Analysts Lift Target Price On Gamuda Amid New Hydroelectric Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Analysts are maintaining an outperform rating on Gamuda Bhd, raising the target price following the company’s recent contract win, which bolsters earnings visibility.

FBM KLCI Futures Open Firmer

KUALA LUMPUR, Oct 28 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened firmer in early trade today.

Gold Futures Likely To Trade Higher Next Week, Seen Hitting US$2,800 Ahead Of US Election

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week as investors brace for heightened volatility ahead of the US presidential election.

CPO Futures Likely To Trade With Bullish Bias Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to be well supported with a bullish bias next week, a dealer said.

FBM KLCI Futures Expected To Remain In Consolidation Mode Next Week

By Karina Imran

KUALA LUMPUR, Oct 26 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives is expected to remain in consolidation mode next week, said an analyst.

Gamuda Jv Bags RM3.05 Bln Power Plant Project In Sabah

KUALA LUMPUR, Oct 25 (Bernama) -- Gamuda Bhd, in a joint venture (JV) with Conlay Construction Sdn Bhd, has been appointed as the total development contractor for the Ulu Padas Hydroelectric Power Plant in Sabah.

CPO Futures End Lower On Profit-Taking Activities

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Friday, reversing a significant portion of the gains achieved in previous days, a trader said.

FBM KLCI Futures Ends Lower

KUALA LUMPUR, Oct 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Friday in line with the performance of the underlying cash market. 

Petronas Introduces Two Initiatives To Bolster Oil And Gas Sector

KUALA LUMPUR, Oct 25 (Bernama) -- Petroliam Nasional Bhd (Petronas), through Malaysia Petroleum Management (MPM), aims to bolster the robustness of the local oil and gas sector with two new initiatives.

Sarawak Metro Awards RM122 Mln Contract For Hydrogen Bus Supply to JV

KUCHING, Oct 25 (Bernama) -- Sarawak Metro Sdn Bhd (Sarawak Metro) has awarded a contract worth over RM122 million to a joint venture (JV) company comprising SKS Coachbuilders Sdn Bhd and Sun Credit Sdn Bhd for the supply of hydrogen-powered feeder buses.

FBM KLCI Futures Open Mixed

KUALA LUMPUR, Oct 25 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures opened mixed in early trade today. 

CPO Futures Rally On Expectations Of Weaker Output, Lower Stockpiles

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rallied to above RM4,600 per tonne for the January 2025 benchmark contract, boosted by positive sentiment amid expectations of weaker output and lower stock levels, said a trader.