Search | The Star Online

ADVERTISEMENT

Search


You have searched for "palm oil"

Showing 1-10 of 9990

Sort by: Newest | Oldest | Relevance


Petronas Gas, Genting stocks close lower, tech stocks advance

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.

Malaysian palm oil/Vegoils: Market factors to watch Thursday Sept 21

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Thursday Sept 21.

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 (CBOT).

CIMB Research sees KLCI year-end target at 1,790

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.

Potential catalysts for KLCI could include stronger-than-expected corporate earnings and/or strong foreign funds inflows

Malaysian palm oil price up on overnight soyoil strength, stronger exports

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..

The benchmark palm oil contract for December delivery  on the Bursa Malaysia Derivatives Exchange rose 0.1 percent to 2,770 ringgit a tonne at the end of the trading day

Hibiscus leads penny oil stocks up

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.

FBM KLCI in the red, CIMB weighs

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.

Malaysian palm oil/Vegoils: Market factors to watch Wednesday Sept 20

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Wednesday Sept 20.

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.

Malaysian palm oil price hits one-week low on technical drop

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..

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange fell 1.4 percent to 2,767 ringgit ($660.38) a tonne at the closing trade, its sharpest daily drop in a month and a half.  It earlier fell to an intra-day low of 2,766 ringgit, its lowest since Sept. 11

Bunge unit issues US$1bil debt notes to buy stake in IOI Loders

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.

Last week, IOI Corp announced the proposed disposal of a 70% controlling stake in its Netherlands-based palm oil refinery Loders for RM3.94bil to Bunge while retaining a 30% stake in Loders.

Rescue teams continue search for missing men

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.

Fire and Rescue Department intensifying search for a missing ship worker at Pantai Belawai, Sarikei. — Photo courtesy of Fire and Rescue Department

ADVERTISEMENT