Bursa Malaysia Expected To Trade In Tight Range Between 1,600 And 1,610 Next Week

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 23 (Bernama) -- Bursa Malaysia is anticipated to trade within a tight range of 1,600 to 1,610 next week, with 1,600 remaining a key psychological and technical threshold, reflecting Malaysia’s resilient economic backdrop.

CPO Futures Set To Trade With Bullish Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 23 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with a bullish bias next week, driven by potential bargain-buying activity after the recent selldown, a dealer said.

Gold Futures Likely To Remain In Uptrend Next Week

KUALA LUMPUR, Nov 23 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to sustain its upward momentum next week amid the ongoing Russia-Ukraine conflict, said an analyst.

Icon Offshore Secures Four Key Agreements To Drive Portfolio Growth And Expansion

KUALA LUMPUR, Nov 22 (Bernama) -- Offshore support vessel (OSV) company Icon Offshore Bhd has signed four conditional share sale and purchase agreements (SSPAs) with various vendors for proposed acquisitions.

Negeri Sembilan Tables Budget 2025 Totalling RM590 Million -- MB Aminuddin

SEREMBAN, Nov 22 (Bernama) -- The Negeri Sembilan government today tabled a balanced budget for 2025 with a projected revenue totalling RM590.0 million and an equivalent estimated operating expenditure,  including a development budget allocation of RM135 million.

H2O.ai Launches Industry's First Multi-agent Gen AI Platform

KUALA LUMPUR, Nov 22 (Bernama) -- H2O.ai, the leader in open-source generative artificial intelligence (Gen AI) and the most accurate predictive AI platforms, has announced the industry-first convergence of predictive AI and Gen AI in its enterprise h2oGPTe platform.

Bursa Malaysia Reverses Early Losses To End Higher

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 22 (Bernama) -- Bursa Malaysia recouped earlier losses to close marginally higher on Friday, buoyed by persistent buying in selected heavyweights led by Tenaga Nasional, amid the mostly upbeat performance in regional bourses.

Rubber Market Closes Mixed, Tracking Regional Futures Markets

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Nov 22 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, dragged down by a downtrend in the regional rubber futures market, a dealer said.

BNM's International Reserves Rise To US$118.0 Bln As At Nov 15, 2024

KUALA LUMPUR, Nov 22 (Bernama) -- Malaysia’s international reserves rose to US$118.0 billion (US$1=RM4.46) as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.

Bumi Armada Profit Rises 19 Pct To RM211.33 Mln In 3Q

KUALA LUMPUR, Nov 22 (Bernama) -- Bumi Armada Bhd’s net profit increased by 19 per cent to RM211.33 million in the third quarter ended Sept 30, 2024 (3Q FY2024) from RM177.77 million in the same period last year.

Outlook For DUAE Segment Remains Positive Despite Capacity Challenges, Says AM Best

KUALA LUMPUR, NOV 22 (Bernama) -- Global credit rating agency, AM Best has maintained its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth.

Guangdong Bolsters Greater Bay Area's Creative Sector Via Cultural Finance

KUALA LUMPUR, Nov 22 (Bernama) -- The 2024 Guangdong-Hong Kong-Macao Greater Bay Area Cultural Industry Investment Conference convened in Guangzhou from Nov 20 to 22, bringing together representatives from financial institutions, industry associations, investment firms, listed companies, and cultural technology enterprises.