Rubber Market Expected To Be Quiet Next Week With A Slight Upward Bias

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Dec 27 (Bernama) -- The rubber market is expected to be quiet with a tendency to move slightly higher next week, said industry expert Denis Low.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, Dec 26 (Bernama) -- Bursa Malaysia retreated from its previous gains to open lower on Friday as investors engaged in profit-taking in selected heavyweight stocks.

Borneo Oil's Associate Verde Resources Applies For Nasdaq Listing

KUALA LUMPUR, Dec 24 (Bernama) -- Borneo Oil Bhd’s quoted investment, Verde Resources Inc, has applied to list its common stock on the Nasdaq stock market, in conjunction with a proposed underwritten public offering in the United States.

Window Dressing Lifts FBM KLCI To Over 15-month High At Midday

KUALA LUMPUR, Dec 24 (Bernama) -- Year-end window dressing continued to support Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), keeping the index above a 15-month high at midday.

FBM KLCI Opens Lower On Mild Profit-taking

KUALA LUMPUR, Dec 24 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Wednesday as mild profit-taking emerged following its recent rally, with trading activity typically softening during the holiday week.

Hextar Global To Acquire three Fertiliser Companies For RM120 Mln

KUALA LUMPUR, Dec 23 (Bernama) -- Hextar Global Bhd announced today that it has entered into conditional share sale agreements with Hextar Industries Bhd (HIB) and Hextar Fertiliser Group Sdn Bhd to acquire the entire equity interests in PK Fert Sdn Bhd (PKFT), PK Fertilizers Sdn Bhd (PKF), and Hextar Fert Sdn Bhd (HFT) for RM120 million. 

Bursa Malaysia Extends Rally For Fourth Session On Institutional Buying

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its upward momentum for a fourth consecutive session, underpinned by ongoing support from domestic institutional investors. 

Yinson Unit Enters 15-Year PPA With Genesis Energy Of New Zealand

KUALA LUMPUR, Dec 22 (Bernama) -- Yinson Holdings Bhd’s indirect wholly owned subsidiary Mt Cass Wind Farm Ltd (MCWFL) has entered into a 15-year power purchase agreement (PPA) with Genesis Energy Ltd from its 94.6 megawatt (MW) wind farm located on the South Island of New Zealand.

Bursa Malaysia Lower At Midday On Mild Selling Pressure

KUALA LUMPUR, Dec 22 (Bernama) -- Bursa Malaysia was lower at midday as mild selling pressure in selected heavyweight stocks weighed on the market following recent gains, diverging from the positive performance seen across regional markets.

Bursa Malaysia Opens Lower On Profit-taking

KUALA LUMPUR, Dec 22 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower on Monday as investors engaged in profit-taking in heavyweight stocks following the index’s recent strong performance despite a positive close on Wall Street.

Bursa Malaysia Holds Firm On Valuations, Earnings Recovery Amid Global Turbulence

KUALA LUMPUR, Dec 21 (Bernama) -- Malaysia’s stock market rebounded and held steady towards year-end, underpinned by attractive valuations and a gradual earnings recovery, despite a turbulent global backdrop precipitated by US-imposed tariffs and a prolonged government shutdown that weighed on investor sentiment.

CPO Futures To Trade With Bearish Bias Next Week Amid Rising Stock Levels

By K. Naveen Prabu

KUALA LUMPUR, Dec 20 (Bernama) -- The crude palm oil (CPO) futures are expected to trade with a bearish bias next week, weighed down by rising stock levels.