25d ago
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed mostly higher today, supported by firmer soybean oil prices and improved sentiment driven by recent strong export performance.
25d ago
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 20 (Bernama) -- The Malaysian rubber market ended lower today in tandem with the downtrend in the regional rubber futures markets, a dealer said.
25d ago
KUALA LUMPUR, June 20 (Bernama) -- Rakuten Trade Sdn Bhd has revised its year-end target for the FTSE Bursa Malaysia KLCI (FBM KLCI) to 1,630 from its earlier projection of 1,730, in line with the recent downgrades in corporate earnings, said its head of research Kenny Yee Shen Pin.
26d ago
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended mostly higher today, with ongoing tensions between Israel and Iran contributing to market volatility, particularly in the oil and energy sectors.
26d ago
By Abdul Hamid A Rahman and K Naveen Prabu
KUALA LUMPUR, June 19 (Bernama) -- The Malaysian rubber market ended mixed today, influenced by the downtrend in regional rubber futures markets, a dealer said.
27d ago
By Fatin Umairah Abdul Hamid and K Naveen Prabu
KUALA LUMPUR, June 18 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Wednesday, supported by stronger soybean oil prices on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.
27d ago
By Fatin Umairah Abdul Hamid and K Naveen Prabu
KUALA LUMPUR, June 18 (Bernama) -- The Kuala Lumpur rubber market ended higher on Wednesday, in tandem with regional rubber futures markets and a weaker ringgit against the United States (US) dollar, a dealer said.
27d ago
KUALA LUMPUR, June 18 (Bernama) -- There is no global energy disruption so far, but industries will continue to closely monitor price developments, said S&P Global vice-chairman Daniel Yergin.
27d ago
KUALA LUMPUR, June 18 (Bernama) -- The Iran-Israel conflict poses limited direct economic risk to Malaysia, given the country’s minimal trade exposure to the region and historical evidence that oil price surges linked to conflicts tend to be short-lived, according to CIMB Securities Sdn Bhd.
28d ago
By Abdul Hamid A Rahman & K Naveen Prabu
KUALA LUMPUR, June 17 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, dragged by weaker soybean oil price on the Chicago Board of Trade.
28d ago
KUALA LUMPUR, June 17 (Bernama) -- Malaysia’s palm oil production rose 5.05 per cent month-on-month in May to 1.77 million tonnes, marking the highest output recorded for the month since 2015, according to the Malaysian Palm Oil Council (MPOC).
28d ago
By K Naveen Prabu
KUALA LUMPUR, June 17 (Bernama) -- The Kuala Lumpur rubber market closed mixed today amid concerns over global economic stability following the continued escalation in the Middle East.