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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to experience a technical correction ahead of data to be released by the Malaysian Palm Oil Board (MPOB) next week.
KUALA LUMPUR: JF Apex Research expects Grand Hoover Bhd, Hubline Bhd, Aeon Credit Service (M) Bhd, Vortex Consolidated Bhd and LB Aluminium Bhd to be among the stocks to watch on Wednesday.
KUALA LUMPUR (Bernama) -- Aeon Credit Service (M) Bhd's net profit rose to RM163.09 million in the first quarter of the financial year 2022 ended May 31, 2021 (Q1 2022), from RM26.28 million posted in the same quarter last year.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade with upward bias next week, tracking the strong sentiment in the Chicago bean oil market as well as the prospect of better performance.
OIL prices have risen above the long-term average, once adjusted for inflation, and are likely to encounter increasing resistance from consumers if they continue to climb.
BEIJING: Luen Thai Group Ltd, the Hong Kong-headquartered family-owned conglomerate with vast business interests in the Asia-Pacific region, will continue to increase its investments in the Chinese mainland, given emerging opportunities in the form of the dual-circulation development pattern and the Regional Comprehensive Economic Partnership (RCEP).