CPO Futures End Mixed As Market Consolidates After MPOB Data Release

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Nov 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mixed on Tuesday, recovering from two weeks of heavy selling amid signs of market consolidation following the release of the Malaysian Palm Oil Board’s (MPOB) October data.

Gold Futures Close Higher On Safe-haven Demand

KUALA LUMPUR, Nov 10 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by safe-haven demand despite weaker performance on the US Commodity Exchange (COMEX).

Bursa Malaysia Ends Lower As Banking, Data Centre Heavyweights Weigh On Sentiment

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia ended lower on Tuesday with the key index closing just above the psychological 1,600 level as selling pressure in banking and data-centre-related heavyweights weighed on market sentiment, said an analyst.

Favelle Favco Bags RM83.7 Mln Tower Crane Supply Contract

KUALA LUMPUR, Nov 10 (Bernama) -- Favelle Favco Bhd’s (FFB) Australia-based subsidiary, Favelle Favco Cranes Pty Ltd, has secured purchase orders and letters of intent worth a combined RM83.7 million to supply tower cranes.

Yinson Clarifies It Has Not Accepted RM2.50 Privatisation Proposal

KUALA LUMPUR, Nov 10 (Bernama) -- Yinson Holdings Bhd has clarified that it has not accepted the proposed privatisation scheme or the terms of the proposal letter involving its major shareholders' plan to privatise the company at RM2.50 per share.

Bursa Malaysia Extends Losses At Midday In Contrast With Regional Peers

KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia continued its downward trend at midday on Tuesday despite positive sentiment among regional peers.

Malaysia Among Three Asian Markets With Net Foreign Inflows, Attracts US$381.3 Mln

KUALA LUMPUR, Nov 10 (Bernama) -- Foreign institutions extended their net buying streak to two consecutive weeks on Bursa Malaysia, recording net inflows of US$381.3 million (US$1=RM4.05), according to MBSB Investment Bank Bhd (MBSB IB).

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Nov 10 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were lower in early trading today.

Bursa Malaysia's Key Index Opens Lower Despite Positive Sentiment On Wall Street

By Zufazlin Baharuddin

KUALA LUMPUR, Nov 10 (Bernama) -- Bursa Malaysia’s key index opened lower on Tuesday after a long weekend break for the Deepavali holiday despite positive sentiment on Wall Street overnight.

Scicom Eyes International Expansion With Self-funding GovTech Border Infrastructure Model

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Nov 9 (Bernama) -- Scicom (MSC) Bhd is accelerating its international government technology (GovTech) expansion, leveraging a public-private financing model designed to help sovereign governments modernise border security without heavy upfront capital expenditure.

Bursa Malaysia Expected To Trade Within 1,600-1,630 Range Next Week

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia is expected to trade within the 1,600-1,630 range next week, with selective accumulation likely to provide support at lower levels, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng.

CPO Futures Expected To Trade Cautiously Next Week Ahead Of MPOB Report

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Nov 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade cautiously next week as market players await the Malaysian Palm Oil Board’s (MPOB) October palm oil supply and demand report scheduled for release on Nov 10.