Gold Futures Extend Gains, Fueled By Fiscal Anxieties

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 3 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their gains on Wednesday, driven by fiscal concerns in the United States (US), said an analyst.

Hextar Global Unit To Sell Raub Agricultural Land For RM13.75 Mln

KUALA LUMPUR, Sept 3 (Bernama) -- Hextar Global Bhd’s (HGB) indirect subsidiary, PHG Ever Fresh Plantation Sdn Bhd, through its 51 per cent-owned unit Hextar Fruits Sdn Bhd (HFSB), has signed three sale and purchase agreements with Chateau MSK Sdn Bhd to dispose of three freehold agricultural land parcels totalling 10.02 hectares in Raub, Pahang for RM13.75 million.

FBM KLCI Futures End Higher

KUALA LUMPUR, Sept 3 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday.

Bursa Malaysia Pares Gains But Stays Up For Second Straight Day

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia pared gains but still ended up for the second straight session on Wednesday, supported by buying of selected counters in consumer products and services, as well as telecommunications and media sectors.

Solarvest, Malakoff Consortium Secure Solar Project In Perak

KUALA LUMPUR, Sept 3 (Bernama) -- Malakoff Corporation Bhd and Solarvest Holdings Bhd, through a consortium, have secured a letter of notification from the Energy Commission of Malaysia (EC) to develop a 470 megawatt alternating current (MWa.c.) large-scale solar (LSS) photovoltaic plant in Perak.

Bursa Malaysia Maintains Positive Momentum At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia maintained its positive momentum at midday, buoyed by continuous buying activities despite negative performance in the regional markets.

Bursa Malaysia Maintains Upward Momentum Amid Continuing Buying Interest

KUALA LUMPUR, Sept 3 (Bernama) -- Bursa Malaysia extended yesterday’s upward momentum amid continued buying interest.

99 Speedmart Opens First Outlet In China

KUALA LUMPUR, Sept 2 (Bernama) -- 99 Speed Mart Retail Holdings Bhd has confirmed the opening of its first store in China, located in Fuzhou, Fujian Province, on Aug 31.

CPO Futures End Higher On Strong Export Expectations

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 2 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Tuesday, driven by expectations of stronger exports and slower production growth.

Gold Futures Hit Record High On Rate Cut Bets

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 2 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed on a record high, breaking above the US$3,500 mark on expectations of a United States (US) interest rate cut and renewed concerns over the Federal Reserve’s independence.

FBM KLCI Stages Rebound On Late Bargain Hunting

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia rebounded from last Friday’s loss to close higher on Tuesday as late buying lifted the key index amid a mixed regional market performance and ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Thursday.

Bursa Malaysia In Negative Territory At Midday

By Zufazlin Baharuddin

KUALA LUMPUR, Sept 2 (Bernama) -- Bursa Malaysia was in negative territory at midday amid lacklustre trading despite most regional markets performing positively.