Bursa Malaysia Opens Marginally Lower, Hot US Inflation Reading Weighs

KUALA LUMPUR, Feb 13 (Bernama) -- Bursa Malaysia was marginally lower in early trade Thursday as investors reacted to the hotter-than-expected US inflation data, which is expected to prevent the Federal Reserve from easing interest rate.

FBM KLCI Futures Higher In Early Session

KUALA LUMPUR, Feb 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives were firmer in early trading today.

CPO Futures Extend Gains For Fifth Day on Lower Stocks, Stronger Soybean Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 12 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives extended its gains for five consecutive days driven by lower stock levels in the country, a dealer said.

US Fed's Hawkish Stance Weighs On Gold Futures

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower today as sentiment for the safe-haven metal weakened following the United States (US) Federal Reserve's (Fed) hawkish stance on its interest rates.

FBM KLCI Futures Close Firmer

KUALA LUMPUR, Feb 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended firmer today in line with the underlying cash market.

Pavilion REIT Posts RM409.92 Mln Net Profit For FY2024

KUALA LUMPUR, Feb 12 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a lower net profit of RM409.92 million for the financial year ended Dec 31, 2024 (FY2024) from RM431.79 million last year, mainly driven by higher borrowing costs due to drawdown of additional borrowings for the acquisition of investment property.

MCHB's Unit To Dispose Of 15.64ha Land In Negeri Sembilan For RM90.91 Mln

KUALA LUMPUR, Feb 12 (Bernama) -- Matrix Concepts Holdings Bhd's (MCHB) 85 per cent-owned subsidiary, N9 Matrix Development Sdn Bhd, has entered into a sale and purchase agreement (SPA) to dispose of 15.64 hectares of land for RM90.91 million to Kuntum Kemuning Sdn Bhd (KKSB) in Labu, Negeri Sembilan.

Binastra Bags RM250.37 Mln Data Centre Construction Project

KUALA LUMPUR, Feb 12 (Bernama) -- Binastra Corp Bhd’s (Binastra) wholly-owned subsidiary Binastra Builders Sdn Bhd has bagged a RM250.37 million data centre construction project in Cyberjaya, Selangor from MYT DC3 Sdn Bhd.

FBM KLCI Futures Firmer In Early Trading

KUALA LUMPUR, Feb 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives were firmer in early trading today.

Bargain Hunting Lifts Bursa Malaysia To Open Higher

KUALA LUMPUR, Feb 12 (Bernama) -- Bursa Malaysia reopened firmer as bargain hunting emerged, allowing the main index to return to above the 1,590 territory on Wednesday.

Haos Ek? Eyes Export Market, Targets Bursa Malaysia Listing In 2028

KUALA LUMPUR, Feb 11 (Bernama) -- Haos Bhd, a company that produces the local beverage brand Haos Ek?, is expanding into the export market and taking steps towards listing on the Bursa Malaysia in 2028.

CPO Futures Extend Gains On Weaker Output Growth

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Feb 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued to extend its gains for four consecutive days driven by weaker-than-expected output growth, a dealer said.