Two Companies From Melaka Preparing For Bursa Malaysia Listing - Ab Rauf

MELAKA, Aug 8 (Bernama) – Two state government-linked companies in Melaka are preparing to be listed on Bursa Malaysia, said Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.

KLCI Futures Likely To Trade Within 1,720-1,750 Range Next Week

By Engku Shariful Azni Engku Ab Latif & Karina Imran

KUALA LUMPUR, Aug 8 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias within 1,720-1,750 range next week, said an analyst.

Gold Futures Expected To Hover Around US$4,250-US$4,350 Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to extend their gains next week, supported by firmer spot gold prices, which are projected to hit between US$4,250 and US$4,350 per troy ounce, while also tracking COMEX gold performance.

CPO Futures To Trade With Profit-taking Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a profit-taking bias next week as the war between the United States (US) and Iran appears to be cooling.

Bursa Malaysia Seen Trading With An Upward Bias Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia is expected to trade with an upward bias as investors continue to assess external geopolitical developments and resilient domestic economic conditions, said an analyst. 

CPO Futures End Mixed Ahead Of MPOB July Report

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 7 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed mixed on Friday as traders locked in profits ahead of the weekend and the release of the Malaysian Palm Oil Board’s (MPOB) July supply and demand report on August 10.

SC Approves IOI Properties REIT For Main Market Listing

KUALA LUMPUR, Aug 7 (Bernama) -- IOI Properties Group Bhd (IOIPG) has received the Securities Commission Malaysia’s (SC) approval for the establishment and proposed listing of IOIPG Malaysia Real Estate Investment Trust (IOIPG REIT) on Bursa Malaysia’s Main Market.

Gold Futures Rally Ahead of US NFP Data Release

KUALA LUMPUR, Aug 7 (Bernama) -- Gold futures on Bursa Malaysia Derivatives continued to rally ahead of the release of the United States’ July non-farm payrolls (NFP) data later today, which will influence the Federal Reserve rate increase expectations for September, analysts said.

Nuenergy Secures RM44.5 Mln Data Centre-related Job In Johor

KUALA LUMPUR, Aug 7 (Bernama) -- Nuenergy Holdings Bhd (NHB) has accepted a letter of award (LoA) worth RM44.5 million from a construction and engineering company in China to undertake mechanical, electrical and plumbing works for the development of a consumer landing station building for a data centre in Johor.

MRCB's Indirect Unit To Dispose Of 14.83-hectare Land In Cyberjaya For RM419.05 Mln

KUALA LUMPUR, Aug 7 (Bernama) -- Malaysian Resources Corporation Bhd’s indirect wholly owned subsidiary, Subang Sentral Sdn Bhd, is disposing of 14.83 hectares of land in Cyberjaya, Selangor, to Digital Cosmos (S) Pte Ltd’s wholly owned subsidiary, Digital Cosmos Malaysia Sdn Bhd, for RM419.05 million.

KLCI Futures End Lower

KUALA LUMPUR, Aug 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower on Friday.

Bursa Malaysia Ends Week On Softer Note

By Karina Imran

KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia finished the week on a softer note, weighed down by profit-taking after the recent rally, in line with cautious sentiment across regional markets, said an analyst.