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Economy
MBSB IB Retains RM4,400 CPO Price Target For 2026 As El Niño Threat Looms
KUALA LUMPUR, Sept 24 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) is maintaining its projection for the average crude palm oil (CPO) price at RM4,400 per tonne for 2026, supported by concerns over tightening supply as hotspots surge across the region.
Market
Bursa Malaysia Key Index Rebounds To End Slightly Higher At Midday
By Fatin Umairah Abdul Hamid
FBM KLCI Futures Open Lower On Thursday
KUALA LUMPUR, Sept 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Thursday.
Bursa Malaysia Opens Lower On Wall Street Weakness, Hawkish Fed Remarks
KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia opened lower on Thursday, tracking weaker Wall Street performance amid rising US Treasury yields and hawkish remarks from US Federal Reserve (Fed) officials.
Ringgit Opens Higher Against Major Currencies, Lower Vs US Dollar
KUALA LUMPUR, Sept 24 (Bernama) -- The ringgit opened higher against major currencies but edged lower against the US dollar on Thursday, as stronger US economic data and expectations of further interest rate hikes by the US Federal Reserve (Fed) supported the greenback.
Corporate
EcoWorld Posts Higher Net Profit Of RM112.16 Mln In 3Q
KUALA LUMPUR, Sept 24 (Bernama) -- Eco World Development Group Bhd posted a higher net profit of RM112.16 million for the third quarter ended July 31, 2026 (3Q 2026), compared with RM101.17 million in the same quarter last year.
Petronas Upstream Investments Support Malaysia O&G Outlook - RHB IB
KUALA LUMPUR, Sept 24 (Bernama) -- RHB Investment Bank (RHB IB) has maintained its 'overweight' call on Malaysia’s oil and gas (O&G) sector, with Petroliam Nasional Bhd’s (Petronas) continued growth in upstream investments reinforcing its positive outlook.
Destini Shares Up After Its Unit Inks MoU With Siemens Mobility
KUALA LUMPUR, Sept 24 (Bernama) -- Destini Bhd was traded higher in the early session today after its announcement that its unit, M Rail Technics Sdn Bhd (Railtec), has entered into a memorandum of understanding with Siemens Mobility Sdn Bhd to advance digital railway maintenance, repair and overhaul (MRO) capabilities in Malaysia.