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Gold Futures End Lower As Investors Shift Focus, Diverging From COMEX Gains

KUALA LUMPUR, Nov 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, contrary to the positive trend seen in the United States COMEX gold market.

IOI Corp Net Profit Soars To RM710.7 Mln In 1Q On Higher Plantation Segment Contribution

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.

Pharmaniaga Records 3Q Net Profit Of RM101.03 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Pharmaniaga Bhd has recorded a net profit of RM101.03 million in the third quarter (3Q) ended Sept 30, 2024, from a net loss of RM49.34 million in the same period last year.

Hibiscus Petroleum's Brunei Acquisition To Contribute To Earnings Starting FY2025

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 26 (Bernama) -- Hibiscus Petroleum Bhd's acquisition of TotalEnergies in Brunei will start to contribute to its earnings from the financial year ending June 30, 2025 (FY2025), said managing director Dr Kenneth Pereira. 

IOI Properties Among Top Losers On Bursa Malaysia After Disappointing 1Q Earnings

KUALA LUMPUR, Nov 26 (Bernama) -- IOI Properties Group Bhd (IOIPG) became the second biggest loser on Bursa Malaysia at midday after its first-quarter earnings for the financial year ended June 30, 2025 (1Q FY2025) missed expectations.

MoF, BNM Mulling Extension Of mySalam Scheme - Amir Hamzah

KUALA LUMPUR, 26 Nov (Bernama) -- The Ministry of Finance (MoF) and Bank Negara Malaysia (BNM) are looking at the possibility of extending the implementation of the mySalam scheme for two more years.

Malaysia's 2024 IPO Mania Continues, Leading The Regional Market – Rakuten Trade

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia is currently leading the region's initial public offering (IPO) market, with increasing participation from both institutional and retail investors, reflecting growing interest in capital markets.

FBM KLCI Futures Mostly Lower In Early Trade

KUALA LUMPUR, Nov 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were mostly lower in early trading.

Govt Won't Allow Non-citizen Vehicles To Enjoy RON95 Subsidy - Economy Ministry

KUALA LUMPUR, Nov 25 (Bernama) -- The government does not intend to allow vehicles owned by non-citizens to enjoy the RON95 subsidy, said the Ministry of Economy.

CPO Futures End Three-day Losing Streak Amid Stronger Soybean Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Nov 25 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended a three-day losing streak to close higher on Monday, due to stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng. 

MPIC Confident About Hitting Timber Industry Export Target Of RM28 Bln By 2025

KUALA LUMPUR, Nov 25 (Bernama) -- The Ministry of Plantation and Commodities (MPIC) is confident of achieving its target of RM28 billion in export value for timber and timber products by 2025, as outlined under the National Agricommodity Policy 2030.

Gold Futures End Lower, Tracking US COMEX Gold Market

KUALA LUMPUR, Nov 25 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives closed lower today, mirroring the downtrend in the United States COMEX gold market.