report later tonight.
KUALA LUMPUR, Nov 27 (Bernama) -- IOI Corp Bhd’s operating profit remains stable amid the uncertainty in the downstream sub-segment, driven by the low cost of production among its peers, circa RM2,300-RM2,600 per tonne, MIDF Amanah Investment Bank Bhd said.
KUALA LUMPUR, Nov 26 (Bernama) -- IOI Corporation Bhd’s net profit surged to RM710.7 million in the first quarter of its financial year ending June 30, 2025 (1Q FY2025) from RM304.0 million in 1Q FY2024 due to higher plantation segment contribution.
