Rubber Market Ends Mixed On Improving Demand Prospects

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 5 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Wednesday, supported by improving vehicle demand prospects, positive developments in the electric vehicle (EV) sector and relatively stable economic conditions in the United States (US), said a dealer.

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.

Multiplier Secures US$35 Mln Series B, Appoints Allen Shim As President And CFO

KUALA LUMPUR, Aug 5 (Bernama) -- Multiplier, a technology company that acquires premium professional services firms, has announced a US$35 million Series B round led by The General Partnership, with participation from Ribbit Capital and Lightspeed Venture Partners. (US$1=RM4.09)

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.

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.

FBM KLCI Futures Higher In Early Trade

KUALA LUMPUR, Aug 5 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives were higher in early trade on Wednesday.

Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data

KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.

Malaysia Needs More National Champions To Drive Regional Growth - Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs more companies capable of progressing from promising enterprises into national champions and eventually regional leaders, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

CPO Futures Rebound On Stronger Soybean, Crude Oil Prices

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 4 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Tuesday amid stronger soybean oil and crude oil prices, said a trader.

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.