Alam Maritim Group CEO Azmi Ahmad Remanded To Assist MACC Probe

KUALA LUMPUR, Aug 17 (Bernama) -- Alam Maritim Resources Bhd today announced that its group managing director and group chief executive officer Datuk Azmi Ahmad is under remand to facilitate an ongoing investigation by the Malaysian Anti-Corruption Commission (MACC).

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia remained higher at midday, supported by buying interest in selected heavyweights, particularly in the telecommunications and media, utilities, and industrial products sectors.

RM158.4 Mln Net Inflows From Transportation, Telecommunications, Energy Sectors - MBSB IB

KUALA LUMPUR, Aug 17 (Bernama) -- Transportation and logistics, telecommunication and media as well as energy sectors have attracted a combined net inflow of RM158.4 million into Bursa Malaysia last week, according to MBSB Investment Bank Bhd (MBSB IB).

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, Aug 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Monday.

Bursa Malaysia Opens Lower On Profit-Taking

KUALA LUMPUR, Aug 17 (Bernama) -- Bursa Malaysia opened lower on Monday as profit-taking emerged following a decent run-up in previous sessions.

KLCI Futures Seen Trading With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman

KUALA LUMPUR, Aug 15 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias next week, within a relatively narrow range, in line with the cash market, an analyst said.

Gold Futures Likely To Hover Around US$4,345-US$4,375 Next Week

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are anticipated to fluctuate between US$4,345 and US$4,375 per troy ounce next week.

CPO Futures Likely To Stay Firm Next Week On Tighter Supply Expectations

By K. Naveen Prabu

KUALA LUMPUR, Aug 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are likely to remain supported next week as the market continues to price in expectations of tighter supply from November onwards.

Bursa Malaysia Seen Trading In Narrow Range Next Week But With Upside Bias

By Engku Shariful Azni Engku Ab Latif & Abdul Hamid A Rahman

KUALA LUMPUR, Aug 15 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week but within the narrow range of 1,740-1,750 points.

CPO Futures End Mixed On Profit-taking, Vege Oil Gains

By K. Naveen Prabu

KUALA LUMPUR, Aug 14 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended mixed on Friday as weekend profit-taking offset support from stronger related vegetable oil futures.

Gold Futures End Lower For Two Consecutive Days

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 14 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower for the second consecutive day as investors digested United States economic data.

Resintech Subsidiary Secures RM41 Mln Financing For Hostel, Retail Development

KUALA LUMPUR, Aug 14 (Bernama) -- Resintech Bhd's 55 per cent-owned subsidiary, Johan Panglima (M) Sdn Bhd, has secured Commodity Murabahah term financing facilities totalling RM41 million from Alliance Islamic Bank Bhd to redeem land and part-finance a hostel and retail development in Selangor.