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KUALA LUMPUR: Selling pressure on Petronas Gas, Genting Bhd and Genting Malaysia pushed the FBM KLCI further into the red on Thursday ahead of the extended weekend.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 21.
KUALA LUMPUR: The Malaysian equities market is likely to remain range-bound as it awaits new catalysts and CIMB Equities Research is maintaining its end-2017 FBM KLCI target of 1,790.
KUALA LUMPUR: Malaysian palm oil futures rose for the first time in five sessions on Wednesday, supported by rising export demand and strength in soyoil on the Chicago Board of Trade..
KUALA LUMPUR: Hibiscus Petroleum led penny oil and gas stocks higher in active trade on Wednesday, riding on fresh corporate news and the oil price rally, which was near its largest third-quarter gain in 13 years.
KUALA LUMPUR: CIMB was among the heavyweights that pulled the local market into the red in Wednesday morning trade as news surfaced that Mitsubishi UFJ Financial Group was divesting its entire 4.56% stake in the banking group.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Sept 20.
KUALA LUMPUR: Malaysian palm oil futures fell to their lowest in a week on Tuesday evening, a fourth straight session of falls, due to a technical correction and traders' expectations that export demand will cool towards the end of the month..
PETALING JAYA: Bunge Ltd’s unit, Bunge Limited Finance Corp, has issued US$1bil of debt notes for the purchase of a 70% ownership interest in IOI Loders Croklaan Group BV from IOI Corp Bhd.
MIRI: Sarawak Fire and Rescue Department is carrying out search and rescue operations in two separate locations in the central region of the state to find two men believed to have drowned in separate incidents.