CPO Futures Snap Five-day Losing Streak To Close Mostly Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a five-day losing streak to end mostly higher on Thursday, as market sentiment improved following India’s decision to cut import duties on crude and refined vegetable oils, coupled with stronger crude oil prices.

Budget 2027 Likely To Focus On Boosting Consumption, Broad-based Growth - Economist

KUALA LUMPUR, Sept 24 (Bernama) -- The upcoming Budget 2027 is likely to prioritise measures to boost private consumption and cushion the economy from external shocks amid underwhelming domestic demand in the first half of this year, said an economist. 

Extensive Rail Networks, Higher Renewable Capacity Can Cushion Malaysia Against Oil Shocks -- Tengku Muhammad Fa-iz Petra

KUALA LUMPUR, Sept 24 (Bernama) -- Building comprehensive rail networks and increasing utility-scale renewable capacity could be a long-term solution to reduce Malaysia’s exposure to external energy shocks, according to Dr Tengku Muhammad Fa-Iz Petra ibni Almarhum Sultan Ismail Petra.

Bursa Malaysia Ends Lower On Rising Oil Prices, Elevated Bond Yields

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 24 (Bernama) -- Bursa Malaysia ended lower on Thursday, weighed down by moderate selling pressure interspersed with buying activity as renewed hikes in oil prices and elevated global bond yields dampened investor sentiment, said an analyst.

Rubber Market Maintains Upward Trend To Track Regional Gains

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 24 (Bernama) -- The Kuala Lumpur rubber market remained on an upward trend, closing higher on Thursday, tracking gains in regional rubber futures, said a dealer.

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.

Bursa Malaysia Ends Lower On Profit-taking, Weaker Sentiment Towards Petrochemical Stocks

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia closed lower on Wednesday, weighed down by profit-taking in selected heavyweights and weaker sentiment towards petrochemical stocks as oil prices continued to slide, said an analyst.

Bursa Malaysia Opens Lower As Investors Take Profits Amid US-Iran Talks

KUALA LUMPUR, Sept 23 (Bernama) -- Bursa Malaysia opened lower on Wednesday as investors took profits in selected heavyweights, paring recent gains amid ongoing United States-Iran talks.

Ringgit Opens Higher Against US Dollar As Oil Prices Ease

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Wednesday, supported by easing Brent crude oil prices and geopolitical concerns.

CPO Futures Extend Losses Amid Weaker Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 22 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended losses to close lower on Tuesday, as lower crude oil prices weighed down market sentiment.

Bursa Malaysia Opens Higher On Bargain Hunting, Retreats Thereafter

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia opened higher on Tuesday but retreated thereafter,  supported by bargain hunting as easing tensions in West Asia helped lift sentiment and pushed Brent crude oil prices lower.

Ringgit Opens Higher Against US Dollar, Major Currencies On Improved Sentiment

KUALA LUMPUR, Sept 22 (Bernama) -- The ringgit opened slightly higher against the US dollar and a basket of major currencies on Tuesday, supported by improved market sentiment amid easing global oil prices and geopolitical developments.