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Selangor's Northern Corridor Has Potential To Become State's Future Economic Hub

SHAH ALAM, June 13 (Bernama) -- The Selangor State Government's focus on developing the northern corridor, which includes Hulu Selangor and Kuala Selangor, has the potential to transform the area into a new economic hub for the state.

KLCI Futures Likely To Remain Positive Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, June 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract is likely to maintain a constructive near-term outlook, supported by easing geopolitical concerns, improving global risk sentiment, and a relatively stable domestic macroeconomic environment.

CPO Futures Set To Trade In RM4,200-RM4,300 Range Next Week -- Interband

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, June 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade within the range of RM4,200-RM4,300 per tonne next week.

Ringgit To Trade Cautiously Next Week Ahead Of FOMC Meeting

KUALA LUMPUR, June 13 (Bernama) -- The ringgit is expected to be traded cautiously next week, ahead of the June 16-17 Federal Open Market Committee meeting.

Bursa Malaysia Seen Trading Range-bound Next Week Amid External Uncertainties

KUALA LUMPUR, June 13 (Bernama) -- Bursa Malaysia is expected to trade range-bound with a neutral bias as investors assess geopolitical developments and key economic data releases from major economies.

Gold Futures To Trade Cautiously Next Week

KUALA LUMPUR, June 13 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as investors monitor developments in the West Asia conflict.

Scanwolf Unit Secures RM21 Mln Works Contract In Selangor

KUALA LUMPUR, June 12 (Bernama) -- Scanwolf Corporation Bhd, a producer of plastic edging and flooring, has received a letter of award (LOA) from Sg Besi Construction Sdn Bhd for a contract valued at RM21 million through its wholly-owned subsidiary, Scanwolf Trading and Construction Sdn Bhd.

Ringgit Extends Gains, Closes Higher Versus US Dollar

By Danni Haizal Danial Donald

KUALA LUMPUR, June 12 (Bernama) -- The ringgit extended its gains on Friday, closing higher against the US dollar as uncertainty surrounding the conflict in West Asia weighed on the greenback.

Attractive Valuations Drive Buying, Bursa Malaysia Ends Higher

KUALA LUMPUR, June 12 (Bernama) -- Selected blue-chip counters trading at attractive valuations helped Bursa Malaysia close higher on Friday, despite cautious market sentiment driven by developments in West Asia, volatility in crude oil prices and uncertainty over the global interest rate outlook.

Rubber Market Extends Gains On Strong Regional Futures

KUALA LUMPUR, June 12 (Bernama) -- The Kuala Lumpur rubber market extended its upward momentum to close higher on Friday, lifted by gains in regional rubber futures markets amid concerns of weather-related supply tightness, a dealer said.

GWM Malaysia Confident Of Sustaining Double-Digit Growth Momentum By End-2026

By Fatin Umairah Abdul Hamid

​​​​​KUALA LUMPUR, June 12 (Bernama) -- GWM Malaysia is targeting double-digit growth by the end of 2026, building on its strong performance last year, when sales surged 177 per cent to nearly 5,900 units from 2,128 units in 2024.

Brent Oil Prices Trend Below US$90 Per Barrel On Friday's Open

KUALA LUMPUR, June 12 (Bernama) -- Brent oil prices closed at US$90.4 per barrel (bbl) and trended below the US$90.0/bbl threshold on Friday’s open on renewed optimism over a potential Iran deal (US$1=RM4.05).