News In Brief: Sept 19, 2024
News In Brief: Sept 19, 2024
| LATEST NEWS | The High Court sentenced Datuk Seri Najib Tun Razak to a total of 15 years' imprisonment and fined him RM11.4 billion on four counts of power abuse and 21 counts of money laundering involving RM2.3 billion linked to 1MDB | Floods hit Terengganu again, three PPS activated this evening - APM | |
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FBM KLCI Futures Higher In Early Trade
KUALA LUMPUR, Sept 20 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were higher in the early session on Friday, tracking the underlying cash market.
Bursa Malaysia Higher In Early Trade
KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia moved higher in early trade today, tracking a rally on Wall Street overnight.
CPO Futures End Higher On Worries Over Tighter Supply Due To Weaker Production
KUALA LUMPUR, Sept 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher on Thursday due to worries over weaker production of the commodity that might affect its supply, said a trader.
Gold Futures Close Higher After Fed's Bumper Rate Cut
KUALA LUMPUR, Sept 19 (Bernama) -- The gold futures contract on Bursa Malaysia Derivative ended higher following the expected interest rates cut by the United States Federal Reserve (Fed), analysts said.
FBM KLCI Futures End Higher, Tracking Cash Market's Performance
KUALA LUMPUR, Sept 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher today, in line with the performance of the underlying cash market.
SDCG Optimistic On Growth Amid Lower Costs, Green Incentives
KUALA LUMPUR, Sept 19 (Bernama) -- Solar District Cooling Group Bhd (SDCG), a provider of building management systems (BMS), solar thermal systems, and energy-saving solutions, is optimistic about its business growth this year, driven by a positive outlook and lower costs.
FBM KLCI Futures Mostly Higher In Early Trade
KUALA LUMPUR, Sept 19 (Bernama) -- FTSE Bursa Malaysia KLCI (FBM KLCI) futures were mostly higher despite the weaker underlying cash market.
Ringgit Opens Slightly Lower Against US Dollar, Rises Vs Other Major Currencies
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, Sept 19 (Bernama) -- The ringgit opened slightly lower against the greenback on a lack of buying interest despite a 50 basis points US interest rate cut decision by the US Federal Reserve (Fed).
CPO Futures Snap Three-day Losing Streak To End Higher
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 18 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a three-day losing streak to end higher on Wednesday as the market expects a resumption of vegetable oil demand from India for the upcoming festive season, said a trader.
FBM KLCI Futures End Lower In Line With Cash Market
KUALA LUMPUR, Sept 18 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today in line with the performance of the underlying cash market.
LCR Expects To Improve, Supporting NIM Recovery - Maybank IB
KUALA LUMPUR, Sept 18 (Bernama) -- The average liquidity coverage ratio (LCR) for Islamic banks in Malaysia has improved, which should help reduce funding pressure in the near future, said Maybank Investment Bank Bhd (Maybank IB).