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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to continue its downtrend next week due to profit taking amid concerns over higher production.
AFTER months of speculation, it is out in the open. Tan Sri Syed Mokhtar Albukhary has made clear his interest to acquire a major stake in FGV Holdings Bhd.
KUALA LUMPUR: Plantations fell in Friday afternoon trade, with PPB Group, KL Kepong and IOI Corp among the top losers though crud epalm oil (CPO) for third month delivery held steady.
PETALING JAYA: Planters are expected to post stronger third-quarter results for the financial year 2020 (FY20), thanks to the rally in crude palm oil (CPO) prices and higher production, say analysts.
PETALING JAYA: The uptrend in the crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives continued for the seventh consecutive day yesterday, backed by positive market sentiment.
PETALING JAYA: Planters are seeking a full review of the current palm oil windfall profit tax (WPT) and its export duty under Budget 2021.
KUALA LUMPUR: Malaysia's crude palm oil (CPO) stocks increased by 0.40 per cent to 934,710 tonnes in September from 930,990 tonnes in the preceding month, the Malaysian Palm Oil Board (MPOB) said in its report on the industry’s performance for the month of September.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, buoyed by expectations of stronger demand from India ahead of the Deepavali festival.
KUALA LUMPUR: Bursa Malaysia closed higher on Friday, aided by buying of Hartalega, banks, Tenaga Nasional and Sime Plantation, as investor sentiment perked up in the afternoon session.