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Bursa Malaysia Ends Morning Session Lower Amid Heavyweight Sell-off

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia ended the morning session lower today, as continued selling activities in heavyweight stocks, particularly financial counters, weighed on market sentiment.

RNG Tech To Deploy Over 800 Massage Chairs In Malaysia, Four ASEAN Countries To Drive Expansion

KUALA LUMPUR, July 7 (Bernama) --  RNG Tech Bhd aims to deploy more than 800 self-service massage chairs across Malaysia and four ASEAN countries this year as part of its expansion strategy after its listing on the ACE Market of Bursa Malaysia.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, July 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts opened lower on Bursa Malaysia Derivatives today.

Bursa Malaysia Pares Yesterday's Gains To Open Lower

KUALA LUMPUR, July 7 (Bernama) -- Bursa Malaysia pared yesterday's gains to open lower on Tuesday, as early selling pressure weighed on market sentiment.

Ringgit Opens Slightly Higher Against Greenback Amid Focus On Fed Outlook

KUALA LUMPUR, July 7 (Bernama) -- The ringgit opened slightly higher against the US dollar on Tuesday amid continued focus on the United States (US) Federal Reserve's (Fed) interest rate outlook.

CPO Futures End Higher, Tracking Gains In Soybean Oil & Palm Olein

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 6 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on Monday, buoyed by stronger performances in soybean oil on the Chicago Board of Trade and palm olein futures on China's Dalian Commodity Exchange, a trader said.

Enest IPO Oversubscribed 1.94 Times Ahead Of ACE Market Listing

KUALA LUMPUR, July 6 (Bernama) -- Enest Group Bhd's initial public offering (IPO) has been oversubscribed by 1.94 times, ahead of its listing on the ACE Market of Bursa Malaysia.

Ringgit Ends Lower As Investors Return To US Dollar

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 6 (Bernama) -- The ringgit closed lower against the US dollar on Monday as investors returned to the greenback following its recent pullback after a weaker-than-expected US June employment report.

Bursa Malaysia Ends Higher Lifted By Banking, Plantation Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia ended higher on Monday, supported by renewed buying interest in banking and plantation counters.

Rubber Market Closes Mixed, Supported By Regional Futures Gains

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, July 6 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Monday, supported by gains in regional rubber futures markets and expectations of a new tyre plant in Selangor.

Melaka Inland Port To Drive Economic Growth, Strengthens Logistics Sector

ALOR GAJAH, July 6 (Bernama) -- The RM300 million Melaka Inland Port (MIP) project is expected to be a catalyst for the state’s economic growth by bolstering the logistics and trade sectors and supporting the state government’s aspiration to reach RM10 billion in investments by 2030.

Bursa Malaysia Extends Gains At Midday

KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia extended its gains at midday, with financial services, healthcare and transportation stocks leading the gains among heavyweights.