CPO Futures End Lower On Stronger Ringgit, High Stock Levels

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Feb 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today on concern over the stronger ringgit against the US dollar, which will affect the demand for the commodity in the near term, a trader said.

Bursa Malaysia Opens Higher As It Tracks Wall St Gains

KUALA LUMPUR, Feb 3 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking Wall Street’s overnight gains as bargain-hunting activities emerged following the previous week’s sharp selloff.

Ringgit's Appreciation 'Not Unexpected' As Malaysia's Economy Gets Stronger

SIBU, Feb 2 (Bernama) -- The recent appreciation of the ringgit against the US dollar is “not unexpected,” as Malaysia’s economy continues to strengthen, driven by infrastructure development, rising tourism arrivals and better prices of commodities and electrical and electronics (E&E) products.

Bursa Malaysia Rebounds To Open Higher On Improved Sentiment

KUALA LUMPUR, Jan 30 (Bernama) -- Bursa Malaysia rebounded to open higher on Friday as market sentiment improved after the exchange clarified that Morgan Stanley Capital International’s (MSCI) recent action was specific to Indonesia, with no similar concerns expected for Malaysia.

Bursa Malaysia: Disclosure Standards Strong, Low Free-float IPOs Clear Of MSCI Concerns

KUALA LUMPUR, Jan 29 (Bernama) -- Bursa Malaysia Bhd’s disclosure and transparency standards remain strong, and the initial public offerings (IPOs) with a free float below 25 per cent have not raised material concerns for Morgan Stanley Capital International (MSCI), said chief executive officer Datuk Fad’l Mohamed.

GWM Strengthens Local Automotive Commitment With Launch Of CKD WEY G9

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Jan 29 (Bernama) --  Great Wall Motor (GWM) Malaysia has strengthened its long-term commitment to the country’s automotive industry with the launch of its latest model, the locally assembled (CKD) WEY G9 Hi4 PHEV (WEY G9), aimed at supporting technology transfer within the new energy vehicle segment.

Rubber Market Ends Higher On Regional Futures Strength, Fed Rate Hold

By K. Naveen Prabu

KUALA LUMPUR, Jan 29 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by an uptrend in the regional rubber futures market, said a dealer.

Rubber Market Ends Higher On Supply Tightness Concerns, Firmer Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, Jan 28 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by greater expectation of supply tightness, said a dealer.

Ringgit Stages Comeback, Among Asia’s Best Performers, Says World Bank Economist

KUALA LUMPUR, Jan 28 (Bernama) -- The ringgit has staged a strong comeback, rising from around the 4.70 level against the US dollar a few years ago to the 3.90 level currently, making it one of Asia’s best-performing currencies, said World Bank lead economist for Malaysia Apurva Sanghi.

Bursa Malaysia Extends Rally To Fresh Multi-year High, CI Up 1.55 Pct

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia’s benchmark index extended its rally to close at an intraday high of 1,771.25, marking a fresh multi-year high, supported by strong and sustained buying interest in blue-chip stocks.

Rubber Market Ends Lower On Weaker Regional Futures, Falling Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, Jan 27 (Bernama) -- The Kuala Lumpur rubber market ended lower today, tracking the downward movement in regional rubber futures and benchmark crude oil, said a dealer.

New Labuan Power Plant To Strengthen Energy Security, Boost Investor Confidence - DPM Fadillah

LABUAN, Jan 27 (Bernama) -- The 120-megawatt Rancha power plant is expected to significantly strengthen Labuan’s power supply reliability, resolve longstanding electricity disruptions and enhance the island’s attractiveness as an investment destination, said Deputy Prime Minister Datuk Seri Fadillah Yusof.