Petronas LNG Navigates Short-term Market Volatility, Ensures Reliable Delivery -- Ceo

By Zufazlin Baharuddin

KUALA LUMPUR, June 17 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) subsidiary Petronas LNG Ltd (PLL) will continue to navigate short-term market volatility through strong operational systems and risk management processes to ensure reliable delivery of liquefied natural gas (LNG) to its buyers.

MPOC: Palm Oil Output Hits Highest May Level Since 2015 Amid Favourable Weather

KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s palm oil production rose 5.05 per cent month-on-month in May to 1.77 million tonnes, marking the highest output recorded for the month since 2015, according to the Malaysian Palm Oil Council (MPOC).

Bursa Malaysia Opens Marginally Lower Despite Wall Street's Higher Overnight Performance

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, June 17 (Bernama) -- Bursa Malaysia opened marginally lower today on some mild selling activities, mainly among lower liners, despite Wall Street’s higher overnight performance.

Gold Futures Ease As Global Risk Sentiment Improves

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives ended lower on Monday as global risk sentiments improved, said an analyst.

Malaysia’s Property Sector Sets To Remain Bullish, Driven By Buying Interest – MIDF Amanah

KUALA LUMPUR, June 16 (Bernama) -- MIDF Amanah Investment Bank Bhd remains bullish on Malaysia’s property sector this year with buying interest expected to stay healthy.

MTD Properties Embarks On Two Residential And Industrial Projects In Melaka

MELAKA, June 14 (Bernama) -- MTD Properties Sdn Bhd is set to develop two property projects in Melaka, comprising residential and industrial units, with phased construction expected to begin this year.

CPO Futures Expected To Trade Higher Next Week On Stronger Rival Oils

By Zufazlin Baharuddin

KUALA LUMPUR, June 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, tracking the rise of rival oils such as soybean and crude.

Gold Futures Extend Gains On Fed Rate Cut Hopes

KUALA LUMPUR, June 12 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives advanced for a second consecutive day, driven by softer US inflation data that strengthened market expectations for interest rate cuts by the US Federal Reserve (Fed) later this year.

Bursa Malaysia Ends Marginally Higher Amid Cautious Regional Sentiment

By Harizah Hanim Mohamed

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia closed slightly higher today, with the key index climbing 0.18 per cent, supported by buying in utilities and telecommunications heavyweights, despite softer regional sentiment due to profit-taking and caution surrounding the United States-China trade deal.

SST: Property Sector To Be Cushioned By Demand For Industrial Properties -- RHB

KUALA LUMPUR, June 12 (Bernama) -- The overall impact of the revised sales and service tax (SST) on the property sector can be cushioned by the “healthy” demand for industrial properties, said RHB Investment Bank Bhd.

Local Institutional Buying Fuels Bursa Malaysia At Opening

KUALA LUMPUR, June 12 (Bernama) -- Bursa Malaysia extended yesterday’s momentum to open higher today, as current stock valuations remain appealing, prompting continued accumulation by local institutions, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.

Bursa Malaysia Opens Firmer Amid Heavyweight Buying Support

KUALA LUMPUR, June 11 (Bernama) -- Bursa Malaysia opened on a firmer note on Wednesday, with the key index climbing 0.46 per cent, buoyed by buying interest in heavyweight counters and tracking Wall Street, which ended broadly higher.