Bursa Malaysia Ends Lower On Profit-taking
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst.
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Kuala Lumpur Rubber Market Ends Mixed Amid Firmer Regional Rubber Futures
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Aug 6 (Bernama) -- The Kuala Lumpur rubber market continued to end mixed on Thursday, supported by gains in regional rubber futures, firmer crude oil prices and positive economic indicators, said a dealer.
Bursa Malaysia Trims Early Gains On Profit-taking
KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia opened higher on Thursday but edged into negative territory in early trade as investors locked in profits after recent gains, an analyst said.
Gold Futures Close Higher, Tracking US COMEX Gains
KUALA LUMPUR, Aug 5 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed higher on Wednesday, tracking the higher gold prices in the US Commodity Exchange (COMEX).
BAC To Invest US$150 Mln In Nilai Manufacturing Facility
NILAI, Aug 5 (Bernama) -- Sustainable cooling and heat rejection solutions company BAC has begun construction of its new manufacturing facility in Nilai, with a planned investment of US$150 million (US$1=RM4.09) to strengthen its regional manufacturing, engineering, and innovation capabilities while creating up to 200 high-skilled jobs by 2035.
East Asian LNG Prices Edge Higher On Heat, Geopolitical Risk -- Rystad Energy
KUALA LUMPUR, Aug 5 (Bernama) -- The East Asian liquefied natural gas (LNG) price for October delivery edged up 0.4 per cent week-on-week to US$20.4 per million British thermal units (MMBtu) on Aug 3, as geopolitical risk and extreme heat continued to support spot demand, according to Rystad Energy.
Kanadevia Inova Signs Casablanca Waste-to-Energy Concession
KUALA LUMPUR, Aug 5 (Bernama) -- Kanadevia Inova AG (Inova) has signed a 33.5-year concession agreement for a waste-to-energy project in Casablanca, Morocco, covering the design, financing, construction and operation of the facility.
Bursa Malaysia Ends Higher On Improving Sentiment Amid West Asia Optimism
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia continued its upbeat trend to close higher on Wednesday, buoyed by improving sentiment amid optimism over easing West Asia conflict, an analyst said.
Bursa Malaysia Higher At Midday, Supported By Tech Stocks
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia was higher at midday, supported by renewed appetite for technology stocks, in line with most regional market performances.
EU Businesses Seek High-quality Malaysia-EU FTA To Boost Investment, Trade
KUALA LUMPUR, Aug 5 (Bernama) -- European business leaders are calling for a high-quality Malaysia-European Union (EU) free trade agreement (FTA) that delivers practical commercial outcomes while strengthening long-term investment and cooperation.
Bursa Malaysia Opens Slightly Higher On Wall Street Gains, Hormuz Optimism
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia opened slightly higher on Wednesday, tracking overnight gains on Wall Street amid optimism over a possible agreement between the United States (US) and Iran to reopen the Strait of Hormuz, an analyst said.
Govt Eyes Seawater Desalination To Support Industrial Needs - PETRA
KUALA LUMPUR, Aug 4 (Bernama) — The government is exploring the potential of seawater desalination technology as an alternative source to support industries with high water demand, including data centres.