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CPO futures expected to trade lower next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives will likely trade on a weaker trend next week tracking the cautious global market sentiment and following the holiday shortened-week, said a trader on Saturday (May 23).
CPO futures expected to trade lower next week
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives will likely trade on a weaker trend next week tracking the cautious global market sentiment and following the holiday shortened-week, said a trader.
Isolating Indonesia palm workers to spend Aidilfitri holiday on plantation
SINGAPORE/JAKARTA: Thousands of Indonesian palm oil workers who are in lockdown on plantations due to the Covid-19 (coronavirus) outbreak will have to stay put for Aidilfitri celebrations this weekend, rather than go home to celebrate the end of Ramadan with their families on Sunday (May 24).
KLCI slumps on US-China tensions, HK tumbles
KUALA LUMPUR: Key Asian markets closed in the red on Friday, with Bursa Malaysia not spared, following the rising US-China tensions while Hong Kong's Hang Seng Index tumbled more than 5% on a new security law proposal.
Sime Darby Plantation 1Q net profit jumps to RM394m
KUALA LUMPUR: Sime Darby Plantation Bhd's net profit surged by 337% to RM394mil for its continuing operations in the first quarter ended March 31,2020 compared with RM90mil a year ago.
The week that was - Stocks enjoy busiest day ever
THE trading volume on Bursa Malaysia reached a new climax on Monday with a record 11.21 billion units of securities changed hands.
Small oil palm farmers face survival crisis in risk to future output
KUALA LUMPUR: When Shell engineer Incham Serdin quit his job four years ago to start a small palm plantation in his native Malaysia, prices of the fleshy fruit bunches used to make the world's most-consumed vegetable oil were bubbling near their peak
Rotational play, buoyant mood continue on Bursa
PETALING JAYA: The rotational play and buoyant mood continued on Bursa Malaysia as investors reacted to selected positive earnings results and traders swapped sectors from construction back to technology and healthcare