KTC To Invest RM30 Mln In Gardenia Plant In Sarawak, Create 500 Jobs

KUCHING, July 13 (Bernama) -- Kim Teck Cheong Consolidated Bhd (KTC) plans to invest RM30 million in a Gardenia bread manufacturing plant in Kota Samarahan, Sarawak, creating 500 jobs for local graduates and skilled workers.

Ringgit Closes Higher Against Major, Regional Currencies

By Abdul Hamid A Rahman

KUALA LUMPUR, July 13 (Bernama) -- The ringgit ended higher against major and regional currencies, including the US dollar, on Monday amid continued geopolitical uncertainties in West Asia.

Plantation, Commodity Stocks Lift Bursa Malaysia Higher At Close

By Siti Noor Afera Abu

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia ended higher on Monday as gains in plantation and commodity-related counters offset the cautious regional sentiment.

Short-term Gold Prices Likely To Hover US$3,800-US$4,200 Per Troy Ounce -- Go Capital

KUALA LUMPUR, July 13 (Bernama) -- Gold prices are likely to hover between US$3,800 and US$4,200 (US$1=RM4.071) per troy ounce amid pressure from crude oil prices and inflation, Go Capital Growth Sdn Bhd general manager Hong Kok Wah said.

Liew Calls For One-stop Centre To Boost Semiconductor, Deep-tech Financing

KUALA LUMPUR, July 13 (Bernama) -- Deputy Finance Minister Liew Chin Tong has proposed that Malaysia establish a one-stop centre for semiconductor and deep-tech financing, offering integrated financing solutions in the heart of Malaysia’s technology cluster.

Bursa Malaysia Remains Higher At Midday On Bargain Hunting

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia maintained its upward momentum at midday, supported by bargain hunting in selected heavyweight stocks after profit-taking weighed on the market in the early morning session.

Bursa Malaysia Opens Higher But Retreats Thereafter

KUALA LUMPUR, July 13 (Bernama) -- Bursa Malaysia opened slightly higher on Monday but retreated thereafter, as investors took profit following the benchmark index’s rally to a two-week high above the 1,690 level last week.

CPO Futures Seen Trading With Bearish Bias Next Week Amid Weak External Cues

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week as weaker soybean oil and crude oil prices continue to weigh on market sentiment.

Gold Futures Likely To Trade Higher Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade higher next week ahead of the release of the the United States Consumer Price Index (CPI) report next Tuesday, an analyst said.

CPO Futures End Lower On Rising Stocks, Weak export Performance

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, July 10 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Friday, weighed down by concerns over rising stock levels in the country, weaker-than-expected export performance and lower crude oil and soybean oil prices.

Bursa Malaysia Closes Higher On Rebound In Financial Stocks

By Danni Haizal Danial Donald

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia closed higher on Friday, supported by a strong rebound in financial services stocks that lifted the overall market sentiment, in line with gains across regional markets.

Bursa Malaysia Sharply Higher At Midday, Tracking Regional Gains

KUALA LUMPUR, July 10 (Bernama) -- Bursa Malaysia was sharply higher at midday today, tracking gains in regional markets, as buying in financial heavyweights supported market sentiment.