Bursa Malaysia Stays Higher At Midday
By Zufazlin Baharuddin
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia’s key index remained positive at midday today, mainly boosted by plantation stocks.
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RHBIB Upgrades Call On Plantation Sector, Share Prices Yet To Reflect CPO Prices
KUALA LUMPUR, Nov 12 (Bernama) -- RHB Investment Bank Bhd (RHBIB) has upgraded its recommendation on the plantation sector to “overweight” from “neutral,” given the higher crude palm oil (CPO) prices, which have crossed RM5,000 per tonne, amidst a blend of fundamental and speculative factors.
Bursa Malaysia Opens Higher, Tracking Overnight Wall St Gains
KUALA LUMPUR, Nov 12 (Bernama) -- Bursa Malaysia opened higher, rebounding on a stronger Wall Street performance overnight, according to an analyst.
CPO Futures Surge To RM5,200 A Tonne, Highest Since June 2022
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Oct 11 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives surged close to RM5,200 per tonne for the January 2025 benchmark contract, reaching the highest level since June 2022, said a trader.
Sarawak Projects Up To 6 Pct Economic Growth In 2024 -- Abang Johari
KUCHING, Nov 11 (Bernama) -- Sarawak is projected to experience resilient economic growth of five to six per cent in 2024 due to strong external demand, increased domestic activities and easing inflationary pressures.
Bursa Malaysia Opens Higher Tracking Wall Street
KUALA LUMPUR, Nov 11 (Bernama) -- Bursa Malaysia's key index was higher in early trade today, tracking Wall Street which closed on a strong note with the Dow Jones Industrial Average (DJIA) hitting a record high of 44,000 last Friday as stocks stayed firmly bullish, said an analyst.
FGV Plans To Export CPKO To Europe Via Customer-end Products
From Nur Athirah Binti Mohd Shaharuddin
SUNGKAI, Nov 8 (Bernama) -- FGV Holdings Bhd will leverage its existing customer base to export crude palm kernel oil (CPKO) products to Europe by the end of this year.
Rubber Market Ends Mixed On Lower Crude Oil Prices
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 8 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, influenced by a downtrend in crude oil prices and the stronger ringgit against the greenback, a dealer said.
Rally In CPO Futures Lifts Bursa Derivatives To Record Monthly Trading Volume In October
KUALA LUMPUR, Nov 8 (Bernama) -- Bursa Malaysia Derivatives (BMD) Bhd recorded an all-time high monthly trading volume for all its products combined with a total of 2.34 million contracts traded in October 2024.
BMI Maintains Brent Crude Price At US$81 Per Barrel In 2024
KUALA LUMPUR, Nov 8 (Bernama) -- BMI, a Fitch Solutions company, has maintained its forecast for Brent crude price at US$81 per barrel in 2024, falling to US$78 per barrel in 2025.
Bursa Malaysia Stays Lower At Midday
KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia remained lower at midday, weighed by cautious investor sentiment despite Wall Street's robust performance overnight.
RHB Investment Bank Maintains Malaysia 2025 GDP Forecast At 5.0 Pct Post-Trump Win
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.