FBM KLCI Futures Open Lower On Tuesday

KUALA LUMPUR, Sept 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened lower on Tuesday.

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.

CPO Futures End Lower Tracking Weaker Soybean Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 21 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, tracking weaker soybean oil futures on the Chicago Mercantile Exchange (CME).

Dialog Secures Development Approval From Petronas For Raja Cluster Small Field Asset

KUALA LUMPUR, Sept 21 (Bernama) -- Dialog Group Bhd today has reached a final investment decision (FID) amounting to US$81 million and secured approval for the field development and abandonment plan (FDAP) for the RAJA Cluster Small Field Asset from Petroliam Nasional Bhd (Petronas).

KLCI Futures End Higher Tracking Underlying Cash Market

KUALA LUMPUR, Sept 21 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Monday in line with the underlying cash market’s performance.

Gold Futures Close Lower On US Interest Rate Uncertainty

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Monday as uncertainty over the US Federal Reserve's (Fed) interest rate outlook weighed on the precious metal.

Pekat Group Unit Signs RM54.5 Mln Conditional Land Lease For RE Activities

KUALA LUMPUR, Sept 21 (Bernama) -- Pekat Group Bhd’s wholly-owned subsidiary, Pekat Teknologi Sdn Bhd (PTSB), has entered into a conditional agreement to lease 190.20 hectares of land in Mukim Sungai Petani, Kedah, for an aggregate rental estimated at RM54.5 million over a 24-year lease term.

Kelington, Tata Electronics Collaborate To Accelerate Operational Readiness Of Dholera Fab 

KUALA LUMPUR, Sept 21 (Bernama) -- Integrated engineering solutions provider Kelington Group Bhd has signed a memorandum of understanding (MoU) with India's electronics and semiconductor manufacturing sector pioneer Tata Electronics to collaborate on accelerating operational readiness of Tata's fabrication facility (Fab) in Dholera, Gujarat. 

Southern Score Subsidiary Wins RM40 Mln Nilai Data Centre Subcontract

KUALA LUMPUR, Sept 21 (Bernama) -- Southern Score Builders Bhd’s 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd (SJEE), has secured a RM40 million subcontract from a local construction company for electrical works at a data centre project in Nilai, Negeri Sembilan.

Kenanga IB: Budget 2027 Should Support Growth, Maintain Fiscal Consolidation

KUALA LUMPUR, Sept 21 (Bernama) -- Budget 2027 should keep expenditure policy growth-supportive while preserving gradual fiscal consolidation, said Kenanga Investment Bank Bhd (Kenanga IB).

Ringgit Ends Higher Against US Dollar On Improved Market Sentiment

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit closed higher against the United States dollar on Monday amid improved market sentiment as oil prices fell following fresh momentum for US-Iran talks.