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KUALA LUMPUR: Bursa Malaysia’s crude palm oil futures (FCPO) has continued to achieve new highs this year, Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar said.
KUALA LUMPUR: The Armed Forces Fund Board (LTAT) has received the approval from the Securities Commission Malaysia (SC) for a further extension of time until Feb 2, 2021 to announce its firm intention on the proposed privatisation of its most prized possession, Boustead Holdings Bhd (BHB).
KUALA LUMPUR: Hartalega Holdings Bhd's net profit jumped 424% to RM544.96mil in the second quarter ended Sept 30,2020 from RM103.86mil a year ago, riding on the surge in demand due to the on-goining Covid-19 pandemic.
KUALA LUMPUR: Fitch Solutions raised its average crude palm oil (CPO) price forecast for 2020 to RM2,580 a tonne from RM2,450 previously, with expectations of elevated prices for the rest of the year.
KUALA LUMPUR: The ringgit rebounded to open slightly higher against the US dollar today on renewed demand as the oil price rose, said a dealer.
KUALA LUMPUR: JF Technology Bhd's share price fell 6.5% in morning trade with the onset of profit-taking as the counter resumed trading after a one-day suspension.
KUALA LUMPUR: Bursa Malaysia started Tuesday on a weak note after the overnight slide on Wall Street as the Covid-19 cases in the US and Europe continued to climb.
KUALA LUMPUR: Econframe made a firm debut on the ACE Market on Tuesday at 34 sen, or 6.5 sen above its offer price of 28 sen amid a weaker broader market.
KUALA LUMPUR: The Malaysian Communication and Multimedia Commission's (MCMC) two-year moratorium on the issuance of new courier service licences is mildly positive for existing courier service players, including Pos Malaysia, says AmInvestment Bank research.
KUALA LUMPUR: Econframe, GDB, JF Tech, Pharmaniaga and Paragon Union are among the stocks to watch on Tuesday, JF Apex Research said.