Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

Bursa Malaysia Slips In Early Trade Amid Rising Geopolitical Risk

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia trended lower in early trade today as investors turned wary amid heightened geopolitical tensions in the Middle East, an analyst said.

Local Institutions Maintain Buying Momentum For Fifth Week With RM510.6 Mln Inflows

KUALA LUMPUR, June 23 (Bernama) -- Local institutions continued their buying streak for the fifth consecutive week, with net inflows amounting to RM510.6 million compared with RM620.6 million in the previous week, said MIDF Amanah Investment Bank Bhd.

CCCC Reaffirms Long-term Commitment To Malaysia’s Infrastructure Growth

BEIJING (China), June 23 (Bernama) – China Communications Construction Company Ltd (CCCC) has reaffirmed its commitment to Malaysia, expressing its readiness to deepen its involvement in the country’s infrastructure development, which the company regards as key to long-term regional connectivity.

OCBC Commits RM11 Bln Financing, Another RM3 Bln By End-2025 For JS-SEZ

Malaysia Rises In IMD Ranking, But Reforms Must Continue – FMM

KUALA LUMPUR, June 22 (Bernama) -- Malaysia’s notable rise in the IMD World Competitiveness Ranking 2025 -- climbing 11 spots to 23rd out of 69 economies -- should be used as a catalyst for deeper reform, according to the Federation of Malaysian Manufacturers (FMM)

Kedah Records Investments Totalling RM4.2 Bln In 1Q 2025

ALOR SETAR, June 22 (Bernama) -- Kedah recorded RM4.2 billion in investments in the first quarter of this year (1Q 2025), which is expected to generate over 1,400 job opportunities.

PHB Offering 300 Mln AHB Units For Subscription

KUALA TERENGGANU, June 21 (Bernama) -- Pelaburan Hartanah Bhd (PHB) is offering 300 million Amanah Hartanah Bumiputera (AHB) units for public subscription, providing Bumiputera investors a low-risk investment opportunity backed by real estate assets.

Bursa Malaysia To Remain Cautious, CI To Trade Within 1,500-1,530 Range Next Week

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- Bursa Malaysia is expected to remain cautious next week, tracking Wall Street’s performance as markets digest signals from the United States (US) Federal Open Market Committee (FOMC), said an analyst.

Ringgit Expected To Stay Defensive Due To Middle East Conflict

By Zarul Effendi Razali

KUALA LUMPUR, June 21 Bernama) -- The ringgit is expected to stay defensive within a tight range next week, as traders and investors will continue to observe the military conflict in the Middle East, said an analyst.

FBM KLCI Futures Likely To Trade Cautiously Next Week, Tracking Local And US Markets

By Rosemarie Khoo Mohd Sani and Danni Haizal Danial Donald

KUALA LUMPUR, June 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is likely to trade cautiously next week, tracking the local bourse and Wall Street’s performances, an analyst said.

Rubber Prices Likely To Trend Lower Next Week Due To Geopolitical Tensions

By Abdul Hamid A Rahman and K. Naveen Prabu

KUALA LUMPUR, June 21 (Bernama) -- The rubber market is expected to trend lower next week, weighed down by escalating geopolitical tensions in the Middle East, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).