1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 23 (Bernama) -- The local rubber market is expected to trade sideways with a slight upward bias due to the Northeast Monsoon, which can last for several months, said industry expert Denis Low.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to continue trading in range-bound mode with an upward bias next week.
1y ago
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit continued to be well supported and sustained its upward momentum, gaining 0.12 per cent against the US dollar at the close on Wednesday on continued demand, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Nov 20 (Bernama) -- The Kuala Lumpur rubber market continued its upward trend to end higher on Wednesday, buoyed by a rally in regional rubber futures markets and a weaker ringgit against the US dollar, a dealer said.
1y ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- The offer to privatise Malaysia Airports Holdings Bhd (MAHB) at RM11 per share provides an opportunity for investors to realise immediate gains, said CIMB Securities Sdn Bhd.
1y ago
KUALA LUMPUR, Nov 18 (Bernama) -- Kossan Rubber Industries Bhd’s shares on Bursa Malaysia rose in early trade after the company announced an interim and special dividend, despite weaker results for the third quarter ended Sept 30, 2024 (3Q 2024).
1y ago
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 16 (Bernama) -- Bursa Malaysia is anticipated to remain in a consolidation phase next week, with investors closely monitoring both domestic and international developments that could influence market direction.
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- Malaysia’s natural rubber (NR) production decreased by 13.9 per cent to 30,929 tonnes in September 2024 compared to 35,908 tonnes in August 2024, according to the Department of Statistics Malaysia (DOSM).
1y ago
KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.
1y ago
KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.
1y ago
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia Derivatives (BMD) Bhd recorded an all-time high monthly trading volume for all its products combined with a total of 2.34 million contracts traded in October 2024.