PetGas 3Q Net Profit Jumps To RM493.67 Mln, Declares 18 Sen Dividend

KUALA LUMPUR, Nov 27 (Bernama) -- Petronas Gas Bhd's (PetGas) net profit climbed to RM493.67 million in the third quarter ended Sept 30, 2024 (3Q FY2024), up from RM468.46 million in the same period last year.

Leong Hup's 3Q Net Profit Rises To RM135.02 Mln, Declares 1.45 Sen Dividend

KUALA LUMPUR, Nov 26 (Bernama) --Leong Hup International Bhd’s net profit rose to RM135.02 million in the third quarter ended Sept 30, 2024 (3Q 2024) from RM132.96 million in the same period last year on stronger performance in the Philippines and Vietnam.

MAHB Posts Higher 3Q Net Profit Of RM210.37 Mln

KUALA LUMPUR, Nov 26 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) posted a higher net profit of RM210.37 million in the third quarter ended Sept 30, 2024 (3Q 2024), compared to RM94.76 million in the same period last year.

Petronas Dagangan Share Price Surges On Strong 3q Net Profit

KUALA LUMPUR, Nov 26 (Bernama) -- Petronas Dagangan Bhd's shares climbed nearly five per cent following a strong surge in net profit announced yesterday.

Petronas Dagangan's 3Q Net Profit Almost Doubles On Strong Margins

KUALA LUMPUR, Nov 25 (Bernama) -- Petronas Dagangan Bhd (PetDag) almost doubled its net profit in the third quarter ended Sept 30, 2024 (3Q24) to RM335.13 million against RM184.72 million in the same period of 2023, thanks to strong margins negated by elevated operating expenditure in line with increased activities.

AM Best Affirms NongHyup Property and Casualty Insurance’s Ratings

KUALA LUMPUR, Nov 25 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of South Korea’s NongHyup Property and Casualty Insurance Company Limited (NH P&C).

Bursa Malaysia Expected To Trade In Tight Range Between 1,600 And 1,610 Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 23 (Bernama) -- Bursa Malaysia is anticipated to trade within a tight range of 1,600 to 1,610 next week, with 1,600 remaining a key psychological and technical threshold, reflecting Malaysia’s resilient economic backdrop.

MARC Ratings: Oil Prices To Range Between US$65 And US$75 Per Barrel In 2025

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) has projected that oil prices will likely range between US$65 (US$1=RM4.46) and US$75 per barrel in 2025.

Ringgit Ends Higher On Weaker Demand For Greenback

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit appreciated against the US dollar on Tuesday rebounding from yesterday’s loss, following weaker demand for the greenback, said an analyst.

Bursa Malaysia Gives Up Earlier Gains To End Mixed

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 19 (Bernama) -- Bursa Malaysia gave up earlier gains to end mixed today, amid a higher regional market showing, as property, construction, and healthcare counters attracted buying interests, while plantation, banking, and telecommunication stocks saw some profit-taking, an analyst said.

Ringgit Rises On US Dollar Correction

KUALA LUMPUR, Nov 19 (Bernama) -- The ringgit opened higher against a weakening US dollar today as the Dollar Index (DXY) experienced a correction, said an analyst. 

Gold Futures Likely To Remain In Cautious Trading Next Week

By Anas Abu Hassan

KUALA LUMPUR, Nov 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to experience cautious trading next week, following recent gains in the US dollar, an analyst said.