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.

Rubber Market Seen Range-bound Next Week On Geopolitical Uncertainty, Tariff Talks

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 8 (Bernama) -- The Malaysian rubber market is expected to remain range-bound next week as geopolitical uncertainty and renewed tariff discussions weigh on global buying interest.

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.

Ringgit To Remain Range-bound At 4.07-4.09 Against US Dollar Next Week

KUALA LUMPUR, Aug 8 (Bernama) -- The ringgit is expected to remain range-bound against the US dollar next week, trading between RM4.07 and RM4.09 as investors stay cautious over the direction of the United States interest rates, an analyst said.

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.

Malaysia's Economy Stays Resilient Despite Global Uncertainty - Amir Hamzah

PUTRAJAYA, Aug 7 (Bernama) -- The Malaysian economy remains resilient by recording encouraging growth despite facing global economic uncertainty and geopolitical conflicts, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

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.

DPS Resources Unit Inks MoU With Hangyue For Melaka Data Centre Colocation

KUALA LUMPUR, Aug 7 (Bernama) -- DPS Resources Bhd’s wholly-owned subsidiary, Shantawood Sdn Bhd, has inked a memorandum of understanding (MoU) with Hangyue Intelligent Electrical Co. Ltd to establish a long-term strategic partnership in digital energy infrastructure, data centres, industrial development and related projects in Malaysia.