MNRB To Divest Takaful Ikhlas Units To Bank Rakyat’s Subsidiary For RM1.64 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.

Gold Futures End Slightly Lower

KUALA LUMPUR, Aug 4 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended slightly lower today due to profit-taking, despite gains on the US Commodity Exchange (COMEX).

KLCI Futures End Higher

KUALA LUMPUR, Aug 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Tuesday.

Healthcare, Financial Services Lift Bursa Malaysia Higher At The Close

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.

Bursa Malaysia Stays Higher At Mid-Afternoon

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia remained higher at mid-afternoon, in line with most regional markets although sentiment stayed cautious amid ongoing West Asia conflict.

Malaysia Needs To Look Beyond Data Centres To Attract Global Capital

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs to move beyond data centres and nurture larger listed technology companies to attract global portfolio investment, said Principal Asset Management Bhd chief executive officer Munirah Khairuddin.

GFM Services Bags RM83.1 Mln Release Orders For Works At Pengerang Integrated Complex

KUALA LUMPUR, Aug 4 (Bernama) -- GFM Services Bhd’s energy division has secured additional release orders totalling RM83.1 million for major turnaround work packages at the Pengerang Integrated Complex (PIC) in Johor.

Bursa Malaysia Higher At Midday, Tracking Wall Street's Cues

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia was higher at midday, tracking overnight gains on Wall Street amid geopolitical uncertainties.

Bursa Malaysia Higher At Mid-Morning

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia stayed higher on mid-morning with buying interspersed with selling in selected heavyweights, as investors remained cautious amid lingering geopolitical uncertainties.

KLCI Futures Open Mostly Lower

KUALA LUMPUR, Aug 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were mostly lower in early trade on Tuesday.

Bursa Malaysia Opens Higher, Retreats Amid Cautious Sentiment

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia opened higher on Tuesday but subsequently retreated as investors remained cautious amid persistent uncertainties in global markets, an analyst said.

CPO Futures End Lower On Weaker Soybean, Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 3 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Monday, tracking weaker soybean oil and crude oil prices amid de-escalation in the West Asia conflict.