1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 31 (Bernama) -- The Kuala Lumpur rubber market closed slightly higher on Friday, taking the cue from steady benchmark crude oil prices and concerns over natural rubber supply shortages due to wet weather in major producing countries, a dealer said.
1y ago
KUALA LUMPUR, Jan 31 (Bernama) -- Analysts are divided in their outlook for Malaysia’s oil and gas (O&G) sector following the release of the Petronas Activity Outlook (PAO) 2025-2027, which forecasts a general reduction in upstream activities and a focus on maintenance services.
1y ago
KUALA LUMPUR, Jan 29 (Bernama) -- Global air cargo markets made significant strides last year, with demand rising 11.3 per cent in cargo tonne-kilometres (CTK) compared to 2023, surpassing the record volumes set in 2021, according to the International Air Transport Association (IATA).
1y ago
KUALA LUMPUR, Jan 28 (Bernama) -- MIDF Amanah Investment Bank Bhd has maintained its positive outlook on the oil and gas (O&G) sector despite the possibility of volatile crude oil prices due to overproduction.
1y ago
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Jan 27 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking trends in regional rubber futures markets as traders responded to weak Chinese economic data, a dealer said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 25 (Bernama) -- Rubber market prices and demand are expected to remain volatile, with a slight upward trend forecast for next week, driven by unpredictable weather in southern Thailand, according to industry expert Denis Low.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher, driven by expectations of weak output in the coming weeks, in line with the seasonal trend, said palm oil dealer David Ng.
1y ago
KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 22 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower on Wednesday, weighed down by concerns over weakening demand from India due to cheaper alternatives, a trader said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 21 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Tuesday tracking gains on the Chicago Board of Trade (CBOT) soybean oil market, a trader said.
1y ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 21 (Bernama) -- The local rubber market ended higher on Tuesday in line with most of its regional peers as sentiment was lifted after the United States (US) delayed imposing tariffs on China, a dealer said.
1y ago
KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia maintained its uptrend at midday, supported by buying activity in selected heavyweight stocks, particularly in industrial products and services, utilities, and financial services.